HLiquity is a decentralized borrowing protocol built and deployed on the Hedera blockchain network. It offers users a method to take out loans against their HBAR collateral and enables HBAR holders to access liquidity in the form of a USD-pegged stablecoin without selling held HBAR assets.
The core mechanism allows users to deposit HBAR into a smart contract to mint the protocol's stablecoin to obtain interest-free loans with a one-time borrowing fee. HLiquity operates on a system of over-collateralization, requiring borrowers to maintain a collateral ratio above a specified minimum to secure their debt.
A key component of the protocol is the Stability Pool, where users can deposit the HLiquity-issued stablecoin. These deposits are used to absorb debt from liquidated positions, and Stability Pool providers are compensated with a share of the liquidated HBAR collateral. HLiquity aims to provide a capital-efficient and censorship-resistant borrowing solution within the Hedera DeFi ecosystem.
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NOWPayments is a non-custodial cryptocurrency payment gateway that was founded in 2019. Its mission is to make it easy for businesses to accept a wide variety of cryptocurrencies, with a focus on providing a seamless and secure payment experience.
The core of NOWPayments' service is a platform that allows merchants to accept over 300 different cryptocurrencies, including stablecoins, and to receive payments in their preferred fiat currency. The platform offers a range of integration options, including APIs, e-commerce plugins, and donation widgets. A key feature of the platform gives users the ability to offer automatic coin conversion, which allows merchants to accept a variety of cryptocurrencies without having to manage multiple wallets. The platform also offers a mass payments solution, which enables businesses to send payments to multiple recipients in various cryptocurrencies.
NOWPayments has a direct integration with the Hedera network, providing full support for HBAR and other Hedera-based tokens. This allows merchants using the NOWPayments platform to accept HBAR as a form of payment.
Australian Payments Plus (AP+) is the national organization responsible for Australia's core payment infrastructure. It was formed by the merger of three key entities: BPAY Group, the operator of the ubiquitous BPAY bill payment service; eftpos, the national debit card system for point-of-sale transactions; and NPP Australia, which runs the New Payments Platform (NPP). In its infrastructure capacity, AP+ processes over 7.5 billion transactions annually and is central to the daily economic activity of the country.
AP+ is also an active researcher organization that is constantly exploring the capabilities of distributed ledger technology and a member of the Hedera Council.
The relationship with Hedera provides AP+ with a framework for developing and testing new solutions that could one day integrate with or enhance its established portfolio of payment services. This involvement complements its research into other future-focused technologies, including its participation in the Reserve Bank of Australia's CBDC pilot program.
Headstarter is a decentralized fundraising platform and launchpad built exclusively for the Hedera network. Its primary purpose is to accelerate the growth of the Hedera ecosystem by providing a secure and streamlined environment for new projects to raise capital and build an initial community.
The platform operates on a tier-based system centered around its native token, $HST. To gain access to token sales, prospective investors are required to stake a certain amount of $HST, which places them into different tiers. These tiers determine the size of the allocation a user is guaranteed in an upcoming IDO, with higher amounts of staked tokens granting access to larger investment opportunities. This model creates utility and sustained demand for the $HST token while ensuring a fair and organized capital-raising process.
For projects, Headstarter provides an end-to-end solution for launching a token, handling the technical complexities of the sale and providing access to an engaged community from day one. For investors, it offers a vetted and secure venue to discover and support promising, early-stage Hedera-native projects.
The InterWork Alliance (IWA) is an organization focused on simplifying and standardizing the use of token-powered services for businesses. As an initiative of the Global Blockchain Business Council (GBBC), the IWA works to create a common language and framework for tokenized assets, which allows different blockchain networks and applications to work together seamlessly.
The alliance's primary mission is to empower organizations to adopt and use token-based distributed services in their day-to-day operations. To achieve this, the IWA has developed several key frameworks, including the Token Taxonomy Framework (TTF), which provides a common set of definitions and standards for tokens of all types. The IWA also has a strong focus on sustainability, with task forces dedicated to creating standards for Voluntary Ecological Markets and Carbon Emission Tokens.
The Hedera network and its ecosystem partners are active members and contributors to the InterWork Alliance. Hedera has collaborated with the IWA on its Sustainability Working Group, and several applications built on Hedera are designed to be compliant with the IWA's standards.