Using the Hydranet Dex: A Quick Guide

Here's a quick rundown on how to use Dex Channels with $HDN: 1. First, you need to rent a channel. This gives you inbound capacity, which means you can buy or receive coins. 2. Next, transfer your coins to the "off chains" known as lithium. This gives you outbound capacity, letting you sell or send coins. So, if you rent a channel that matches the amount you want to sell, you end up with a 50%/50% total channel capacity. This means you can’t receive more than you can send. It’s a good idea to slightly increase your rented channel to keep those renting costs manageable. Hope this makes sense. Give it a shot 👉 wallet.hydranet.ai/ ONLY TESTNET COINS.

What is this, a non-custodial wallet or a custodial wallet? Because nowadays, it's hard to just trust wallets easily, especially if you're new to the crypto space that we're a part of. Plus, this is the first time I've ever heard of this one. I haven't even heard of a name like this. When did it start, and does it already have users who can be said to have given their trust to using this wallet in the cryptocurrency business field?

Apparently, they claim that it is a noncustodial wallet but at the same time it a web wallet and I see no software wallet. Web wallets are not recommended at all. What is worse is that I don't think the wallet is open source. If anyone is planning to try it out, they should never deposit any real funds in there for now.