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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SentX functions is a non-fungible token (NFT) services platform on the Hedera network. Its offerings include a launchpad, marketplace, and explorer. Among its many innovations, the platform has developed an infinite scrolling capability and advanced NFT search capabilities providing database-level capabilities within an approachable user interface.
The platform provides a marketplace for HBAR NFTs, complemented by NFT management tools and NFT analytics. SentX also features a launchpad for new NFT projects and a rewards center to enhance user engagement. Key characteristics of its service include non-custodial transactions, ensuring users retain control over their assets, along with fixed fees, immutable royalties for creators, and scalable transaction capabilities. Additionally, SentX features tools for bulk listing, modifying, and selling NFTs.
Its also features ultra-fast non-custodial transactions and low gas fees, leveraging the capabilities of the Hedera network. SentX lists numerous partners, including The HBAR Foundation, Google for Startups Program, HashPack, SaucerSwap, and various other entities in the Web3 and professional services space such as Arkhia and Cuatrecasas.
FMFW.io, which stands for "Free the Money, Free the World," is a centralized cryptocurrency exchange based in the Bahamas. It offers a broad range of trading services, including spot and derivatives markets, margin trading, and staking, with over 400 trading pairs.
On the Hedera ecosystem, FMFW.io provides a trading venue for HBAR, contributing to its liquidity and accessibility for a global user base. The platform features a user-friendly interface, deep liquidity, and cutting-edge matching engine.
FMFW.io emphasizes security with cold storage, multi-factor authentication, and continuous monitoring and implements anti-money laundering (AML) and know-your-customer (KYC) procedures. Beyond trading, it offers staking opportunities, enabling users to earn passive rewards on supported assets.
It also facilitates instant cryptocurrency purchases through numerous payment methods including credit/debit cards, Apple Pay, and Google Pay. Security is a core focus, with the exchange implementing cold storage for assets, multi-factor authentication, and continuous monitoring to safeguard user funds and data.
Gaimin is a Swiss-based company founded in 2018. Its vision is to create the world's most powerful decentralised supercomputer by harnessing the collective power of the gaming community.
Gaimin's core product is a free-to-download PC application that runs in the background, detecting when a user's computer is idle and then utilizing its processing power for various tasks, such as AI model training, video rendering, and blockchain computations. In return for contributing their resources, gamers are rewarded with Gaimin's native cryptocurrency, GMRX. This creates a passive income stream for gamers and provides a cost-effective solution for businesses in need of high-performance computing. The Gaimin platform also serves as a game launcher and a hub for Web3 gaming, with an integrated marketplace for NFTs and other digital assets.
Gaimin uses the Hedera network to tokenise in-game assets as NFTs, allowing players to have true ownership of their digital items. One of the first games to be integrated with this system is a version of Minecraft called Gaimcraft, where users can create NFTs that are interoperable between the Gaimin marketplace and their Minecraft inventory.
Standard Bank Group, located in South Africa, is Africa's largest bank by assets and among the longest operating financial institutions on the continent having been founded more than 150 years ago. The Group offers a comprehensive suite of financial products and services via the Hedera blockchain including a wide array of payment processing solutions for both individuals and businesses.
The firm’s primary functions include facilitating transactional banking, lending, asset finance, merchant solutions, trade finance, and international payment services for its business and enterprise clients. Standard Bank also provides insurance and asset management services.
As a member of the Hedera Governing Council, Standard Bank provides enterprise-grade, secure transactions and digitized cross-border trade processes on the immutable Hedera distributed blockchain ledger.
Standard Bank is one of the leading Hedera-based service providers utilizing Hedera's Token Service (HTS) and Consensus Service (HCS). The primary focus of this collaboration is to improve transaction efficiency and reduce costs associated with international cross-border payments.