Calling All Arbitrageurs! The Hummus Exchange has lowered the fees on the main stablecoin pool to 0.01% to encourage improved balance across the main pool. We are also lowering the fees on the alt pool (MAI/USDC) to 0.04%. With lower fees, arbitrageurs and yield farmers are much better incentivized to…

The ‘D’ in ‘Decentralized’ The Hummus Exchange is an Automated Market-Maker (AMM) built exclusively for swapping stablecoins on the Metis Andromeda network with extremely low slippage and minimal fees. The protocol’s design allows for the pools to not only interact with each other but also to be flexible and grow…

METIS for the veHUM Faithful Incoming! 🪂 The METIS airdrop is underway! As foretold in our earlier article about the new fee distribution structure, we’re beyond excited to announce our first airdrop of 155.6 METIS tokens (current value of $3875 USD) to veHUM hodlers! This airdrop represents the first major fee distribution…

The Start of Something Beautiful. On Wednesday, 7 September 2022, the Hummus team migrated the HUM-METIS liquidity to the Hermes Omnichain. Essentially, this means that these HUM and METIS tokens (and therefore their value) moved onto the Hermes protocol to buttress a new liquidity pool (LP) for traders to utilize. …

HUM-METIS Moves to Hermes Omnichain TL;DR Hummus Exchange moved the entirety of its HUM-METIS liquidity pool, currently on Netswap, to the Hermes Omnichain protocol on Wednesday, 7 September. Users do not need to take any action. Yield (rewards) in the new Hermes pool will be higher, and initially paid in…

Episode Three of this educational series, Meet the Stablecoins, introduces users to the third largest stablecoin by market capitalization — BUSD. The Hummus Exchange is an Automated Market-Maker (AMM) built exclusively for swapping stablecoins on the Metis Andromeda network with extremely low slippage and minimal fees. The protocol’s design allows…

Yes! It’s live! RIGHT NOW! Stop reading and go get some hummus! Okay, you want a little more information? Totally get it! We’re just excited 😄 Here’s the TL;DR… Beginning today, fees from swaps now go to veHUM holders (generated by staking HUM tokens) and the coverage ratio, including LP holders (stablecoin stakers)…

Boosting Your UX, and Your Yield TL;DR Hummus Exchange will deploy more than $2 million in METIS token rewards over the next several months thanks to the incredible support of the MetisDAO and its Metis Marathon. Deposit stablecoins and stake HUM tokens to boost your yield by generating veHUM over…

The largest stableswap AMM on Metis gets with the program! The Hummus Exchange team is thrilled to announce that Hummus is joining the Metis Marathon with over $2 million in Metis incentives for our growing community! Hummus is joining the Metis Marathon as the leading Automated Market-Maker (AMM) on the…