Hurricane Swap is the first cross chain liquidity Dex based on avalanche. It's initial primary goal is to provide efficient and secure environment for avalanche users to transact with crypto currencies on other chains.
DeFi is gaining momentum and enjoys huge potential and infinite application scenarios in future, which will inevitably lead to a huge cross-chain demand. HurricaneSwap will open up the ecology of each chain, and provide users with more efficient and more convenient cross-chain services at lower costs to truly realize open finance with seamless interoperability between chains; the exploration of various DeFi scenarios can also give rise to collisions between different projects. The exploration of various DeFi scenarios can also cause inspiration sparkles for more creative cross-chain gameplays for the industry.
Infrastructure
It's infrastructure includes the Roke Protocol to cross chain bridge, the Hurricane Station, Source Chain, Assets Station, Hurricane Alliance, Verified nodes and Hurricane Swap the Decentralised Exchange.
The Roke Protocol is a LP bridge solution and works hand in hand with Hurricane Station and Hurricane Alliance.
Let's take an example of providing initial liquidity between a Binance Smart Chain and Avalanche.
The first stop of cross chain liquidity providing is Hurricane Alliance. The users with first created liquidity pool on the Binance Smart Chain unlock their tokens in their pool. Once the tokens are locked the Hurricane Alliance node will receive a request on Avalanche. If the initial node verifies the request. The request will then be broadcast to the other nodes which confirm and sign the mint request independently.
If the two third of the the nodes confirm the Hurricane Alliance, it will execute the request and minting corresponding Avalanche liquidity pool representing the LP on the Binance Smart Chain.
Once the initial liquidity is provided participants can add to the pool at the Hurricane Station and corresponding cross chain token will be minted.
Tokenomics
The $HCT is a governance token for the Hurricane Swap ecosystem. It has a total supply of 2B tokens, 60% of which is allocated for liquidity mining.
Final Thought
Ethereum has major weaknesses in infrastructure and performance, and other high-performance public chains have not yet found a mature cross-chain solution, HurricaneSwap has the opportunity to stand out with its safe, fast and cheap cross-chain mechanism.
With the development of Avalanche , HurricaneSwap, as its transportation portal and ecological gateway, will become the most anticipated and most competitive product in the cross-chain DEX .