Hop Protocol (HOP)
Blockchain Service
Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup to another almost immediately without having to wait for the rollup’s challenge period.
Start:
May 6, 2022 00:00:00
End:
May 6, 2022 23:00:00
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What is Hop Protocol ?
Hop is a scalable rollup-to-rollup general token bridge. It allows users to send tokens from one rollup to another almost immediately without having to wait for the rollup’s challenge period.
The Hop protocol provides a scalable token bridge for Ethereum’s layer-2 ecosystem using a two-pronged approach:
- Create a special intermediary asset called an hToken (e.g., hETH, hDAI, etc.) that can be quickly and economically moved from one network to the next.
- Use Automated Market Makers (AMMs) to swap between the hTokens and their corresponding assets on each layer-2 network.
The end result allows users to seamlessly transfer tokens from one network to the next.
Hop Protocol Unique Features
- Send
- Add Liquidity
- Convert
- Stake
Roadmap
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Hop Protocol Token Economy
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Detailed Token Metrics
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Token Distribution
There will be an initial supply of 1b $HOP tokens:
- 8% airdropped to early users
- 60.5% to the Hop treasury
- 22.45% to the initial development team (3 yr vesting, 1 year cliff)
- 2.8% saved for future team
- 6.25% to investors (3 year vesting, 1 yr cliff)
Token Release Schedule
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Partners & Advisors
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Team Members
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Investors
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