Hummus protocol is a single-side automated market maker designed for exchanging stable cryptocurrencies on the Metis blockchain. Underpinning the Hummus protocol is the novel approach to the LP token.&nbsp;Instead of representing a share of the liquidity, it will record the exact token and exact amount of tokens deposited.&nbsp;At withdrawal phase, the exact same amount will be given back (in addition to other rewards).Key features of Hummus:<ul><li>Ultra-low Slippage. By compounding the liquidity of a same token in one liquidity unit, maximal capital efficiency is reached and traders can enjoy ultra-low slippage.</li><li>Easy Scalability. Adaptative pool composition allows each token to organically scale.</li><li>Flavorful User Experience. Provide liquidity and withdraw seamlessly without worrying about impermanent loss.</li></ul>

Hummus

Hummus protocol is a single-side automated market maker designed for exchanging stable cryptocurrencies on the Metis blockchain.

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Layer 2 scaling solution Metis has announced a plan to compensate users affected by last month’s PolyNetwork bridge hack. The project will distribute 117,000 METIS tokens to impacted community members. At the same time, Metis is implementing an enhanced cross-chain architecture using LayerZero’s OFT model. Recapping The PolyNetwork Exploit On July 1st, a hacker exploited […]

Hummus HUM

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Metis Provides Support for Users Affected by PolyNetwork Exploit While Improving Cross-Chain Structure