What is Hatom?
Hatom Protocol, operating on the MultiversX network, enables users to become liquidity providers by supplying assets to its decentralized lending platform, earning interest in return. Through its liquid staking feature, users can stake EGLD to receive sEGLD tokens, which can then be supplied to the lending protocol to obtain HsEGLD—an interest-bearing token that combines staking rewards with lending interest. HsEGLD can also be used as collateral for borrowing, allowing liquidity providers to maximize their yields while contributing to the ecosystem's liquidity and security.
Benefits of using Hatom
Hatom allows blockchain users to earn passive income by providing liquidity to decentralized lending markets. It enables users to stake assets like EGLD and earn interest-bearing tokens, maximizing their returns through liquid staking and lending rewards. Additionally, users can borrow against their assets as collateral, enhancing the flexibility and usability of their holdings.
