🐰 Hop Protocol

Protocol Overview:

Hop Protocol is a secure and innovative way to transfer assets between different chains. The protocol is unique in that it compresses origin messages into bundles and uses native message bridges to transfer these bundles between chains, ensuring maximal security as there are no single points of failure or trusted off-chain actors.

Where does the yield come from?

Your tokens are deposited in Hop liquidity pools, which are single token deposit yield farming pools that allow users to earn rewards on their deposited tokens. We automatically compound these rewards by reinvesting them back into the pool, resulting in higher yields for you.

What are the risks involved?

While Hop vaults have no impermanent loss risk, there are still risks involved in using the protocol. One risk is smart contract risk, which refers to the possibility of vulnerabilities or exploits in the smart contracts used by the vault. These risks can lead to loss of funds, and it's important for users to understand them before using the protocol. It's always recommended to do your own research, understand the risks involved, and only invest what you can afford to lose.

Fees:

At RLD, we take a 5% performance fee on every compound, ensuring that our platform remains sustainable and profitable.