๐ŸŽฏ Description

Hubble is a fee-sharing decentralized finance (DeFi) protocol built on Solana that will offer multiple DeFi services as the protocol and DeFi continue to mature and expand. Hubble begins its DeFi journey in Phase 1 by offering zero-interest loans that can be collateralized by multiple assets including SOL, BTC, ETH, RAY, SRM, and FTT with other options for collateral deposits added as they are approved in the future. Borrowers can increase the capital efficiency of their deposits by withdrawing our stablecoin, USDH, against their collateral so long as they maintain a collateral ratio above 110%. These loans are further guaranteed through a stability pool of USDH deposits made by guarantors who share the difference in liquidated collateral assets when a loanโ€™s ratio collateral ratio falls below 110% and those assets are used to repay the loan. In the next phases of Hubbleโ€™s planned roadmap, we will launch additional services to increase the utility of our platform. In Phase 2, Hubble will launch structured products, and in Phase 3 we will begin offering undercollateralized loans.

๐Ÿ“… Launch Time (UTC)

23rd January 2:00PM

๐Ÿ›  Network

Solana

๐Ÿงฉ Sector

DeFi, Exchanges, Cryptocurrencies?

โ€ผ๏ธ Sale Details

  • Exchange: Solrarz
  • Token price: 1.00$
  • Whitelist
  • Token type: SPL Token

๐Ÿ”— Social Links

Website
Twitter
Discord

Hubble has Supercharging Liquidity on Solana and USDH - Censorship Resistant Stablecoin

12 days later

A nice tool if you need quick usdc with no fees + u get hbb as rewards for staking!

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