Binance Hashflow (HFT) Announced! Will it increase by 34,500 percent?

Binance has launched a new project after flying STEPN (GMT) 34,500% before. Will Hashflow (HFT) increase like GMT on Binance news?

First token available on Binance Launchpool: Hashflow (HFT)

The leading exchange is launching a new project after sending GMT to the moon. Binance will host the first sale of the Hashflow project token, abbreviated as HFT. According to the announcement, HNT will be the first token to be sold on Binance Launchpool since April 2022. STEPN (GMT), which was previously released on this platform, saw a price increase of 34,500%. It will be useful to follow it closely, as it is a candidate for an exemplary performance in HFT.

Everything you need to know about Binance Launchpool’s 31st project

It will launch Hashflow, its 31st project on the Binance platform, at 03:00 CEST on November 1st. Exchange users can buy HFT with BUSD or BNB. The farming period will last 30 days from November 1st. In the middle, Binance launchpad has been dormant for the past three months. In the previous project, Project Galaxy managed to distribute 3M GAL tokens to Binance users.

What are HFT and Hashflow?

Hashflow is a decentralized cryptocurrency exchange with interoperability and MEV protected processes. The native token of the exchange is HFT, an Ethereum-based ERC 20 token. Working on Ethereum, BNB, Polygon, Avalanche, Arbitrum and Optimism, Hashflow will be a direct competitor to another well known DEX platform 1inch. HFT also plans to do futures and options processes.

A Hashflow administration token called HFT allows you to participate in the project’s interactive, gamified DAO. To participate, you must buy and stake BUSD or BNB by the end of November. However, from November 7, HFT will be listed and available for trading on Binance. High-profile funds such as Dragonfly Capital and Alameda Research, which have ties to FTX CEO Sam Bankman-Fried, were in the midst of the project’s primary backers.

What makes Hashflow special?

Most DEX platforms rely on automated money makers to match buyers and sellers. AMMs have challenges such as low liquidity and permanent losses from unsystematic price changes. A “sandwich attack” is a kind of command book front where the attacker takes advantage of users sending a process but still waiting for it to be included in the Blockchain. Hashflow implements a request for quotation (RFQ) function that allows market makers to manage their liquidity pools and avoid leading attacks. Hashflow has the first parable-focused gamified DAO. Users can shape the platform by joining Hashverse.

Other valuable announcements of the day from Binance Koindeks.comas cited in this article.

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