This article will show users the first steps necessary for joining the Solana decentralized finance community (DeFi) by downloading and setting up a Phantom Solana wallet.
In this article, we’ll address several issues surrounding bad debt. We’ll look at how bad debt was incurred, how Hubble handled the situation, and how Hubble’s model ensures that USDH remains solvent without affecting the entire community.
Hubble has increased the resiliency of the protocol with oracle updates and proofs of reserves. Read more about TWAPs, EWMAs, and price bands in this article.
November presented another major stress test for Hubble to pass. This report provides details on how the protocol minimized the impact of the FTX fallout.