The Open Community Voting for $HYDRO token supply has come to an end.
We're glad to announce that :
111.111.111 as new total supply of Hydro after redeployment.
Therefore, the team will begin the redeployment process ASAP.
I need some clarification. Is this redeployment considered an airdrop or a swap?
yes sir. this is a swap token, to reduce the total supply from 11 billion to 111 million. The main purpose of this redeployment is :
- Redeployment of Hydro will help us to
add burning system and make Hydro compatible with multichain - Burning system is what you guys are looking for and eager to ask all along, to automatically reduce the total supply.
- Compatible with multichain will help us gain the benefit of lower gas fee which is the biggest problem now for any project.
and because of the eager requirement from Hydro community, we decide to use this redeployment to reduce the total supply.