Hubble Protocol Price

Hubble Protocol represents an innovative decentralized borrowing and lending platform that allows users to deposit various assets to mint USDH. Users can secure a loan at an impressive 90.9% loan-to-value (LTV) ratio. One of the standout features of Hubble Protocol is its zero-interest borrowing structure. By only charging a minimal 0.5% minting fee for USDH, users can potentially borrow at no cost if their collateral is managed appropriately. The unique feature of “self-paying loans” allows deposited collateral to earn yield while sitting in the protocol, effectively offsetting costs and making borrowing more efficient for users.

At its core, Hubble Protocol seeks to create a seamless financial ecosystem that facilitates swift transactions, high scalability, and reduced costs, promoting a well-rounded DeFi experience.