Hodla: Interoperable Archway Staking Experience
- Crypto / Web3
- Bro&Bro Indexer
The core vision behind Hodla is to eradicate the barriers that hinder seamless staking experiences across diverse blockchain networks, starting with Akash and Archway. By providing a unified platform, we aim to free validators from the need to develop individual dApps, enabling them to concentrate on their primary responsibilities like validating transactions, participating in governance, and nurturing their communities.
We integrated Akash & Archway in Hodla - now Akash validators can get retail delegations in 1-click using their own "Hodla space", a guaranteed user attribution channel. (example for Postuman validator): And users can effortlessly convert all of their unstaked IBC tokens into AKT/ARCH using our liquidity mover. Swapping & staking in Akash & Archway was never that easy before.
The fragmented staking experiences across networks impede validators in garnering retail delegations. They lack a guaranteed retail user attribution channel to get delegated AKT or ARCH, and users grapple with disjointed apps across different chains. Additionally, the inability to effortlessly convert unstaked liquidity to native AKT (or ARCH) from other chains hinders users from capitalizing on staking AKT (or ARCH). A disruption is overdue.
In this video I want swap ATOM, OSMO & AKT for ARCH to start delegating to Posthuman on Archway. Traditionally, this involves utilizing multiple apps, engaging in token swaps, and performing chain-to-chain transfers, cumulatively requiring to form and sign over four transactions. However, with Hodla, this process is streamlined into a single app experience with all wallet- & transaction-management done under the hood. Traditionally, this involves utilizing multiple apps, engaging in token swaps, and performing chain-to-chain transfers, cumulatively requiring to form and sign over four transactions. However, with Hodla, this process is streamlined into a single app experience with all wallet- & transaction-management done under the hood.
or here's a silent Youtube version
Here's the final delegation transaction: https://www.mintscan.io/archway/tx/C41829E8BE1ADA0B5A5451DBE5254C4828A60D9C0643C721B4948331F9356DC5
Hodla unveils a groundbreaking staking platform offering guaranteed retail user attribution for Akash validators, thus addressing the core challenges faced by validators in attracting retail delegations. Now Akash validators can use Hodla as a "linktree for validators" as part of their marketing. Here's how it looks for Posthuman: https://hodla-app-github-io-git-hackathon-hodla.vercel.app/posthuman
Further, our Bulk Liquidity Mover feature solves the liquidity barrier by enabling users, for instance, with only ATOM & OSMO to effortlessly transition liquidity to stake on Akash or Archway networks, all within a unified, user-centric interface.
Try converting some OSMO, ATOM, ARCH into AKT in a single click: https://hodla-app-github-io-git-hackathon-hodla.vercel.app/lm
Hodla's innovative features and user-centric design are poised to significantly contribute to the rise of AKT's Staking Market Cap and Staking ratio, driving positive value for the Akash ecosystem. This impact can be measured through various metrics:
Staking Market Cap and Ratio Increase:
Decentralization of Voting Power:
User Engagement and Satisfaction:
Validator Conversion Rate:
Enhancing Nakamoto Coefficient:
In summary, Hodla's comprehensive approach to staking management, including automatic delegation diversification, simplified cross-chain staking, and improved user attribution, has the potential to drive substantial value to Akash ecosystem. These measurable impacts align closely with the goals of the Akash foundation, focusing on excellence in public goods, ecosystem initiatives, and innovative projects that enhance the success, security, and innovation of AKT.
Hodla amplifies the value of Archway similarly to Akash. Additionally, we posit that with each new chain integration, a reciprocal network effect emerges, as each network garners value from others.
Hodla, a non-custodial staking dApp, is meticulously architected to deliver a seamless and secure user experience while simplifying staking and liquidity management across Akash and Archway. Below are the technical hallmarks of Hodla:
dispatch function, manage state interactions, allowing for both synchronous and asynchronous operations.
Liquidity Mover Feature:
Deployment and Hosting:
This technical overview underscores Hodla's commitment to delivering a secure, user-friendly, and feature-rich staking platform that simplifies cross-chain staking and liquidity management, making DeFi more accessible and engaging for users across the blockchain ecosystem.
Validators can swiftly integrate into Hodla's ecosystem by following the instructions on our ReadMe to merge their configuration file, enabling their distinct Hodla space.
Live on Solana & Cosmos, signed top-5 cosmos validator, Posthuman, Bro&Bro & Colossus. Got P2P, Everstake & Chorus One interested, are in testflight with Imperator.co. Won the Interchain hack in Seoul, hosted by Keplr & Osmosis
Aiming to further enhance staking experience in Akash we will be applying for an ecosystem grant to fix
We aspire to secure support from the Akash Foundation to continue innovating.
Daniel Kunis (point of contact), Co-founder, CPO & Investor relations. Ex-product manager at Yango, ios-developer at VK, intern at JetBrains. Bachelor in CS at ITMO, Aalto & Innsbruck Universities (4.95/5 GPA). https://www.linkedin.com/in/dankunis/, https://twitter.com/dankunis
Kirill Semenov, CEO and modest code contributor. Ex-Yandex PM and data analyst at Yango. Has diverse experience in analytics, product management, front-end development and entrepreneurship. https://www.linkedin.com/in/kstrive
Timofey Dolgunichev. Full-stack developer and our team lead. Has a huge experience in big corporations, ex-Yango senior dev. https://github.com/timadol
Evgeniy Yakovishin. Full-stack developer and expert in the Cosmos Ecosystem and a true validator guru. Devops at POSTHUMAN validator team https://github.com/evgen3000
Artem Popov, UX/UI designer. Builds a beautiful user-centric experience. Ex-Yango designer. https://dsgn.pro/