Hatom $HTM

Hatom, a multifaceted ecosystem dedicated to promoting DeFi on MultiversX, provides a variety of innovative products aimed at transforming the DeFi landscape. The ecosystem, which includes a lending and borrowing protocol, liquid staking, a native stablecoin, and lending as a service, emphasizes secure, transparent, and user-friendly interactions with DeFi services. Moreover, Hatom's ecosystem also prioritizes scalability and security within the MultiversX blockchain.

Lending and Borrowing Protocol

An integral aspect of the Hatom ecosystem is its lending and borrowing protocol. This protocol offers a robust solution for managing both excess liquidity and demand for liquidity, which are crucial for the successful operation of DeFi systems. By deploying this lending and borrowing protocol on MultiversX, Hatom allows users to access collateralized on-chain loans through a straightforward interface, enabling access to liquid capital without necessitating the sale of positions. This all-encompassing money market ecosystem further bolsters security and convenience with a self-service application that supports a multitude of digital assets.

Liquid Staking

Another standout feature of the Hatom ecosystem is its Liquid Staking module. This innovative solution provides additional benefits beyond typical staking, permitting access to liquidity for staked collateral. This feature is expected to draw in more participants to the MultiversX PoS economy, ultimately leading to an increase in the value locked in the network, and heightened security and stability. Instead of conventional staking methods, users can engage smart contracts linked to Hatom’s network of node operators to deposit funds. In return, they receive sEGLD tokens that are proportional to the amount of EGLD staked. These sEGLD tokens, pegged to EGLD, appreciate in value according to staking rewards and can be redeemed for EGLD whenever the user desires, without the standard unbonding (locking) period.