Charles Profile picture
May 30 5 tweets 3 min read
Good morning frens!
So before we continue with today's educative thread on @HatomProtocol , here's a correction to take note of prior to this thread: Hatom protocol is SEEKING to be audited by these platforms and has not yet been fully audited.

#ElrondNetwork #HatomArmy
With @HatomProtocol you can LEND and BORROW $EGLD $MEX $USDC and also $RIDE
Borrowing & Lending:
Hatom enables users to supply and borrow crypto assets with collateral through decentralized lending pools. Suppliers receive an equivalent amount of their deposit in hTokens (HatomTokens)which is the protocol issued token that gathers the interest generated
Also, borrowers have to deposit a collateral in order to be able to take a loan. The collateral secures the loan and plays the role of a risk mitigation tool against default. Crypto assets are at the core of Hatom's decentralized lending operations.

#HatomArmy #Hatom #Elrond

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Charles

Charles Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @iam_Charloski

May 29
Hey guys!
What have you been doing in this bear market?

Welcome to @HatomProtocol a decentralized platform for lending and borrowing digital assets on the Elrond blockchain.
@HatomProtocol is the most protected lending and borrowing platform in the market and its smart contract was fully audited by the following platforms,
-Open Zeppelin
-Trial of Bits
-Certora
Hatom protocol has a bug bounty of $150k so as to protect investors capital.
Gauntlet a risk management platform will construct a simulation-based market and stress-testing platform to evaluate the economics security of the Hatom protocol as it scales supported assets and volume.
Read 4 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(