Hatom is establishing a comprehensive ecosystem to nurture DeFi on MultiversX. This Ecosystem comprises an array of products strategically designed to shape the DeFi landscape. These offerings include a lending and borrowing protocol, liquid staking, a native stablecoin, and lending as a service, among other ventures.
Essential information for their token is available on the MEXC Digital asset introduction page. Furthermore, we are listing (HTM/USDT – Trade it here) on the Innovation Zone! Check it out now!
What Does Hatom Do?
Hatom plays a vital role as MultiversX’s first liquidity protocol. It aims to invigorate the DeFi landscape through a diverse array of innovative products. Furthermore, they are fostering liquidity organically and sustainably. In return, it will reduce reliance on short-term incentives or liquidity mining schemes.
The foundation of Hatom’s ecosystem is built on a robust and non-custodial Lending Protocol. This serves as the core of their offerings. To ensure the protocol’s safety and stability, essential infrastructure modules such as an indexer, price oracle, and guardian have been meticulously developed.
In addition to the Lending Protocol, Hatom has successfully introduced a comprehensive Liquid Staking protocol. To complement these initiatives, they are introducing “USH,” an Over-collateralized Stablecoin minted through their Lending Protocol, making it the first native Stablecoin within the MultiversX Network.
Importantly, Hatom’s protocols are not mere copies. They are original solutions created from scratch, tailor-made to meet the specific needs of their ecosystem and the broader DeFi landscape. Each protocol has undergone rigorous audits to ensure security and robustness, further affirming its commitment to pioneering and reliable solutions in the decentralized finance space.
What is the Hatom Lending Protocol?
Hatom Lending Protocol is a decentralized lending and borrowing platform that operates within the MultiversX Network. Its innovative approach utilizes algorithmic methods to facilitate seamless transactions among market participants.
Liquidity providers, also known as suppliers, contribute assets to the market and, in return, earn interest on their deposits. At the same time, borrowers can obtain loans through a collateralized model, ensuring secure transactions and minimizing risks.
Hatom Liquid Staking
Hatom Liquid Staking introduces a groundbreaking module that enables users to stake their EGLD without locking up its value. Through this module, users can delegate their EGLD to Hatom’s whitelisted validators. This ensures the Network’s security while receiving a reward-bearing token known as Staked EGLD (sEGLD). This sEGLD can be utilized within various decentralized finance applications, including Automated Market Makers (AMMs), Lending Protocols, and NFT Marketplaces.
The beauty of Hatom Liquid Staking lies in its ability to allow users to earn interest from staking EGLD with validators while simultaneously having sEGLD tokens available for use in the Hatom Lending Protocol. This means that users no longer need to choose between delegating their EGLD to validators or supplying them to the Hatom Lending Protocol – they can do both and combine the rewards.
Where to buy HTM Token
You can find HTM Tokens here at MEXC! We are listing HTM/USDT in our Innovation Zone!
What is the Price of HTM Tokens?
The HTM token is currently trading at MEXC with a live price of $0.422. It has a fully diluted market cap of $42,201,722. It also has a 24-hour trading volume of $210,579. You can check the live price of their token right here!
How to buy HTM Tokens on MEXC
You can buy HTM Tokens on MEXC by following the steps:
- Log in to your MEXC account and click [Trade]. Click on [Spot].
- Search “HTM” using the search bar to see the available trading pairs. Take HTM/USDT as an example.
- Scroll down and go to the [Spot] box. Enter the amount of HTM you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy HTM] to confirm your order. You will find the purchased HTM in your Spot Wallet.
You can find a detailed guide on how to buy HTM Tokens here.
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Meanwhile, check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!
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