Catalyst Sprint 3 – Hydra as a B2B layer for DeFi- a white paper and a MVP

Guest: Trym

Link to the proposal
https://cardano.ideascale.com/c/idea/101626

Short summary of the project:
We can vastly improve the DeFi experience by leveraging Hydra in a new way that is not application specific but instead as an inter-protocol communication layer or “B2B”. In a nutshell this mean lower fees, faster finality, much more congestion resilience, new and improved features, like flash loans, auto harvesting, no more batchers, leverage trading and in general the next generation of Cardano DeFi innovation; in addition to bringing a lot of traffic off of the main network improving the experience for everyone.

The proposal is for producing a white paper, an MVP and a list of MOUs from projects that are willing to commit to developing in this direction following the completion of the white paper.

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*** None of the information on this episode is to be considered as financial advice. All conversations and opinions are that of the guests and are intended for educational and entertainment purposes only. Please do your own research and understand that cryptocurrencies are volatile and risky. https://www.youtube.com/watch?v=Fq8FhvxET2k
===

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