What is the circulating supply?

Following the airdrop distribution, we expect a supply of 8 to 9 million HYDRA. The supply can grow or shrink according to the requirements at the time. Block rewards cause an increase in supply, and transaction fee burns cause a decrease, countering the inflation. There will be a balance at some point, determined by multiple factors including the HYDRA price (which affects how many HYDRA are burnt via transaction fees) and votes by HYDRA holders performed via the staking wallet (including votes on the inflation rate (block reward) and transaction fee burn percentage).


Where’s the roadmap?

There is no official roadmap. But the major tasks lying ahead are:

  • Completing the migration of LOC to Hydra chain

  • Migrating the LockTrip.com marketplace to Hydra

  • Integrating LOC & HYDRA as payment methods into the marketplace

  • Building and developing the Hydra DEX

  • Integrating Hydra into Nano Ledger

  • Onboarding EVED token on Hydra chain

  • Exploring the opportunity to onboard the Rezchain booking verification system onto Hydra, which would immediately unlock a major use case and transactional economy

  • Launching the new Hydra website

  • Releasing a MetaMask-like browser extension

The order is not sequential


What is HYDRA?

Hydra is a truly decentralized POS (proof of stake) blockchain and emerged out of the combination of Bitcoin, Ethereum and Qtum. It unifies the best features of all three cutting-edge chains and carries a unique economic layer on top. This makes Hydra not only cutting-edge technology, but also enables a very strong shared economy of which all parties can benefit fairly.