Flex Yang, founder of the distributed stablecoin HOPE, attended the "Over the Moon—Chasing Waves Web3" summit and shared the theme of "Hong Kong's New Future, the Hope and Brightness of Web3". Flex Yang believes that Hong Kong embraces Web3 and introduces encryption regulatory policies, which will become a gathering place for a new wave. Hong Kong has sufficient advantages and experience in capital and stablecoin regulation. In addition, Flex Yang stated that the goal of HOPE is to become a distributed stable currency, focusing on unhindered, open, transparent, and new experiences. Distributed is reflected in three aspects: distributed reserve, distributed distribution system and multi-chain system. Flex also announced that HopeSwap, the trading protocol of the HOPE ecosystem, and other applications including DAO will be launched on Pig King on April 19. In the future, the lending agreement HopeLend, the on-chain custody and settlement agreement HopeConnect, etc. will be launched.