HYDRA Token on the TON Blockchain: The History and Plans

When searching for “what is HYDRA coin?”, you will find that it is a unique project within the TON blockchain with the “liquidity-to-earn” mechanism. It was launched in 2024 with the aim to simplify users’ interaction with the TON network and give a new start for the NFT market. However, let’s dive deeper into the HYDRA’s history and primary goals.

HYDRA’s Crypto: Main Goals and Concept

HYDRA coin is designed with a clear, long-term goal—to create a stable ecosystem that provides investors with a safe space for earnings and opportunities for clear decentralized governance of the project’s development direction.

What Makes HYDRA Coin So Unique

TON HYDRA uses a new system called Proof of Liquidity (PoL), which makes it easier for people to earn rewards without needing a lot of money for staking, validation, or mining. Instead, users can add funds to liquidity pools, earn fees from trades, and receive new HYDRA tokens as rewards.

Right now, there are 65+ liquidity pools on the TON platform, featuring different tokens, with a total value of $3 million already locked in. Anyone holding these tokens can add liquidity to a pool, helping to support trading. Each of the 65+ tokens in these pools acts as backing for the others, with HYDRA token acting as a connector between them.

Additionally, DeDust reinvests trading fees back into the pools, which increases rewards for liquidity providers and encourages more people to join. This system makes liquidity farming easier, more profitable, and accessible to more users. 🚀

HYDRA Token Stability

The HYDRA token’s price is not solely dependent on the TON rate; it is stabilized through a pool with USDT and joint pairs with over 50 different tokens. These are aligned and traded by arbitrage bots. The HYDRA token chart shows a stable upward trend with minor corrections.

Decentralized Management of HYDRA’S Crypto

Unlike many tokens where decisions are made centrally by the project team, HYDRA relies on decentralization principles. The DAO makes all key decisions regarding the management of the token and its reserves through voting mechanisms. This not only strengthens trust in the project and demonstrates its transparency but also allows every active community member to have a real impact on its development and scaling.

Long-term Perspective of HYDRA

$HYDRA is envisioned as a project for decades, achieved through a sustainable token distribution plan where a large portion of the coins is locked in the DeDust.io exchange boost system for many years. This approach not only ensures a gradual and predictable increase in supply but also encourages token holders to interact long-term with the project.

HYDRA Token Transparency and Engagement

The $HYDRA project prioritizes transparency of all operations and active community involvement. This is achieved through regular video conferences and active communication via the project’s Telegram forum.

These main concepts and goals make $HYDRA not just another token on the market but a significant and important project with great potential.

Transparent Tokenomics of HYDRA Token

$HYDRA is designed to ensure long-term sustainability and value growth while stimulating active community participation in farming and governance processes. Key aspects of tokenomics include simple and transparent coin distribution.

Token Distribution

• Initial liquidity

Initially, only 0.66% of the total token volume is allocated for liquidity provision. This relatively small percentage helps minimize risks of sharp price fluctuations after the token launch. All other liquidity is contributed by independent providers.

• Token farming through rewards

14.34% of tokens are allocated for rewards to users participating in farming. These rewards are intended to encourage users to continually participate in liquidity management processes and maintain active economic activity around the token. This can be verified by reviewing the current rewards across all pools with the HYDRA token.

• Locked for the future

85% of tokens are locked for many years to support and expand liquidity pools. This ensures a gradual introduction of tokens into circulation and maintains their value on a long-term basis. The lock-up can be checked here.

What is the HYDRA Crypto Price and How to Buy It?

As has already been mentioned, to get a HYDRA token, you should participate in liquidity provision on decentralized exchanges (DEXs) within the TON blockchain ecosystem. Hydra tokens are distributed through liquidity provision on DEXs like DeDust.io. By adding liquidity to specific pools, you can earn HYDRA tokens as rewards.

You can also purchase HYDRA coin on centralized exchanges (CEXs):

• KuCoin: HYDRA is listed on KuCoin. You can create an account, complete the verification process, and purchase HYDRA directly using supported trading pairs.
• MEXC: Another platform where HYDRA is available is MEXC. Similar to KuCoin, you’ll need to register, verify your account, and then proceed to buy HYDRA.

Current HYDRA’s price is 0.703 USD (Feb 28, 2025).

HYDRA Market: What’s Next for HYDRA Crypto Project?

In 2024, HYDRA team announced that they were working on a Telegram Mini-App Game called Farmizen.

This game will work with decentralized exchanges (DEXs), focusing on liquidity pools and token swaps. From the game’s farming theme, you can already tell how it connects to Hydra Coin’s system. The goal is to attract many players who are willing to invest, introduce them to blockchain technology, and teach them about cryptocurrency in a fun way. This way, their gaming experience will naturally help them understand how crypto works in real life.

The game takes place on floating islands, where players grow different plants. These islands symbolize Hydra’s partner projects.

TON Hydra’s goal is to make it easy for users to get involved while also offering ways to earn passive income. Many people still don’t fully understand the potential of the TON blockchain, but we believe that many exciting projects will appear on it soon. Hydra wants to help build and develop these projects.

TON’s smart contracts are more advanced than those on other blockchains, making it easier to add DeFi features to the game. We think interactive apps and games will be the next big thing on the TON blockchain, and Hydra is working to lead the way in this space.

Conclusion

The HYDRA project represents a promising initiative in the world of decentralized finance, combining cutting-edge TON blockchain technology and unique integration into the decentralized exchange DeDust. With its unique features, transparent economy, and active community involvement, $HYDRA sets new standards in token farming.