Hermes DeFi Announcements

Hello and welcome back. We continue to bring updates to the teams progress and our efforts on developing and launching features on our DEX. Another week in the Harmony ecosystem in which our devs have made the following progress.

Backend

Team members Wendel and Shaman continued their work on during this week have been sent to Certik the bond and its periphery contracts.

During this week the first review has been accepted and successfully achieved, subsequently Certik has communicated new lines of attention on which our developers are currently working.

On the other hand, the lending/borrowing research and development process has begun.

Our devs and team have been reviewing code and documentation related to Compound, more information will be provided as it progresses.

Community

With respect to the community.

Hermes Defi has been listed on the renowned Immunefi portal to compensate users who perceive errors in our DEX contracts and are fairly rewarded for their contributions.

As part of the internal restructuring of Hermes Defi expenses, Hermes Defi has deactivated its RPC and validator support.

In addition, the team’s salary has been readjusted and its income will come from the initially created LP, which has already been withdrawn and converted to USDT.

About Hermes DeFi

The Hermes Protocol is an entire suite of DeFi applications centered around a low-cost and efficient DEX/AMM on the Harmony blockchain. We have a user-first focus, and live by our values of: Safe, Transparent, and Fast. We are bringing critical quality of life and trader-focused features to our exchange including: EPNS-powered notifications, native charting, portfolio tracking, deep analytics, and more. Learn more about our protocol and community through the links below.

Testnet — Website — Docs — Reddit — Twitter — Discord — YouTube — Telegram