Hydro Protocol is the premier platform for staked assets, serving as the pioneer and exclusive Liquid Staking Derivatives (LSD) protocol on the Injective Network. Its mission is to elevate optimization and utility within the ecosystem to unprecedented levels.
Features:
1.Liquid Staking Derivatives (LSD)
LSD is the primary product of Hydro Protocol. Users can stake INJ and mint hINJ tokens on a 1:1 basis to start earning staking rewards, and deploy hINJ onto 3rd Party Protocols
2.Farming
Farming is a yield optimization product for your liquid assets (hINJ).
Users can stake liquid hINJ and earn additional yields on staked hINJ
3.Auto-Compounding
The auto-compounding feature of Hydro protocol help to maximize staking yields and amplify rewards with INJ assets.
It enhances convenience of automated re-investing and consistency in auto-compounding at standard intervals. Also, no transaction fees are incurred.
Mainnet Launch :
Hydro protocol will launch on Mainnet on 31st January 2024. The HDRO token will launch on Injective’s Mito Finance launchpad.
Let's make an analysis of how to get positioned for maximum bebfits during and after the launch.
There are 3 categories of airdrop that has been announced by Hydro protocol:
Phase 1 : TESTNET Airdrop
All those who participated in the testnet campaigns back in the Fall of 2023 are eligible to receive this airdrop. The snapshot has been taken according to the end of the campaign and on the leaderboard for those who have participated during the campaign period. These were the first engagement the protocol had as a community.
The airdrop amount will be determined by the leaderboard that was completed in Fall of 2023.
Phase 2: INJ Stakers on Injective Validators
Hydro Protocol is part of an amazing community in the Injective Ecosystem. As a celebration for the launch, they will also be providing an airdrop for anyone who has any amount of INJ staked onto an active validator within the Injective Ecosystem!
The snapshot for eligible wallets was taken on: 2024 January 04 @ 14:11:45 UTC, at block height 56,403,600
The entitlement factors for this airdrop is based on the duration and amount that was staked. These will be calculated and set into a tiered table for distribution. There is a max cap that is set for eligible airdrop amounts. Any unused residue from this airdrop’s max cap will be added to the farming airdrop in Phase 3.
Phase 3: EARLY ACCESS FARMING
If you aren't eligible for the first two phases,this phase is for you.
Hydro Protocol has announced another feature that ANYONE can participate in, and it’ll be the biggest “drop” yet. It is called the Early Access Farm, and it’s opened to all.
The Early Access Farming (EAF) is an early-access incentive for users who stake their INJ with Hydro once launched. They have allocated a significant amount of the tokens to help boost this feature. EAF boost will last for only 4 weeks!
With the EAF Boost feature, the earlier you get in, the greater the rewards! The more you stake, the greater the rewards! So make sure you have your INJ ready for the HDRO rush.
To be eligible, you just stake your INJ and mint your hINJ with Hydro, and you’ll be set.
After the four weeks and after TGE, the EAF will continue just as a Farming Feature. Although the boosted airdrops will cease, the farm will continue to give you extra rewards for a few months after TGE.
The community is required to get ready their INJ at least 3 weeks prior to the launch. You can purchase INJ on any Centralized Exchange like Binance,a Decentralized Exchange like Helix or by unstaking your staked amount for optimized liquidity, make sure you have some INJ at hand
Final phase: Token Genesis Event
The final stage is the genesis event of the HDRO token.

A Step-by-Step Guide to Farm Hydro Airdrop

Prepping for the Hydro Airdrop: Get Your INJ Ready!

To participate in the Hydro airdrop, you'll need to have your INJ (Injective's native token) ready.
The Hydro team recommends preparing your INJ at least 3 weeks prior to the launch. So, whether you're buying INJ on a CEX/DEX or unstaking your staked amount for optimized liquidity, make sure you have some INJ at hand!

The Hydro Airdrop Phases: A Triple Treat!

The Hydro airdrop is divided into three phases: Testnet, INJ Stakers, and Early Access Farming. Each phase has its own eligibility criteria and rewards, so let's break them down:

Phase 1: Testnet Airdrop

If you participated in the testnet campaigns back in the Fall of 2023, you're eligible for this airdrop. The airdrop amount will be determined by the leaderboard that was completed in Fall of 2023.

Phase 2: INJ Stakers on Injective Validators

If you have any amount of INJ staked onto an active validator within the Injective Ecosystem, you're in for a treat! The snapshot for eligible wallets was taken on 4 January 2024.

Phase 3: Early Access Farming

This is where things get really exciting! The Early Access Farming (EAF) is an early-access incentive for users who stake their INJ with Hydro once launched. The EAF boost will last for only 4 weeks, so make sure you have your INJ ready for the HDRO rush.

The Final Phase: Token Genesis Event (TGE)

The final stage is the genesis event of the HDRO token. The HDRO token will launch on Injective’s Mito Finance launchpad. More details on the sale and TGE will be provided at a later time.

Conclusion: Hydro Ninjas, Unite!

That's it, airdrop farmoors! As we gear up for the launch, here's what you need to prepare:

• Check your eligibility for the Airdrops
• Prepare your INJ for the EAF

Remember, the world of crypto is full of opportunities, but it also requires careful planning and strategic moves. So, stay informed, stay safe, and happy farming!