Hundred Finance deployed their dApp on Gnosis Chain

Published on: 24.02.2022

Hundred Finance has now been redeployed on Moonriver and they will restart $HND emissions there simultaneously with those on Gnosis Chain.

Gnosis Chain is an EVM compatible blockchain designed for fast and inexpensive transactions managed by the Gnosis DAO, a collective that guides the development of the wider Gnosis ecosystem.

Hundred Finance users have access to the entire Gnosis ecosystem simply by loading their browser wallet with the correct RPC settings and sending enough DAI (that becomes xDAI on Gnosis Chain) to their wallet to pay for transaction fees. This is done in the same manner ETH is used on mainnet.

As for HND itself, the token’s Gnosis version has now been incorporated within Multichain and cross-chain transfers through the application are now available.

Hundred Finance

Hundred Finance is a decentralized application (dApp) that enables the lending and borrowing of cryptocurrencies. A multi-chain protocol, it integrates with Chainlink oracles to ensure market health and stability, while specializing in providing markets for long-tail assets.