Hubble $HBB

Hubble Protocol is an inventive DeFi (Decentralized Finance) protocol that operates on the Solana blockchain. The protocol introduces a unique model that allows its users to deposit multiple assets and mint USDH at a 90.9% loan-to-value (LTV) rate. It is designed to yield positive interest on collateral deposits, essentially enabling users to earn as they borrow.

Hubble Protocol's Key Features

Hubble Protocol provides liquidity in the Stability Pool and maintains the health of the system by encouraging users to participate in its in-house liquidations. Moreover, it enables users to hold and stake HBB, the protocol's native token.

Earning USDH Rewards with HBB

By holding and staking HBB, users can earn USDH rewards. This unique feature provides an additional income source for the users, enhancing the benefits of participating in the Hubble Protocol.

Participating in the Project's Governance

Another significant feature of the HBB token is its role in the project's governance. Although this feature is yet to be launched, once implemented, it will allow HBB holders to take part in important decision-making processes related to the Hubble Protocol, marking a crucial step towards democratizing and decentralizing the platform's operations.

Summary

In conclusion, Hubble Protocol provides a comprehensive DeFi solution with several unique features such as earning positive interest on collateral deposits, providing liquidity in the Stability Pool, and enabling users to gain from in-house liquidations. The additional benefits offered by the HBB token further enhance the appeal of this innovative DeFi protocol.