Hubble Protocol

1/ Today, we are announcing our vision for Hubble 2.0 Hubble will be a fully autonomous, fully immutable CDP stablecoin protocol, with a wide range of collateral assets, automated $HBB buy-backs, more robust peg mechanisms, & more Here is an early look: @hubbleprotocol/introducing-hubble-protocol-2-0-4df8d2c942b2" target="_blank" rel="nofollow noopener">medium.com/@hubbleprotoco…

Due to increased demand, and to maintain the peg alongside current stablecoin rates, the $USDH Stability Fee has been raised from 10% to 12.5%

USDH is live with 5x points

@KaminoFinance Boom

$KMNO Kamino Points Season 1 snapshot will be taken on March 31st, and will culminate in the Genesis Distribution of $KMNO in April $KMNO Genesis is an important step in establishing the decentralized governance of Kamino Finance🧵

Due to increased demand, and to maintain the peg alongside current stablecoin rates, the $USDH Stability Fee has been raised from 7.5% to 10%

Due to increased demand, and to maintain the peg alongside current stablecoin rates, the $USDH Stability Fee has been raised from 5% to 7.5%

10/ This is our initial vision for Hubble 2.0. We want as much input from as many contributors in our ecosystem as possible. A truly decentralized, autonomous CDP protocol is a core primitive for any DeFi ecosystem - we want your help in building it: bit.ly/HubbleDiscord

9/ So, what happens to $HBB? Besides being used to bid on the bi-weekly fee pot via Dutch auction, $HBB holders will be able to vote on: - $HBB grants for builders building on Hubble 2.0 / with $USDH - $HBB gauges for allocations to $USDH products across Solana DeFi

1/ Today, we are announcing our vision for Hubble 2.0 Hubble will be a fully autonomous, fully immutable CDP stablecoin protocol, with a wide range of collateral assets, automated $HBB buy-backs, more robust peg mechanisms, & more Here is an early look: @hubbleprotocol/introducing-hubble-protocol-2-0-4df8d2c942b2" target="_blank" rel="nofollow noopener">medium.com/@hubbleprotoco…

Due to increased demand, and to maintain the peg alongside current stablecoin rates, the $USDH Stability Fee has been raised from 2.5% to 5%

The first stage of Hubble 2.0 plans will be revealed this week - introducing brand new mechanics behind $USDH Keep your eyes peeled and join the Discord for alpha: bit.ly/HubbleDiscord

$USDH is issued by @HubbleProtocol. It’s minted organically when users don’t want to sell their crypto and want to maintain exposure to the market. #HODL crypto ➡️ Borrow $USDH 2/

At launch, max-LTV was 90.9% for all Hubble loans However, if System LTV ever went >66.6% = Recovery Mode activated This meant: - USDH always had at least 150% crypto-backing - There was $1.50 for every USDH It also meant: - Users with LTVs >66.6% could get liquidated [2/10]