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What is USDH?

Hubble Protocol's USDH is backed at least 150% by a basket of decentralized crypto assets including SOL, mSOL, BTC, ETH, RAY, SRM, and FTT.

Full description of USDH

Hubble Protocol's USDH is backed at least 150% by a basket of Decentralized ^(?) Crypto ^(?) assets including SOL, mSOL, BTC, ETH, RAY, SRM, and FTT. Additional tokens will be whitelisted for borrowing in the future after passing a rigorous vetting process. USDH is a Solana-native SPL Token ^(?) that can be used for anything stablecoins are used for in DeFi: pairing for liquidity on AMMs, bonding for tokens, or held as a store of value. Users can deposit USDH in Hubble's Stability Pool to earn a share of liquidations during market downturns. By helping cover bad debt and keeping the system healthy, Stability Pool providers gain access to bluechip tokens at a steep discount through liquidations

• Official website
• Official whitepaper

• Exchange symbol ^(?): USDH
• Cryptocurrency type ^(?): Token ^(?)

USDH for developers

• Block explorer ^(?): https://solscan.io/token/USDH1SM1ojwWUga67PGrgFWUHibbjqMvuMaDkRJTgkX
• gitHub:

USDH social sites

• Telegram: https://t.me/hubbleprotocol
• Discord: https://discord.com/invite/hubbleprotocol
• Twitter: https://twitter.com/HubbleProtocol

 Source: NOMICS

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