FAQ
How does Hatom work?
Hatom operates as a decentralized, algorithmic protocol on MultiversX, enabling users to lend, borrow, and stake assets in a non-custodial manner. Liquidity providers supply assets to pools and earn interest, while borrowers obtain loans by providing collateral, with all transactions managed by smart contracts for transparency and efficiency. Interest rates are dynamically adjusted based on supply and demand, ensuring a seamless and fair experience for all participants.
Is Hatom a secure project?
Hatom places a strong emphasis on security, having undergone audits by leading firms such as Hacken, Certik, Peckshield, Halborn, and others to ensure protocol integrity and user safety. The platform leverages robust infrastructure, including price oracles and guardians, to minimize risks and enhance reliability. Its non-custodial design and adherence to best practices further bolster security for all users.
How to use Hatom?
To use Hatom, users connect their MultiversX-compatible wallet, select the desired asset, and deposit it into the protocol’s liquidity pools to start earning interest or to borrow against their collateral. The platform issues HTokens as receipts for supplied assets, which accrue interest and are required for withdrawals. The user interface is designed for accessibility, allowing participants to lend, borrow, and stake assets efficiently within the MultiversX ecosystem.
What services does Hatom offer?
Hatom provides a comprehensive suite of DeFi services, including lending, borrowing, liquid staking, and access to its native stablecoin, USH. Users can earn interest by supplying assets, securing loans with collateral, and participating in staking to receive additional rewards. The platform’s ecosystem is built to deliver secure, scalable, and versatile financial solutions on MultiversX.
