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A Retrospective on Hord's 2023 Journey

Jon Ganor
Jon Ganor
News
A Retrospective on Hord's 2023 Journey
Arrow go back

tl;dr

  • In 2023, Hord transitioned to a liquid ETH staking platform,

  • The team introduced HORD token governance for enhanced community participation.

  • Hord launched 62 ETH validators, solidifying trust within the community.

  • The platform amassed a pool balance exceeding 2000 ETH, with hETH achieving a market capitalization of $4.63 million.

  • The year marked significant growth and innovation for Hord, highlighting its pivotal role in the evolving crypto landscape.

A Recap of Hord's Epic 2023

In 2023, Hord underwent transformative changes, positioning itself as a prominent player in the LSD landscape. The transition to a liquid ETH staking platform marked a pivotal moment for the project. 

This shift was further complemented by the introduction of HORD token governance, enhancing community involvement and decision-making. Offering flexibility and accessibility, Hord's implementation of ETH staking withdrawals also empowered users with control over their assets. 

The year also witnessed significant milestones in Hord's validator ecosystem. The platform successfully launched 62 distinct ETH validators, a testament to its growing infrastructure and reliability. This expansion facilitated the onboarding of 293 stakers, underscoring the trust and engagement of the Hord community. 

Financially, Hord demonstrated robust growth, accumulating a pool balance surpassing 2000 ETH. Moreover, the introduction and success of hETH saw its market capitalization soar to an impressive $4.63 million. 

Hord’s Milestones for 2024

In 2024, Hord is set to achieve several pivotal milestones that underscore its commitment to innovation and user-centric solutions. The integration with LSDfi promises to amplify hETH's capabilities, enhancing its interoperability, Implementing a revenue-sharing model signals Hord's dedication to rewarding its community.
Additionally, the capability to stake on Hord alongside other LSDs ensures flexibility and choice for stakers. Lastly, the integration of Distributed Validator Technology or DVT fortifies Hord's validator infrastructure, bolstering security and efficiency across the board.

As Hord continues to innovate and cater to user needs, 2023 stands out as a year of remarkable progress and achievement. Stay tuned for more, Hordlers.

Website: Hord.fi/

Twitter: twitter.com/HordApp

Telegram: t.me/hord_app

Announcements: t.me/hordnews

GitHub: github.com/hord