HLiquity — The pioneering DeFi borrowing protocol
and its INO round details
The last three weeks were full of successful events for HeadStarter and for the projects enriching the Hedera Ecosystem.
Earthlings had three INO rounds fully sold out and VRJAM had one Private Sale round and one Public Sale round, both sold out, totaling an astounding amount of 7,735,700 $HBAR raised in these 5 rounds.
You can check all the past and future rounds on our dApp.
Our community members were very active on Discord, Telegram and Twitter and we want to thank them for their enthusiasm and support, and to congratulate them for being a core component of the Hedera Ecosystem development by participating in these exciting rounds.
Today we are bringing HLiquity, a pioneering DeFi borrowing protocol operating on the Hedera network.
In today’s DeFi landscape, borrowers are facing high interest rates, complex governance structures and a risk of centralization, making financial freedom and accessibility a challenge.
Traditional borrowing protocols on blockchain networks often impose hefty fees, requiring participation in twisted governance models and leaving users at the mercy of volatile market conditions. These barriers are not only complicating the borrowing process, but are also undermining the decentralized ethos of the blockchain community.
Being a robust fork of the proven Liquity Protocol and operating on the Hedera network, HLiquity is ensuring fast, secure and efficient transactions revolutionizing DeFi borrowing by offering a streamlined, interest-free loan system using $HBAR as collateral.
By leveraging $HBAR collateralization, HLiquity enables users to access interest free loans in $HCHF, a stablecoin pegged to the Swiss Franc. With a minimum collateral ratio of 110% and a strong Stability Pool, HLiquity ensures unparalleled security and assurance for borrowers.
More than that, the $HLQT token will be minted to reward early movers, liquidity providers and HLiquity supporters in the community.
Check out the visual below to better understand how HLiquity operates.
Committed to the core principles of DeFi, HLiquity is a non-custodial, immutable and governance-free protocol. Users retain complete control over their assets, fostering transparency and security throughout the borrowing process. HLiquity marks a significant advancement for the DeFi ecosystem, enhancing efficiency and security in the lending market.
Get involved directly in the INO round through HeadStarter dApp
Allowlist is currently open, closing on April 17th 2024.
Sale starts on April 18th 2024.
Round specifications:
- Mint Allocation: 10 NFT for each wallet
Allowlist is composed of:
HeadStarter Unique NFT holders:
- HeadStarter Exclusive Coin — 0.0.1041134–9 Circulating
- HeadStarter Legacy OG card — 0.0.1066450–17 circulating
HeadStarter Tier 3 $HST holders:
- Wallets holding 1M+ $HST
Lucky drawn HST holders (count TBD based on raise agreed amount):
- 80% Wallets Holding 200K+ HST ( Multiplied by HeadStarter NFT holdings)
- 20% Wallets Holding 5K+ HST ( Multiplied by HeadStarter NFT holdings)
Get in touch with the other community members and stay updated with everything that is happening on our official channels:
HeadStarter official channels:
HLiquity official channels: