About Hubble Protocol
Hubble: Democratizing DeFi on Solana Borrow against SOL, BTC, ETH, etc. for zero-interest: 110% Collateral ratio Earn 7% on deposits Mint USDH: One-time 0.5% fee Users earn: 99%+ fees, distributed in USDH 100% from liquidations POS yields Hubble is a fee-sharing decentralized finance (DeFi) protocol built on Solana that will offer multiple DeFi services as the protocol and DeFi continue to mature and expand. Hubble begins its DeFi journey in Phase 1 by offering zero-interest loans that can be collateralized by multiple assets including SOL, BTC, ETH, RAY, SRM, and FTT with other options for collateral deposits added as they are approved in the future. Borrowers can increase the capital efficiency of their deposits by withdrawing our stablecoin, USDH, against their collateral so long as they maintain a collateral ratio above 110%. These loans are further guaranteed through a stability pool of USDH deposits made by guarantors who share the difference in liquidated collateral assets when a loan’s ratio collateral ratio falls below 110% and those assets are used to repay the loan.