Hop V1 incentives are ending soon to pave the way for Hop V2 🐰 Remove your LP positions from the Hop V1 AMMs now to avoid having to wait a full 7 days to withdraw after V1 has fully wound down.

This is the end of the thread.

Read this in blog post form here: hop.mirror.xyz/ses1eBc83EWRV… Dive into the Rails whitepaper: hop.exchange/Rails.pdf We see a bright future for an Ethereum without fragmentation and we're here to build it. With love, the Hop team 🫡

Hop has stayed dead focused on our mission -- driving the adoption of secure, trustless, and community-owned cross-chain infrastructure. Soon we will be launching Rails with a limited routes and bonders enabled. Over the coming months, we will be opening up all routes as well as the open bonder network and releasing tools for easy and seamless integration. Once Rails has a foothold in the market, we'll turn our focus to launching the Hop Hub and opening up the modular messaging layer that underpins Rails for any cross-chain application to use. More on this to come.

The Hop Hub is a rollup that acts as (you guessed it) a hub for cross-chain liquidity. Rails works with paths that connect any two given chains. A cross-chain transfer can seamlessly string together multiple paths to get the user to their desired destination. While any chain can create a direct path with any other chain, it's more efficient to route liquidity through a single path with the Hop Hub.

So how does it work? Rails enables users to settle directly with each other driving capital efficiency. The idea is simple. Each transfer sent includes data about transfers from the destination freeing them up as it's sent. A virtual AMM, requiring no external liquidity, sets a rate between chains to balance flows. Transfers are freed up in the order they were made and an open network of bonders provides fast execution for those who aren't keen on waiting.

Until now, interoperability has only been accessible to the largest rollups and assets. Rails’ efficiency, settlement dynamics, and permissionless nature open the door for a much longer tail of rollups and tokens to interoperate fostering a more interconnected Ethereum ecosystem.

Speed and efficiency aren’t everything. We also need better cross-chain user experiences. Rails can be used to... 🌉 Bridge directly ⛺ Settle intents 🌐 Enable chain abstraction Current cross-chain solver networks require solvers to fragment their liquidity across many supported chains and rebalance liquidity themselves. Rails allows solvers to settle in place enabling them to focus on individual chains and not worry about asset rebalancing.

Rails offers an alternative — a permissionless and trustless bridge protocol settled by users themselves. 💡 Rails achieves the best-case capital efficiency profile currently offered only by trusted bridges. 🪙 Any token can be added permissionlessly without any liquidity provisioning required. ⚡ An open network of bonders provides faster-than-finality execution for a top-notch user experience.

Trustlessness and decentralization are losing in today’s bridge landscape. Existing bridge designs all face the same capital efficiency bottleneck — message times. Trusted bridges win out on price with immediate message times, and trustless bridges have turned to less secure messaging solutions to keep up.

We're excited to announce Hop Rails, a better bridge. hop.exchange/Rails.pdf

Categories like governance tools, cross-protocol innovations, and more await your ideas. Submit through the Hop DAO forum for a chance to receive a grant and help shape the future of Hop. See more information in the link below: forum.hop.exchange/t/hop-exc…

The Hop DAO has revamped its Grants Program with 2.25M $HOP tokens! Developers, marketers, and community members are invited to submit proposals that enhance the Hop ecosystem. Priorities include Hop v2 enhancements, awareness campaigns & community tools 🐰

The @arbitrum LTIPP is now complete 🎉 Users who earned an onboarding fee refund during the program can still claim it at any time! Thank you to everyone involved in the program.

Hop's grant from @arbitrum LTIPP has been claimed🎉 For the next 12 weeks, you can stake your ETH, DAI, & USDT LP tokens on Arbitrum to earn $ARB Hop users sending to Arbitrum will have 80% of their total onboarding fees refunded Thank you to the Arbitrum and Hop communities!

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Hop's LTIPP proposal has passed @arbitrum governance 🎉 The 500k ARB will be used to enhance and expand the expansive Arbitrum ecosystem via Hop. A huge thank you to everyone involved!

If you thought fees for DAI were low before, think again! Bonder fees into AND out of @gnosischain are now lower than ever. Sometimes the slippage might even work in your favor 👀