Relocation of Hot’n Cold Finance to Arbitrum Network

Hot’n Cold Finance, a decentralized exchange (DEX) platform and DeFi tooling, today announce our decision to relocate Hot’n Cold Finance from the Juno Network to the Arbitrum Network. This strategic move is driven by Hot’n Cold Finance’s concerns regarding the future trajectory of the Juno Network and aims to ensure the continued growth and success of the Hot’n Cold Finance.

While this relocation does not imply the closure of the project in the Juno Network, it signifies Hot’n Cold Finance’s decision to halt any new developments on the Juno Network. We want to clarify that it does not signify the closure of our operations in the Juno Network. The existing services and functionalities will remain intact, and users will continue to benefit from the Hot’n Cold Finance’s current status without interruption. However, our focus will now be directed towards leveraging the robust infrastructure and opportunities provided by the Arbitrum Network and connecting Arbitrum to Cosmos.

The decision to move the Hot’n Cold Finance to the Arbitrum Network was carefully considered and stems from our commitment to providing our users with the most efficient, secure, and scalable decentralized trading experience possible. After a thorough evaluation of the technological advancements and community support in the Arbitrum Network, We are confident that this transition will yield substantial benefits for all stakeholders involved.

Arbitrum, a prominent Layer 2 scaling solution built on Ethereum, offers numerous advantages for decentralized applications (dApps). With its high throughput, low transaction costs, and compatibility with the Ethereum ecosystem, Arbitrum presents an ideal environment for the growth and development of the Hot’n Cold Finance.

Hot’n Cold Finance acknowledges and appreciates the support it has received from the Juno Network and its community thus far. The decision to relocate Hot’n Cold Finance is solely based on our vision and long-term strategic goals. Hot’n Cold Finance remains committed to fostering collaboration and innovation within the blockchain community and will continue to explore partnerships and avenues that align with its mission.

Moving forward, Hot’n Cold Finance is excited to embark on this new chapter in its journey, confident that the Arbitrum Network will provide an optimal platform for enhancing the Hot’n Cold Finance’s capabilities, user experience, and market reach. We would like to express its gratitude to our dedicated community, partners, and supporters for their ongoing trust and encouragement.

Note: Our team is actively working on the migration process, ensuring a seamless transition for our users. We will provide detailed instructions and support to facilitate the movement of assets and ensure minimal disruption during this transition period.

Note: This announcement is for informational purposes only and does not constitute financial or investment advice.