Why Hubble Protocol Is The Hottest IDO On The Market This January

Decentralized finance (DeFi) on Solana has been growing at a massive rate. One project to look out for, Hubble Protocol, will be making a huge addition to the DeFi offerings on Solana when it launches a stablecoin borrowing platform (being called “the MakerDAO of Solana”) on Mainnet Beta this January 28th, 2022. Before the launch of Hubble’s stablecoin, USDH, the protocol will hold three separate HBB token launches on three different launchpads: SolRazr (link), Solanium (link), and DAO Maker (link). There are a ton of reasons why Hubble’s IDO will be the hottest IDO in January–one that shouldn’t be missed. Here’s why anyone serious about DeFi should mark their calendars and think about getting their hands on some HBB. Users Can Earn Hubble Protocol’s Fees By Staking $HBB Hubble is a fee-sharing DeFi protocol. This means that it collects fees for its services and distributes the majority of this revenue to the Hubble community. The method for receiving a share of Hubble’s revenue is straightforward: stake HBB, and the protocol’s smart contract automatically divides the collected fees among users. Right now, 85% of all revenue from minting USDH (a one-time 0.5% fee) will go to users who stake HBB. As Hubble increases, the number of services it offers, the amount of fees collected by the protocol will increase, and users who stake HBB will benefit from this as well. When the protocol goes live on January 28th, it will be possible...