BlockBeats News, August 24th, the perpetual contract protocol HertzFlow, supported by YZi Labs, announced the official launch of its mainnet. Users can trade, provide liquidity (LP), invite friends, and earn Merit points.

Earlier, the Genesis Vault pre-deposit event was completed, and early participants (Genesis early birds) were allocated 230,000 WLFI tokens. The project has now additionally allocated 390,000 WLFI liquidity rewards to the USD1 Vault, and the event will continue until August 31st, with no limit and open to all users. Users who meet the requirements (have participated in the pre-deposit or have been active on the testnet) can directly enter the mainnet, while new users need an invitation code. Currently supporting BTC, ETH, and BNB trading pairs, with more markets to be added in the future.

According to the introduction, HertzFlow aims to create a permissionless leveraged trading market backed by oracles and further activate on-chain liquidity on the BNB Chain through composable DeFi strategies, transforming more on-chain assets into liquid assets that can sustainably generate yield.