Hubble: Solana DeFi protocol for borrowing and earning yield.
Hubble is a Solana DeFi protocol offering USDH loans with yield, a Stability Pool for bad debt, and HBB governance token staking for fees.
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What is Hubble Protocol (HBB)?
Hubble is a DeFi protocol on Solana that shares fees with its users. It starts with borrowing and USDH minting, allowing users to deposit assets like SOL, BTC, and ETH to borrow USDH with up to 90.9% Loan-to-Value, while also earning yield on their deposits. A Stability Pool, funded by USDH depositors, ensures loan security. These depositors earn HBB, Hubble's governance token, for helping pay off bad loans. HBB holders can stake their tokens to earn 85% of the protocol's revenue, initially generated from minting and redeeming USDH. In the future, HBB will be used for governance as Hubble transitions into a DAO, and additional revenue streams will be added for HBB stakers.
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Hubble Protocol price live information
As of now, Hubble Protocol is trading at 0.007916 USD, with a 24-hour trading volume of approximately 0 USD. The HBB to USD price is updated in real time. Over the past 24 hours, Hubble Protocol has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 540.34K USD. Currently, there are 68 261 779 HBB in circulation out of a maximum supply of 100 000 000 HBB.
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