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Press Room
Hatom Labs incorporates the most valuable DeFi initiatives that fit into the Hatom ecosystem and its mission of bringing the most secure and convenient services and features to the DeFi sector.
The initial protocol of Hatom Labs is Hatom Protocol, a decentralized lending protocol built on the MultiversX Blockchain. It is a complete Money market ecosystem that allows users to lend, borrow and stake their crypto assets at competitive interest rates. This protocol allows Depositors to earn a passive income by providing liquidity to the market, while borrowers can borrow in an over-collateralized manner. The protocol offers the foundation of the Hatom Ecosystem, and the introduction of Soul and Treasury will further empower it and consolidate its position as a DeFi-hub that provides the foundation for numerous products and services.
Soul is the first cross-chain lending protocol based on ZK technology; allowing users to seamlessly pledge assets in one blockchain as collateral to take loans on another blockchain. This represents a significant breakthrough in the evolution of DeFi lending, as Soul stands as the first protocol to offer this level of cross-chain functionality.
Hatom Treasury is a service where users can earn interest on their fiat currency deposits without having to deal with the intricacies of crypto technology. It is part of Hatom's larger mission to integrate DeFi and make it accessible to the masses. The Hatom treasury also contributes to the increase in the volume of the Hatom protocol by providing institutional funds and private capital.
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