USDH on Raydium, Recovery Mode Nixed, AMAs, and Moooon

Wow. A lot has happened at Hubble since the last edition of The Hubble Post hit the press! Thanks for checking in and seeing what's going on with Hubble. We know everyone can't spend 24/7 on Twitter following updates, so here's most of what you may have missed.

USDH on Raydium, Recovery Mode Nixed, AMAs, and Moooon
USDH on Raydium, Recovery Mode Nixed, AMAs, and Moooon.

Wow. A lot has happened at Hubble since the last edition of The Hubble Post hit the press! Thanks for checking in and seeing what's going on with Hubble. We know everyone can't spend 24/7 on Twitter following updates, so here's most of what you may have missed.

Here's just the gist of what's gone down over the last week:

Raydium Integrated USDH in a Big Way

Raydium, the Solana's largest DEX by TVL, established USDH as a quote token on their exchange. This means USDH can be permissionlessly paired with any token on the DEX. It's huge.

Raydium announced integrating USDH as a quote token and the launch of pools featuring USDH and HBB.

Looks like the Raydium docs still need an update (fresh news here), but it's an honor to see the exclusive group of tokens USDH is joining:

Snip from the Raydium docs about opening a new pool.

Those are some pretty important tokens in the Solana ecosystem. We're kind of a big deal, and we can't wait to see users begin pairing their tokens with USDH!

Recovery Mode Has Been Disabled

We've been talking about this for a while. In fact, much of the community has been talking about this for a while, and that's brought us to this moment today: Recovery Mode is no more.

As of April 21st, 2022, users will only have to worry about one LTV, and they won't have to worry about other users' borrowing throwing Recovery Mode into gear.

You can read more about saying goodbye to Recovery Mode on our blog.

The Hubble Team Fielded Two AMAs

AMAs are usually attended by the head of a project, but at Hubble, we feel confident enough that our team can answer just about any question that comes our way (not everything!).

The marketing team fielded two AMAs this week. One AMA was hosted by Crema and also attended by Nirvana, and the other was hosted by Crypto Rand.

You can catch up with each Q&A session here:

Link to the recording of the Hubble x Nirvana x Crema AMA.
Link to Crypto Rand AMA recap.

HBB Rocketed Up the Charts Days in a Row

Last but not least, we have to talk about what happened with HBB over the last week. If you haven't looked at the price charts lately, you have missed out!

We'd love to really celebrate with the HBB bag holders out there (especially with HBB stakers), but there's just too much we still have to do until we can take a breather. We're just getting started.

Stay tuned for another week of stellar updates next Friday!

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