Hermes DeFi Announcements

Hermes Defi
3 min readJul 5, 2022

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. It was submitted to Certik on 7/5/2022 and the team will provide updates as we recieve feedback from their team.

The hONE audition has also been successfully completed and the contract is ready for 100% operability.

Frontend

During this week marvinkome has added charts in both directions, allowing users in pro mode to consult the chart regardless of the LP direction.

On the other hand amaik during this week has made the Analytics page operational and fixed the data flow coming from xHRMS.

Community

With respect to the community, HRMS emissions have been readjusted to the votes made by the community.

The team has transitioned its internal services from Austin to the other core (Hetzner + Cloudflare) team members and readjusted the main Multisig to match the current decision process within the team.

Different strategic actions have been discussed for a week within the team internally, and will be made public to all users in the short term.

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.

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Hermes Defi

The Hermes Protocol is a a decentralized and proactive financial platform at the forefront of modern day finance. Hermes DeFi is Safe, Transparent, and Fast.