Cours de Hourglass Protocol

Hourglass Protocol stands as a pioneering force in the blockchain realm, heralding the era of the first on-chain hourglass protocol deployed on Ethereum, integrating ERC404A, ERC20, and ERC721 implementations with native liquidity. With a commitment to revolutionizing token standards, Hourglass Protocol offers developers and individual users a comprehensive suite of functionalities tailored to meet diverse needs.

Hourglass Protocol allows users to define a specified period of time during which certain actions or transactions related to the hourglass assets are restricted. The periods can be beneficial in scenarios where users want to prevent excessive volatility or manipulation of the assets. It provides a mechanism for ensuring stability and promoting a more controlled trading environment.

The logic supports not only different-level users but also considers concepts like transaction mining. Through on-chain behavior snapshots, higher-grade users will receive more benefits.

Wrapping & Unwrapping

Wrapping & Unwrapping enables the conversion of different cryptocurrencies through hourglass assets. This functionality allows for increased interoperability and seamless integration with ERC-404A, ERC721, and ERC20 assets. Users can convert their existing assets, providing them with more options and flexibility when it comes to participating in the ecosystem of the protocol.

Binary Asset Exchange Ratios Of NFT & FT

Users can exchange one asset for another at a predefined exchange rate. The use of binary asset exchange ratios simplifies the trading process and facilitates liquidity within the protocol. It ensures that users can easily swap between different assets without needing to rely on external exchanges.

> Groundbreaking Innovation: Hourglass Protocol marks the advent of the first on-chain hourglass protocol, setting a new standard for decentralized finance.

> Accessibility and Flexibility: Any project or individual can leverage Hourglass Protocol to launch hourglass assets, enabling functionalities like setting cooldown periods and determining Token-to-NFT exchange ratios.

> Compatibility and Interoperability: While Pandora exclusively supports the launch of ERC404 new assets, Hourglass Protocol ensures backward compatibility with older asset protocols like ERC20 and ERC721. Users can seamlessly integrate existing assets and participate in trading on platforms like Uniswap.

> Price Stability Mechanism: Differentiating itself from the gameplay of 404, Hourglass Protocol’s hourglass mechanism introduces price stabilization measures, facilitating upward trends in token and NFT prices.