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.
Project Information
Related Projects
LeewayHertz is a software development company with a strong focus on emerging technologies. Headquartered in San Francisco, the company has a global team of developers and designers who build custom digital platforms for a wide range of clients, from Fortune 500 companies to startups.
The firm offers a comprehensive suite of services, with a particular emphasis on AI development, Web3, and blockchain solutions. Its expertise spans a variety of technologies, including IoT, generative AI, and mobile app development. LeewayHertz provides end-to-end solutions, from initial consulting and feasibility analysis to the design, development, and deployment of enterprise-grade applications.
LeewayHertz has a deep and established integration with the Hedera network. It offers a full range of Hedera Hashgraph development services, including custom dApp development, smart contract creation, and the tokenization of assets using the Hedera Token Service (HTS). Its team includes Hedera Hashgraph ambassadors and has a proven track record of building and deploying solutions on the network. This expertise allows them to provide their clients with secure, scalable, and high-performance applications that leverage the unique advantages of the Hedera network.
Coming soon..
Unibright is a German software development company founded in 2017 specializing in enterprise blockchain solutions. Its mission is to simplify distributed ledger technology (DLT) integration for businesses.
The core of Unibright's offering is the Unibright Framework, a "no-code" platform that enables the visual design and automated generation of smart contracts and other blockchain-based business logic. The firm also offers Unibright ONE, a service platform that synchronizes data across various blockchains and legacy IT systems. Another key component of Unibright’s operations is Baseledger, a public, council-governed blockchain that is designed for enterprise-grade performance and data privacy.
In 2021, Unibright integrated the Hedera Token Service (HTS) into its Freequity platform, a 360-degree solution for tokenization that includes issuance, regulatory compliance, and liquidity services. This integration allows Unibright's enterprise clients to issue and manage tokens on the Hedera network, taking advantage of its high throughput, low and predictable fees, robust security, and enterprise-grade infrastructure.
Circle's USD Coin (USDC), integrated with the Hedera network, offers a regulated, fiat-backed stablecoin pegged to the US dollar. This collaboration allows USDC to be minted natively on Hedera, leveraging the network's fast settlements (around 3-5 seconds), low transaction fees (typically $0.0001 to $0.001, paid in HBAR), and high scalability.
USDC on Hedera provides a trusted, stable, and reliable bridge for decentralized finance (DeFi) applications and end-users on the Circle and Hedera networks. Circle's increasingly popular suite of developer APIs offers full support for USDC on Hedera, facilitating its use in various applications including both payments and micropayments.
With USDC, enterprises and financial institutions have access to cross-platform liquidity and secure cross-border transactions. It’s currently used to facilitate payments and micropayments within applications such as Calaxy, Dropp, and Scintilla as well as to in support of numerous DeFi, NFT projects, and network bridge applications building on Hedera including SaucerSwap and Hashport.