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.
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
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