⚙️Core Solutions and Advantages of HKdoge

Cross-chain rates and swaps

With HKDOGE, you can now swap any token for any other token across all supported networks with ease! Trade AAVE on Ethereum for CAKE on BSC, swap USDT on Avalanche for USDC on Polygon, or explore various other possibilities. Our cross-chain swaps are executed at the most competitive rates and completed in a single transaction. Our contracts exchange cross-chain messages and collaborate to identify the best rates, delivering assets to users on their preferred chain. No more searching for liquidity pairs, navigating DEXes, or employing bridges to transfer funds between networks. We've got it all covered for you, ensuring a seamless and user-friendly experience. Performing fast and effortless cross-chain swaps creates a plethora of opportunities in liquidity markets. At HKDOGE, we're proud to be pioneers in introducing this innovative cross-chain methodology!

Arbitrage made easy

HKDOGE introduces numerous benefits and solutions to the DeFi landscape, including the ease and speed of arbitrage opportunities! In practice, you purchase assets at a lower price on one chain, transfer them to another chain where the price is higher, and then sell them at a profit! HKDOGE enables users to effortlessly swap assets from a chain with a higher price to acquire a greater quantity of the same asset on a chain with a lower price. For example, suppose you want to arbitrage AAVE between Ethereum and Polygon. A spike in ETH price leads to 10 AAVE tokens being worth 1000 USDT, while on Polygon, 10 AAVE tokens are worth 920 USDT. By swapping 10 AAVE tokens from Ethereum to AAVE tokens on Polygon using HKDOGE, you would end up with 10.8 AAVE tokens on Polygon with just one straightforward transaction. It's that simple!

Asset utilization

At HKDOGE, we execute all cross-chain swaps through our proprietary stablecoin liquidity pools (LPs). The protocol transforms assets into stablecoins on the source chain and uses stablecoins on other chains to acquire the desired assets, transferring them to the user ultimately. Our primary focus is on the capital efficiency model, and we strive for a 100% utilization rate of our liquidity pools. We maintain a ratio of x100 between LP TVL (total value locked) and annual trading volumes to achieve this goal. We actively manage and adjust the maximum TVL for LPs to maintain this ratio. As a result, a 50 million TVL generates an annual trading volume of 5 billion dollars.

Yields

Thanks to HKDOGE's high utilization ratio, our stablecoin LPs can offer some of the most competitive stablecoin yields in the DeFi space. Stable LPs are expected to provide 20-30% APR through single-side staking. As trading volumes grow on HKDOGE, the pool value limits will be raised accordingly.