HLiquity Upcoming INO - initial thoughts?

in steem •  7 months ago 

The HLiquity protocol offers interest-free loans and is more capital-efficient than other borrowing systems. Instead of selling HBAR to have liquid funds, you can use the protocol to lock up your HBAR, borrow against the collateral to withdraw HCHF, and repay your interest free loan later.

  • HST holders (Private Round) Start time: May 14th, 2024, 14:00 UTC (Duration: 24 Hours)

  • Non-HST holders (Public Round) Start time: May 15th, 2024, 14:00 UTC (Duration: 24 hours )

HLiquity is holding their INO in a couple days, I'm still researching the project and the team. I'd be curious to hear people's initial thoughts on this idea - is it something you would use?

If people are interested, I might write up a full deep dive into my findings later on.

by u/RangeSea7591
in r/Hedera

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!