DeFi protocol built on Solana
Hubble Protocol is supercharging liquidity on Solana.
Hubble is a fee-sharing decentralized finance (DeFi) protocol built on Solana. Hubble will offer multiple DeFi services as the protocol and DeFi continue to mature and expand.
Hubble begins its DeFi journey in Phase 1 with a focus on borrowing and minting USDH. Users can deposit multiple kinds of crypto assets like SOL, BTC, ETH, and others to borrow up to 90.9% LTV in USDH. While borrowing, users can earn yield on their deposits.
These borrows are guaranteed through a Stability Pool of USDH deposits made by Stability Pool providers who pay off bad loans and earn the ~10% difference in liquidated assets. In addition, users who deposit USDH in the Stability Pool earn HBB, Hubble's governance token.
HBB stakers earn 85% of the protocol's fees.
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. DeFi is a relatively new financial system, and, as DeFi continues to grow, Hubble seeks to adapt with the changing market and provide the products that will make DeFi a source of financial services for the whole world.