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Hubble Protocol

Hubble Protocol

Hubble Protocol is a DeFi protocol built on Solana.

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All edits by  Ignat Levron 

Edits on 10 Jun, 2022
Ignat Levron profile picture
Ignat Levron
edited on 10 Jun, 2022
Edits made to:
Infobox (+22 properties)
Description (+100 characters)
Article (+1269 characters)
Categories (+7 topics)
Related Topics (+6 topics)
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Hubble Protocol

Hubbles native token, HBB, is backed by tokenomics designed to capture value for our DeFi community.

Article

Zero-cost Possibilities

Hubble lets users borrow USDH for a one-time 0.5% fee. No variable rates. No interest charged, ever. With the interest yield on deposits, your collateral value can grow to negate fees.

Multi-Asset Collateral

Deposit a variety of assets on Hubble, raise your collateral ratio, and unlock the liquidity in your wallet.

Get Yield on Deposits

While your collateral is deposited, delegate it to earn the highest yield available in the Solana ecosystem.

Get up to 11x Leverage

Hubble’s capital-efficient 110% collateral ratio lets users leverage up to 11x on their deposits.

Mint USDH

Our native stablecoin maintains its peg via open source arbitrage and redemption bots along with deep protocol-owned liquidity.

Governance

Hubble will operate as a Decentralized Autonomous Organization (DAO) with a community-supported governance model. HBB holders lead the way.

Fee-Sharing

Hubble rewards users who stake HBB with 85% of the revenue generated from fees accrued by the platform.

Liquidation Gains

Liquidations are democratized so anyone can generate revenue for themselves through maintaining the health of Hubble by depositing USDH in our Stability Pool.

HBB Emissions

When staking USDH in the Stability Pool, you will earn HBB as reward on top of liquidation gains.

Infobox
Block explorer URL
https://explorer.solana.com/address/HBB111SCo9jkCejsZfz8Ec8nH7T6THF8KEKSnvwT6XK6
Circulating supply
11,606,169.66
Company Operating Status
Active
Cryptocurrency symbol
HBB
Discord URL
http://discord.gg/hubbleprotocol
ICO amount raised
750,000
Industry
Cryptocurrency
Cryptocurrency
Blockchain
Blockchain
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Decentralized Finance
Decentralized Finance
ICO date
January 18, 2022
Maximum supply
100,000,000
Source code
https://solscan.io/account/HBB111SCo9jkCejsZfz8Ec8nH7T6THF8KEKSnvwT6XK6
Exchange
HTX
HTX
KuCoin Exchange
KuCoin Exchange
Orca
Orca
Raydium
Raydium
CoinEx
CoinEx
Telegram URL
http://t.me/hubbleprotocol
Ticker symbol
HBB
Total supply
100,000,000
Whitepaper
https://hubble-markets.gitbook.io/hubble-protocol-official-docs/
"Created via: Web app"
Ignat Levron profile picture
Ignat Levron
created this topic on 10 Jun, 2022
Edits made to:
Infobox (+2 properties)
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 Hubble Protocol

Hubble Protocol is a DeFi protocol built on Solana.

Infobox
Is a
Cryptocurrency
Cryptocurrency
Website URL
https://hubbleprotocol.io/

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