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Hedera's largest lending protocol exploited for over $9 million. According to details shared by Wu Blockchain, leading Hedera based lending protocol Bonzo Finance Labs suffered an oracle exploit to the tune of some $9.05M . At time of writing, the platform remains paused in what is a major blow...

30,391 次观看 • 28 天前 •via X (Twitter)

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🥁🥁 We're thrilled to announce the Mainnet launch of both the Lending Protocol and Liquid Staking on July 16th, three days ahead of the end of the Public Sale. Get ready to witness the strong impact of these key DeFi building blocks, meticulously crafted over nearly two years on the blockchain, even before the public sale begins. The upcoming launch of #Hatom marks a significant milestone for #MultiversX , poised to redefine the DeFi landscape in the way we have all been anticipating. To ensure you are optimally positioned to harness the initial yields and explore the various DeFi opportunities enabled by $sEGLD with our over-collateralized lending platform, we recommend starting the process of Unstaking your EGLD to be ready by July 16th. To ensure a seamless launch, the Lending Protocol will debut with the following Money Markets: $EGLD, $sEGLD, $USDC, $USDT, $BUSD, $WBTC, $WETH, and $UTK. The Lending Protocol will enable users to finally explore a multitude of DeFi strategies while earning substantial incentives in blue-chip tokens. 🔥 Stay tuned as we are about to announce the largest Incentivization Program in #MultiversX's history. The specifics of this remarkable initiative will be disclosed tomorrow. This is designed to truly ignite DeFi within the blockchain, allowing for exponential growth of projects as all DeFi pillars will now be operational. 🎉 The countdown has begun! Visit our app at to stay in the loop and be the first to experience the upcoming protocols.

Hatom Labs

249,940 次观看 • 3 年前

Today, we are excited to reveal a partnership with the @HederaFndn to bring all 400+ Pyth Price Feeds to Hedera 🔮 HLiquity is the first DeFi application on Hedera to be Powered by Pyth. Learn more about this launch below: ℹ️ About the HBAR Foundation The HBAR Foundation supports the creation of Web3 communities built on the Hedera network, by empowering and funding the builders developing these communities. The Foundation's six funds - focused on the Crypto Economy, Consumer Engagement, Sustainability, Fintech, Privacy, and Female Founders - each support communities within those areas, and the interconnectedness enables applications to participate as part of a larger ecosystem. The collective power of these funds enables entrepreneurs, developers, and enterprises of all sizes to tackle some of the world's largest problems and create and control their own economies, all built on the Hedera public network. Whether you're building something new or migrating an existing EVM-based application and community, the HBAR Foundation is here to support you. 🔮 Pyth Data on Hedera The deployment of the Price Feeds and Pyth Benchmarks marks a pivotal moment for the Hedera DeFi ecosystem Pyth Network offers an expansive suite of over 400 real-time price feeds across digital assets, foreign exchange pairs, commodities, equities, and ETFs Developers on Hedera can permissionlessly access any of these data feeds to power their smart contract applications and build out the next generation of blockchain-enhanced financial services As a matter of fact, we’re happy to reveal Swisscoast as the first DeFi app using Pyth Data on Hedera. HLiquity is a decentralized borrowing protocol that allows you to draw interest-free loans against $HBAR. Loans are paid out in $HCHF (a CHF-pegged stable on-chain currency) and must maintain a minimum collateral ratio of 110%. Thanks to Pyth Price Feeds, HLiquity can continuously monitor the current price of HBAR and CHF and ensure that all user vaults and the overall protocol remain over-collateralized 🗣️ Quotes “Public Oracle price feeds are a critical component for growth as lending is often seen as the crux of economic behavior. This infrastructure is a huge milestone to spur the development of innovative financial instruments on Hedera and we are ecstatic to partner with Pyth not only for the incredible tech but our alignment of a long-term strategic vision.” — HBAR Foundation Director of Business Development Grace Pfluger “Embracing Pyth Price Feeds on Hedera with HLiquity showcases a new era of DeFi, ensuring precise and timely collateral valuation for our users. This is a significant milestone for HLiquity, demonstrating our commitment to leveraging cutting-edge technology for enhanced financial solutions.” — Reto Habegger, COO at Swisscoast

Pyth Network 🔮

160,428 次观看 • 2 年前