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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Third Act Digital is a non-fungible token (NFT) marketplace specifically designed for the theatre community, allowing fans to collect and own digital representations of memorable theatre performances and moments. It leverages the Hedera network for NFT creation and facilitates transactions for purchasing digital collectibles using the USDC stablecoin.
A core objective of Third Act Digital is to deepen fan engagement by providing a novel way to interact with and own verified pieces of theatrical history. The platform collaborates with renowned theatre institutions such as The Public Theater to curate unique NFT offerings that capture iconic moments from various performances. This initiative bridges the gap between traditional theatre and the world of digital collectibles.
Built on the carbon-negative Hedera Hashgraph, Third Act Digital emphasizes a sustainable approach to blockchain technology. To ensure a smooth user experience, particularly for new users, the platform integrates Venly's Wallet API. This facilitates easy onboarding and interaction with the marketplace, allowing a broader audience to participate in collecting theatre-related NFTs.
Fliggs Mobile is a digital-first, Web3-enabled mobile virtual network operator (MVNO) that aims to bridge the gap between telecommunications and financial services. Its core service is providing flexible, no-contract mobile plans that run on T-Mobile's nationwide 5G network. These plans, managed entirely through the Fliggs Mobile app, include features such as eSIM activation, international roaming passes, and data boosters.
It also features Web3 integration features including a non-custodial digital wallet built into the app. This wallet enables a loyalty program that rewards users with monthly cashback in Bitcoin or USDC on their service fees.
Fliggs Mobile is built on Hedera's distributed ledger technology, which is used to issue a Decentralised ID (DID) to every user upon activation. This gives customers sovereign control over their digital identity and personal data. The non-custodial wallet also leverages Hedera for its security and functionality, enabling secure cryptocurrency payments and the management of rewards. This integration is supported by The Hashgraph Association, which has provided both funding and technical support to pioneer this convergence of telecom services and decentralised technology.
Yamgo is a UK-based wallet and rewards platform built on Hedera Hashgraph. It enables users to earn HBAR, NFTs, and tokens by watching videos, playing games, shopping, or completing surveys, while managing their assets in a secure self-custody wallet. Yamgo leverages Hedera’s consensus service for fast, low-cost, and carbon-negative transactions, and has generated over 1.9 billion transactions on the network.
It also supports native HBAR staking, including through Ledger hardware wallets, and provides an API for brands and developers to onboard into Hedera. Backed by the HBAR Foundation, Yamgo is a key consumer gateway driving adoption of the Hedera ecosystem.
Hashport is an interoperability solution designed to connect the Hedera network with other major blockchain ecosystems and enable the transfer of digital assets across distributed ledgers. It functions as a public utility, facilitating bidirectional token bridging, which allows users to move assets from one network to another.
The platform supports connections between the Hedera blockchain network and other prominent blockchains such as Ethereum, Polygon, and BNB Chain. The process involves users locking their original assets on the source chain to facilitate “porting” of newly-minted, wrapped versions of the original asset to the destination chain. Upon retrieval, the ported asset version is burned on the destination network thus unlocking the original tokens on their native chain.
Hashport utilizes a consortium of independent and reputable validators verify and authorize transactions in order to ensure end-to-end security. These validators monitor events on the connected chains to ensure the integrity of the bridging process. By enabling seamless cross-chain transfers, Hashport plays a vital role in expanding the reach of decentralized applications (dApps) and assets within the Hedera ecosystem.