The current version of HEX is a Metamask-like Chrome extension that creates, sends and manages tokens created using HTS. Existing hbar holders can log into their Mainnet accounts through their private keys or mnemonic words, while new users have the ability to create accounts.
Uniswap is the biggest exchange in DeFi today. As Uniswap is based on the Ethereum blockchain, we know there are inherent issues such as transaction deadlines taking far longer than expected (so it’s slow) and Ethereum’s gas fees increasing due to the heavy network usage: The network congestion is currently at 97%. (and it’s costly) We all know that isn’t sustainable in the long term.
With HEX, we intend to create a Uniswap-like DEX that’s built on world’s fastest, most secure, fairest and best governed decentralized network – Hashgraph, and with Hedera’s Token Service (HTS), DeFi on hashgraph will be a reality.