Bonzo Finance is an open-source, non-custodial lending and borrowing protocol built on the Hedera network. It is a fork of the popular Aave v2 protocol and is designed to serve as "The Liquidity Layer" for the Hedera DeFi ecosystem.

The core of Bonzo Finance's service is its decentralized platform that allows users to lend and borrow a variety of cryptocurrencies, with a focus on HBAR, native USDC, and other Hedera ecosystem assets. Users supply crypto to the protocol to earn interest, provide liquidity, and as collateral for loans. 

Bonzo Finance also offers "flash loans," which are uncollateralized loans that must be repaid within a single transaction. It has its own governance token, $BONZO.

Bonzo Finance is built on the Hedera Smart Contract Service, and it is designed to be fully compatible with the Hedera Token Service (HTS). It also utilizes the Hedera Consensus Service (HCS) for its verifiable points and rewards program. 

Team members
We currently don't have any public team members for
Bonzo Finance
Related Articles
We currently don't have any published resources on
Bonzo Finance
Related Projects
BitGo

BitGo is a leading provider of secure and regulated digital asset financial services within the Hedera ecosystem. Founded in 2013, BitGo pioneered the multi-signature wallet, setting an industry standard for digital asset security. They offer a comprehensive suite of services, including qualified custody, staking, trading, and core infrastructure for institutional clients across 50 countries.

It is a member of the Hedera Governing Council and an active contributor to the network's direction and development. BitGo also serves as a backbone technology provider for the network where it runs several Hedera mirror nodes and supports innovation across the entire ecosystem.

BitGo provides institutional-grade security for Hedera Token Service (HTS) tokens leveraging its multi-signature technology and cold storage solutions to protect client assets. It is regulatory compliant with a verified MiCA license in the EU and operational licenses in New York, Germany, Singapore, and more. Its services include real-world tokenization, settlement, and payment verticals among numerous others.

Object Computing

Object Computing, Inc. (OCI) is a technology consulting company founded in 1993 and based in St. Louis, Missouri. It specializes in designing and building custom software solutions for enterprise clients across various industries, including defense, aerospace, financial services, and healthcare.

OCI's services span the entire software development lifecycle, from strategy and design to implementation and support. The company offers expertise in a wide range of technologies, including real-time and embedded systems, cloud computing, machine learning, and the Internet of Things (IoT). A significant part of their work involves helping organizations modernize their legacy systems and adopt new technologies to improve efficiency and drive innovation. They also create and sponsor multiple open-source projects, most notably Grails, a popular web application framework based on the Groovy programming language.

Object Computing leverages its extensive experience in enterprise software to help organizations build and integrate solutions on the Hedera network. OCI provides consulting, training, and development services specifically for Hedera, enabling businesses to utilize the platform for applications requiring high throughput, security, and auditable data logging. 

Hedera Mirror

Coming soon..

Hitachi America Ltd.

Hitachi America, Ltd., a subsidiary of the Japanese multinational conglomerate Hitachi, Ltd., is headquartered in Santa Clara, California. The company serves as a key component of Hitachi's global operations, driving innovation and business development across the Americas.

Hitachi America and its subsidiaries offer a vast and diverse portfolio of products and services organized under three core business structures: "Digital Systems & Services," "Green Energy and Mobility," and "Connective Industries." This includes enterprise-grade data storage and management solutions, cloud applications, and AI-driven platforms. 

Hitachi America joined the Hedera Governing Council in 2024. As a council member, Hitachi lends its extensive industrial and technological expertise to the governance of the DLT. The company has explicitly stated its intent to create proof-of-concept solutions on Hedera, focusing initially on end-to-end supply chain management and sustainability initiatives. By leveraging Hedera's secure, scalable, and energy-efficient network, Hitachi aims to enhance transparency and accountability in complex industrial workflows, from manufacturing and logistics to clean energy and IT/OT systems.