Description
Hydro Protocol is an infrastructure platform for Liquid Staking Tokens (LST) and LST Finance (LSTFi) built on the Injective network. It allows users to unlock liquidity on their staked INJ tokens, providing greater capital efficiency. The protocol's core features include LST Minting, where users stake INJ to receive hINJ, a liquid token; Farming, where users can stake their hINJ for additional rewards; and an Auto-Compounding feature for staked INJ. The native utility and governance token is HDRO, which can be staked for rewards, revenue share, and used for voting in 'Hydro Wars' to influence yield exposure. The protocol also incorporates Real World Assets (RWA) and aims to use AI technology for efficient rebalancing of its Real Yield Assets (RYA).