HIBACHI Points Program Launch: Leading the Future of Decentralized Trading, Hibachi Points Empowering the Community

Market Background: The Current Status and Challenges of Decentralized Exchanges

In recent years, with the rapid development of the cryptocurrency market, decentralized exchanges have gradually emerged as the preferred choice for an increasing number of crypto enthusiasts and professional traders. Compared to traditional centralized exchanges, decentralized exchanges offer higher transparency and security, allowing users to exchange assets directly without intermediaries. However, the widespread adoption of decentralized exchanges still faces many challenges, particularly in terms of trading speed, user experience, and on-chain processing efficiency.

Despite the advantages of trustlessness in decentralized exchanges, their trading speed is relatively slow, and during periods of high market volatility, many decentralized exchanges still experience issues with trade execution times and fees. These problems have led many traders and developers to question the use of DEX, affecting the further development of decentralized exchanges. Therefore, there is an urgent need for a decentralized trading platform that can provide a fast trading experience while maintaining trustlessness.

Against this market backdrop, the emergence of the Hibachi project aims to address many of the challenges faced by existing decentralized exchanges. Hibachi not only innovates deeply on a technical level but also significantly enhances community engagement through its unique incentive mechanism—Hibachi Points, injecting strong momentum into the platform's growth.

Hibachi: Defining the Core Concept of Provable Trading

Hibachi is not an ordinary decentralized exchange; it aims to break the bottlenecks of traditional DEX in trading speed and transparency. By combining technological innovation with incentive mechanisms, Hibachi redefines the standards of decentralized exchanges.

High-Speed Trading and On-Chain Transparency

In traditional decentralized exchanges, trading speed is often the biggest pain point. The decentralized trading method requires confirmation on the blockchain, leading to delays in the trading process. To overcome this challenge, Hibachi introduces off-chain order books and on-chain batch settlement technology, fundamentally improving trading efficiency.

Specifically, Hibachi adopts an off-chain order processing approach, using an off-chain order book to accelerate trade matching, while trade settlement is processed in batches on-chain using ZK (zero-knowledge) proof technology. By using this method, Hibachi can control trading delays to within 6 milliseconds, achieving trading speeds close to those of centralized exchanges while ensuring the transparency and security of on-chain data. This technological innovation allows Hibachi to enhance trading speed and efficiency while maintaining the essence of decentralized exchanges.

Security and Trustlessness

Security is one of the core issues in blockchain trading, especially in decentralized exchanges, where the security of user assets directly determines the sustainability of the platform. Hibachi ensures the platform's security through multiple security measures. The platform not only employs the most advanced encryption technologies but also collaborates with well-known security auditing firms to conduct comprehensive audits of smart contracts regularly. Through rigorous security testing and vulnerability remediation, Hibachi effectively reduces potential security risks, ensuring the safety of each transaction.

Additionally, Hibachi guarantees data transparency and trustlessness through ZK Proofs (zero-knowledge proofs). During the execution of transactions, all transaction data is verified and proven, ensuring that every flow of funds in the platform's operations is transparent.

Hibachi Points: An Incentive Mechanism to Drive Community and Platform Growth

As a decentralized platform, Hibachi understands the importance of community participation and support for project development. To encourage more users to engage in the platform's construction, Hibachi has launched Hibachi Points, an innovative points reward mechanism aimed at promoting platform growth through community involvement.

The Role of Hibachi Points

Hibachi Points is a reward mechanism introduced by the Hibachi platform to quantify user participation and reward users for activities such as trading, interacting, and content creation on the platform. Every active user's actions can earn points, which not only enhance user engagement but also translate into driving force for platform development.
Specifically, the role of Hibachi Points is reflected in the following aspects:

• Quantifying User Participation: By quantifying each user's trading and activities, the platform can accurately identify active users and reward them with corresponding points based on their contributions.
• Community Participation Incentives: Users can earn points not only through trading but also by sharing platform content, participating in community discussions, and more. This diversified incentive approach helps enhance community engagement and user retention.
• Driving Platform Development: Points are not just a way to reward users; they can also become a source of driving force for platform development. Through the points mechanism, the platform can motivate users to promote and develop the platform, creating a virtuous cycle.

How to Earn Hibachi Points?

Earning Hibachi Points is very simple; any activity on the platform can potentially earn users points. This includes but is not limited to the following methods:

• Trading and Interaction: Each trade, strategy execution, and interaction with other users will earn points. Whether you are a first-time user or an experienced trader, you can accumulate points through active participation.
• Early User Rewards: For early participants in the Hibachi platform, the platform has already taken snapshots, and early active users will receive special rewards.
• Referral Rewards: Users can earn more points by inviting friends to join the platform. The more friends you refer, the more points you will earn, and the platform's growth will directly reflect in each user's rewards.

Distribution and Collection of Points

The distribution of Hibachi Points is very straightforward; every Sunday at UTC 00:00, the platform will automatically distribute points. Users do not need to manually claim them; they just need to log in to the platform to check their points balance. If lucky, the points may already be waiting in your account for collection.

This mechanism reduces the steps users need to take, making the distribution of point rewards more efficient. Through automatic distribution, the platform ensures the timeliness and fairness of rewards while also enhancing user engagement and activity.

Official Launch of the Hibachi Points Program

Hibachi will officially announce its Hibachi Points program on March 3rd at 10 AM Eastern Time (March 3rd at 11 PM Singapore Time), which will bring more reward opportunities to users and further promote the joint development of the platform and community. Users can start earning points simply by participating in activities on the platform. This incentive mechanism will not only increase user retention but also promote the healthy development of the community.

Conclusion: Hibachi Leading the Future of Decentralized Trading

With the continuous advancement of decentralized exchange technology and the increasing market demand, decentralized platforms like Hibachi, which integrate high-speed trading, on-chain transparency, and community incentives, are gradually becoming the mainstream of future decentralized trading. Through the combination of technological innovation and points reward mechanisms, Hibachi will continuously drive the platform's development and inject new momentum into the global decentralized trading ecosystem.

Whether you are an experienced trader or a newcomer to the crypto world, Hibachi offers you a platform rich in incentive mechanisms and superior trading experiences. Here, you can not only enjoy fast trading but also actively participate in platform construction through Hibachi Points and reap more rewards.

Join us, start earning Hibachi Points, and embrace the new era of decentralized trading with Hibachi.