Hord Launches with Early Adopters Program
Hord, the liquid ETH Staking platform, has recently made its public debut and announced Early Adopters Program.
Hord's early adopters program offers a host of incentives. Participants are promised an increased APR (Annual Percentage Rate) on their staked ETH, along with additional HORD token rewards. The quantity of these extra rewards depends on the amount of ETH staked.
In order to join the program participants are required to stake their ETH with Hord. In return they will receive hETH tokens, representing staked assets. These hETH tokens can be traded for ETH on popular decentralized exchanges. To determine the eligible participants, a snapshot of the staking positions will be taken in mid-August.
As an added bonus, every wallet that stakes ETH with Hord will also receive an extra airdrop of HORD tokens. By staking your ETH at Hord, you ensure your participation in future HORD token airdrops. Hord's staking requirement is set at a 0.1 ETH, providing flexibility and accessibility to all interested participants. The more you stake, the higher your potential rewards.
Alongside this, Hord is inviting users to partake in the GALXE campaign. Completing tasks and earning points in this initiative boosts the chance of participants securing additional HORD tokens.
Hord is a decentralized finance (DeFi) protocol, specifically designed for tokenized pools, including ETH staking. The team behind Hord has successfully developed smart contracts that power a range of products related to tokenized pools, such as the Hord ETH Staking Pool and Private Pools, among others.
Hord's ETH staking platform allows users to stake ETH without any minimum requirements, providing a secure and user-friendly experience while offering some of the highest APRs in the market, according to project’s documentation. The hETH token, Hord's liquid ETH staking derivative, will also be available on various DeFi platforms.
Hord's Private Pools serve as a powerful tool for hedge funds, venture capitalists, decentralized autonomous organizations (DAOs), and financial firms to manage their funds securely on-chain. With Private Pools, financial institutions gain complete control and monetization options over their pools, empowering them in the DeFi space.
The hETH token operates as an ERC-20 token, representing the user's staked ETH and various rewards. The high APR associated with hETH is achieved through a combination of ETH staking rewards, MEV rewards, and additional Hord rewards. Remarkably, all MEV rewards are auto-compounded into the ETH staking pool, contributing to higher APRs compared to competitors.
Hord boasts of a wide range of esteemed backers such as MakerDAO, Gate.io, Coin98 Ventures, Chain Financial among others.
