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Hydra (HYDRA) is an open-source Proof-of-Stake blockchain that aims to solve the “Total Supply Problem” commonly faced by cryptocurrencies. With a unique set of economic features, Hydra combines inflationary and deflationary mechanics in its economy, allowing the real adoption of the coin to define its total supply. This ensures a sustainable and stable ecosystem for users.
As a Proof-of-Stake blockchain, Hydra allows anyone to become a full node with just a few clicks and stake HYDRA to help maintain the network. Stakers are rewarded with a high economic stream through block rewards, ensuring the network’s security against potential “51% attacks”. This powerful staking economy encourages active participation from the community.
Hydra also introduces a shared economy that benefits all stakeholders. It provides 50% gas royalties to smart contract owners, while developers and projects receive 50% of the transaction fees whenever their smart contract is executed. This unique economic model unlocks new possibilities for decentralized exchanges (DEX) and decentralized applications (DAPPs) with high transaction volumes, creating a sustainable and rewarding ecosystem for developers and users alike.
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