Welcome to the latest edition of The Hubble Post! We've had a busy week building, working on updates (devs chewing glass like legends!), and making friends (attending Athens DAO and NFT Berlin), and we're glad you're here if you're reading this.
Let's dive right in.
Hubble and Lido Get the Triple-Dip Treatment on Orca
Hubble recently teamed up with Lido Finance, and increasing the liquidity of USDH and stSOL is one of the first actions we're tackling as partners. To help, Orca, another Hubble partner and one of the highest volume DEXs on Solana, is pitching in with boosted rewards on its platform.
Orca opened a triple-dip pool where liquidity providers can earn HBB, LDO, and ORCA tokens for depositing stSOL-USDH. With the triple-dip pool, users can earn tokens from three amazing projects on top of trading fees, and that adds up to an amazing APY in HODL-worthy rewards.
Liquidation Protection Discussion Went Live on the Hubble Forum
The Hubble Forum is a place where the community can bat around ideas and explore possibilities for the future of the protocol. One idea that users have been talking about for ages is liquidation protection, and now the discussion has been formally launched on the Hubble Forum.
There are a few ideas that have rushed to the foreground in this discussion. All ideas are welcomed in this space, so join the forum and let us know what you think. Of course, it's not possible to integrate every idea that emerges from these discussions, but the ideas that are integrated in the future are most certainly strengthened in this process.
Hubble Protocol Attended Financial Markets Training
We're obsessed with DeFi, but we want to make sure we're on top of our game and looking at the sector with as much knowledge and insight from the world of finance as possible.
Over two days (14 hours total) the whole Hubble team learned about the fundamentals of TradFi markets. The course was led by a TradFi big brain, Sergei Perfiliev, and we can't recommend him enough for how much value he added to our team's collective knowledge.
Whether you're interested in learning about the basics or diving deep into the nitty-gritty, Sergei is your man!
Slope Finance Hosted Hubble Protocol AMA
Hubble recently integrated Slope Finance's all-in-one Web3 wallet into our protocol. Slope can be used to access Hubble on multiple devices, and it comes as a welcome addition to the Hubble arsenal.
The fine folks at Slope hosted Mark, our Head of Growth, for an AMA over Twitter. In light of recent events, stablecoins and the merits of USDH took center stage early on, and Mark did a great job explaining a lot of more complex concepts behind Hubble.
If you're looking for a fantastic way to spend an hour learning about DeFi and Hubble, make sure you give this one a listen.
Hubble's TVL Broke Several Graphs on Twitter
Hubble bested Solana DeFi for the largest boost in TVL over the week! It's amazing to see such volume coming to Hubble during such bearish market conditions, but it's not a huge surprise.
We're geared up to build and are keeping our noses to the grindstone to make USDH the premier censorship-resistant stablecoin on Solana. Some users are taking notice–a 148% boost in TVL kind of notice!
Until Next Time
We hope you enjoyed this edition of The Hubble Post. Make sure you join the discussion on Discord and the Hubble Forum if you'd like to get more involved.
Also, don't forget to check Hubble's Twitter feed regularly for updates on where to find the best APYs for USDH in the Solana ecosystem. Ciao!
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