Hatom Labs Profile picture
Nov 4, 2022 11 tweets 4 min read Read on X
Following the announcement on stage, Hatom is indeed the first xLaunchpad Project.

DeFi has just begun, and it's coming strong!
The #XDayParis was the most appropriate moment to mark its debut.

So this year, here is what you should expect from us: Image
The most complete, non-custodial, over-collateralized lending protocol aimed to bring DeFi to new heights.

It will open numerous possibilities for both users and builders. Image
A Staking Module that will provide the "HTM" token with tremendous value and utility.

50% of the revenue generated by the protocol from the interest paid by borrowers and from liquidations will be redistributed to "HTM" token stakers. Image
A Safety Module that will act as an additional security layer to the protocol.

It will also increase the liquidity in the protocol and help incentivize all the money markets. Image
HatomUSD, or USH, an over-collateralized decentralized stablecoin and the first stablecoin native to the Elrond Blockchain.

HatomUSD will bootstrap the liquidity of the protocol along with the liquidity of all the established tokens of the Elrond ecosystem. Image
Liquid Staking, a much-needed feature designed to give users access to the value of their staked EGLD.

EGLD stakers will receive sEGLD, an interest-bearing token pegged to EGLD, that they use on our leading protocol, or on other DeFi applications. Image
Introducing Hatom Mush, the concept of Isolated Lending Protocols to the Elrond Blockchain, and making it possible for other entities to create their own customized Lending Protocol in an effortless and simplified manner. Image
And finally, Syfy, a project that will use novel and innovative methods to boost HatomUSD, and double, if not more, the liquidity and revenue of the whole Hatom Ecosystem. Image
After completing the battle of yields and the token generation event, we will start by releasing on the mainnet, an initial version of our Lending Protocol, Governance, and Staking Module.

It will be followed by the release of the Safety Module after a couple of weeks.
Afterward, we will launch HatomUSD along with Liquid Staking.

And lastly, we will introduce Hatom Mush and Syfy.

You can find more information in our docs section:
docs.hatom.com/hatom/learn-mo…
We wanted to thank every single person who participated in making the beginning of this journey a success. 🎉

We are glad to be building in this amazing Blockchain with such a strong and welded community. ⚡️

• • •

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

Keep Current with Hatom Labs

Hatom Labs 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 @HatomProtocol

Feb 14, 2023
Protocol's Update #4 🚨

We are delighted to announce the addition of new Money Markets on Devnet: $BUSD, $USDT, $UTK, and our native token, $HTM. ✨ (1/23) Image
Integrating unified assets enables users to create complex routes between the @HatomProtocol, @ash_swap, and @xExchangeApp, allowing DeFi traders to experiment with various strategies and gain a more realistic understanding of the Mainnet's capabilities. 🦾 (2/23)
Ready! for a Proof-of-Work Reward Competition?

10 skilled DeFi traders will be selected and recognized for their expertise in executing various DeFi strategies. Each selected participant will receive a reward of $200 in USDT. 🥳 (3/23) Image
Read 23 tweets
Jan 6, 2023
🚨 New Update on #Hatom Lending App 🚨

After three months of work, we are pleased to announce the release of a new app version powered by our indexing service.
This critical infrastructure significantly improves the performance of the Protocol. (1/8)
We are excited to bring this enhanced experience to our users.

It includes:
✅ Deployment of our own observing nodes.
✅ An events listener that forwards them to a RabbitMQ instance (special thanks to the MultiversX team!) (2/8)
✅ An Events digester that processes or indexes incoming event data and stores it in a queryable database.
✅ An Elasticseach instance that holds historical events which can be used in our Re-indexer algorithm.
(3/8)
Read 8 tweets
Dec 30, 2022
@AncientHodler_ @Davyegld @CKenolol @beniaminmincu @DemiourgosH Could you please provide more information or clarification on the following points?
* Liquid staking is a critical topic for the ecosystem that requires careful coordination and transparency with all the relevant parties (including the MultiversX team). (1/6)
@AncientHodler_ @Davyegld @CKenolol @beniaminmincu @DemiourgosH * A structure that serves the interests of only one node at the expense of others is not viable. * Is the project publicly available on GitHub for code review?
* It appears that there are no SC audits, formal verification, devsecops, or pen-testing reports available (2/6)
@AncientHodler_ @Davyegld @CKenolol @beniaminmincu @DemiourgosH This should already be public since you release a mainnet version.
* Liquid staking providers should not run their own nodes or re-route liquidity to a single firm, as it would centralize the blockchain and govern it by a single node. (3/6)
Read 6 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!

:(