Hundred Finance
Search…
🌐
Multi-Chain Implementation
Hundred Finance's current network deployments and multi-chain integration
The goal of Hundred Finance is to expand to multiple chains in order to deliver its decentralized and economically efficient financial services as widely as possible. Currently, the platform is implemented on the following chains:
  • The Ethereum mainnet (soft launch)
  • The Arbitrum Layer 2 scaling solution
  • The Fantom Opera blockchain network
  • The Harmony blockchain network
  • The Moonriver Substrate-based blockchain network
  • The Gnosis Chain blockchain network
  • The Optimism Layer 2 blockchain
  • The Polygon Ethereum scaling solution
The Hundred Finance dApp grants users access to these networks through its integration with compatible Web3 wallets. Users are able to select the network they wish to interact with from the platform’s main page, an action that will automatically trigger the selection of the correct network by their browser-integrated Web3 wallet. While the platform maintains the same core functionality independent of the chain, assets, interest rates and other variables, such as transaction costs, differ between them.

The native and governance tokens of Hundred Finance (HND and mveHND) are inherently multi-chain. As a standard ERC20 token, HND can be transacted across chains using the Multichain bridge dApp. mveHND, on the other hand, exerts its influence across chains through token mirroring, a process developed by Hundred Finance that is at the forefront of cross-chain cryptocurrency technology.

mveHND (mirrored vote-escrow HND) is the locked version of the native HND token used across chains to grant governance privileges and other protocol perks. Due to the nature of the contract, mveHND cannot be moved from a single EVM-compatible wallet address until it has been returned to its HND state. This occurs through it being unlocked following the completion of the lock set when it was generated. This inability to be moved, in combination with mirroring technology, makes it perfect for Hundred Finance's use as a multi-chain governance and management instrument.
The mirroring process is used to reflect and aggregate balances held on a single address across all deployments, allowing for the balance of these mveHND to be combined. This facilitates locked HND's true, simple and efficient use in multichain governance actions, while also granting other time-lock based perks (gauge voting, voting on improvement proposals, potential fee distributions, etc.) anywhere Hundred Finance is deployed.
Copy link
On this page
Multi-Chain Tokenomics
mveHND