HaloTrade, a DeFi hub on the Aura Network, is revolutionizing trading, liquidity provision, and token bridging across chains with impressive achievements.
A Dynamic Beginning: Launching HaloTrade's Testnet
Kicking off the quarter on 30 May - 1 June, HaloTrade set the stage by launching its application on testnet. This move aimed to fine-tune and rigorously test the platform, ensuring that it would deliver a seamless and secure experience for users. During this testnet phase, HaloTrade also listed the first 3 trading pairs (EAURA /USDC, USDC/SFTY, EAURA/SFTY) to further encourage the exploration of users on this novel decentralized exchange.
The Seal of Security: BlockSec's Audit
Building trust is vital in the world of DeFi, and HaloTrade took this to heart. On 7 June, the platform successfully completed a security audit conducted by BlockSec, certifying its safety for users. This audit bolstered confidence and affirmed the commitment to maintaining the highest security standards for users on Aura Network.
Fostering Interoperability: Partnership with CelerNetwork
30 June marked a significant milestone as HaloTrade unveiled a strategic partnership with CelerNetwork. This partnership enabled the seamless trading of ERC-20 and non-fungible tokens across different chains and also a testament to HaloTrade's responsibility to provide a comprehensive and diverse DeFi ecosystem for the users.
The Grand Debut: HaloTrade's Official Mainnet Launch
21 August was a remarkable day when all of our extensive effort and dedication finally came into shape. HaloTrade proudly announced the official launch of its Mainnet, featuring core functionalities such as trading, providing liquidity, and bridging tokens across different chains to the Aura Network blockchain.
Most importantly, HaloTrade’s dedication to onboarding new users with a seamless experience has been shown through the provision of grants for them to cover gas fees on Aura Network. This ensured that even those without $AURA tokens in their wallets could participate in the DeFi ecosystem without any issues.
Farming for Growth: AURA - USDC Farming Pool
The quarter concluded with a preeminent accomplishment as HaloTrade introduced its first farming pool, featuring AURA - USD with a phenomenal total reward pool of 300,000 AURA tokens and an APR of up to 500%. The farming pool, which commenced on August 24, is planned to last for three months, offering users an exciting opportunity to engage in yield farming on Aura Network.
Expanding Horizons: $AURA Token Migration
A major moment in HaloTrade's Q3 journey is the $AURA token migration on BNB Chain.
Prior to this move, users seeking to deposit their funds onto the Aura Network blockchain had to navigate through centralized exchanges, an approach that was far from crypto-native and posed high barriers of entry for newcomers.
However, $AURA holders on BNB Chain could now migrate their tokens into $CeAURA which can be bridged directly to Aura Network blockchain via HaloTrade. This solution has helped streamline the process, making it more efficient, cost-effective, and in alignment with the principles of decentralized finance that HaloTrade has also thrived for.
A Fresh Look: HaloTrade's New Homepage
As September came to an end, HaloTrade unveiled yet another significant enhancement to its platform: the introduction of a new homepage. This redesigned interface not only looks modern and lively but also elevates the overall user experience on the platform thereby reflecting HaloTrade's goal to not only function brilliantly but also offer a user-friendly interface. As the platform continues to evolve and redefine the DeFi landscape, this update ensures that users are met with a dynamic, engaging, and aesthetically pleasing environment, making their DeFi journey all the more satisfying.
In conclusion, HaloTrade's journey in Quarter 3, 2023, was marked by innovation, security, and inclusivity. With a robust Mainnet launch, strategic partnerships, and initiatives like gas fee grants and farming pools, the platform continues to be a beacon of promise in the ever-expanding world of decentralized finance on the Aura Network ecosystem.
About HaloTrade
HaloTrade is the most secure DEX on the Aura Network, helping individuals swap, earn, and bridge in the cross-chain interoperability protocol. It's composed of a suite of smart contracts written in CosmWasm to enable users to easily access all of the provided features via a friendly user interface (UI) without any registration needed or by interacting directly with the smart contracts.