Hubble Protocol (HBB, USDH) ICO Dettagli e Informazioni Finanziarie

Hubble Protocol was founded by ex Bloomberg LP Sr. software engineer Marius Ciubotariu, in August 2021 after Marius had participated in the Solana Season Hackathon and had discovered the opportunities that lie with Solana and DeFi services.

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 loan’s ratio collateral ratio falls below 110% and those assets are used to repay the loan.
In the next phases of Hubble’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.