<aside> 🎯 Looking for: initial set of institutional liquidity providers to launch with in early April 2022.

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Hermes Defi was born as a yield aggregator on the Polygon blockchain during the summer of 2021. Since then, we have become a multi-chain protocol by expansion to Harmony. We are currently transitioning to our ultimate product, The Hermes Protocol.

Hermes Defi's vision has always been to create a DeFi platform that fulfills our 3 core values (Safe, Transparent, and Fast). We are building a constructive and friendly community to support this platform where users can take the first step from managing their fiat finances to cryptocurrencies in a comprehensive and easy way.

<aside> 📈 Hermes DeFi wants to bring a trader-first DEX/AMM platform to attract significant volume and liquidity to Harmony.

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This facet of Harmony is underserved by gamified DeFi products or those who do not support and elevate the Harmony community. We aim to become a cost-effective platform through a reduced swap fee, greater returns to LP providers, and no reward lockups.Our project has received an excellent reception on Harmony. Our currently available products (pools, farms, vaults, and Bank) are just the tip of the iceberg from what The Hermes Protocol will offer. Even so, the value deposited on our platform reached a peak at 7.9M and is holding at around 3-4M over the last few weeks despite the overall market sentiment.

Our social growth across Twitter and Discord during this period is quite remarkable. On Twitter, we have 462K tweet impressions and 185K profile visits over the past 28 days. We have consistently remained in the top 3 most influential projects on Harmony, even ahead of projects like DeFi Kingdoms or Tranquil Finance. Our Discord server has over 2800 active users. We utilize this as the direct communication medium with our investors, gathering feedback and distributing information quickly. In addition to these areas, we have developed a trustless staked-one (hONE, Hermes Staked ONE) DeFi primitive, operated a public RPC endpoint, and publicly shared the identity of 7 out of 8 team members.

Finally, our CMO Austin attended ETHDenver to increase our presence and relationships in the environment. During this period, we were able to secure a $305,000 investment from Harmony as part of their Project X @ ETHDenver initiative.

New_Roadmap.png

The ****image and branding ****of Hermes is very important to us. As such, we are striving to build an innovative and connected environment for our users, differentiating us from the competition.

Our roadmap contains new DeFi mechanisms like Bonding (Protocol-Owned Liquidity), Dual Farms, Nodes (stablecoin returns), and Leveraged Trading/Farming.

In addition to these goals, we are funding the research and development of AlgoFi – complicated investment strategies simplified into a trustless execution system. We are pairing these new initiatives with core features like a reduced swap fee (0.2%), limit orders, charting and analytics, and tax report generation to bring The Hermes Protocol up to speed with the best that DeFi can offer. In the future, we plan to expand to the NFT landscape through a NFT marketplace and staking. Throughout this process, we seek to grow our user base through educating, including our Community Wiki #LearnToEarn initiative.

We have secured a total of $355,000 in funding from the Harmony team [1,2]. As part of our final preparations before our launch in April, we are seeking additional funding from private investors.

<aside> 🤝 If you are interested in working with us to bring liquidity or an investment to Hermes Defi, please get in touch via email ([email protected] & [email protected]) or by scheduling a meeting in the widget below.

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https://calendly.com/austin-hermesdefi