Hubble Protocol

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Hubble Protocol Details

Hubble is building sustainable DeFi services on Solana guided by a project lead with eight years of experience working in FinTech writing code for Bloomberg LP in London. Our first phase begins with the introduction of a multi-asset zero-interest borrowing service that mints the stablecoin USDH for a one-time fee of 0.5% while yielding interest of up to 7% on SOL and other cryptos. In Phase 2 and 3 of the protocol, Hubble will introduce DeFi structured products and uncollateralized lending during 2022. Hubble has committed to becoming a premier fee-sharing DeFi protocol that distributes the vast majority of fees to users who stake HBB and USDH. Users who stake HBB will be rewarded their fair portion of fees in USDH, and those who stake USDH in Hubble's stability pool will receive 95.5% of liquidated assets from unhealthy borrows with 0.5% going to users who trigger liquidations on our open platform.

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