Swapping – Hydraledger – OPEN. INDEPENDENT. SECURE.

Swapping

You can swap the
native Hydra Token
for WHYD and vice versa

Hydra has two tokens, HYD and WHYD (Hydra Token and Wrapped Hydra Token).

You can swap the native Hydra Token for WHYD and vice versa using a bridge node at a 1:1 ratio.

Which swap do you want to perform?

Swapping HYD to WHYD

To participate in the exciting world of DeFi, the bridge transports the HYD utility token to a Wrapped Hydra ERC-20 token (WHYD) at a 1:1 ratio. Once you have HYD in the web wallet, you need to go through the following steps to convert them to WHYD:

Now you can use your WHYD for:

Swapping WHYD
to HYD

The bridge node ensures that you can change your ERC-20 token to the native Hydra token at any time at a 1:1 ratio. If you have WHYD, you need to go through the following steps to convert them to HYD:

The bridge currently supports MetaMask to call smart contracts, but you can also do the swapping calls manually. Don’t forget that you need a certain amount of Ether to call smart contracts. Once the network confirms the transaction call, the node will check the transaction validity and reimburse you with the correct amount of tokens.

Now you can use your HYD for: