Hatom HTMPrice $ 0.263

The Hatom protocol is the first building block of the Hatom Ecosystem; it is an over-collateralized lending protocol, and it is the first lending protocol operating on the MultiversX blockchain.

Hatom is a peer-to-pool based protocol on the MultiversX blockchain, lenders provide liquidity by supplying tokens to a pool of assets, and borrowers borrow liquidity by taking these tokens from that same pool. Both the lenders and the borrowers interact with communal pools that are managed by smart contracts. These pools algorithmically and dynamically adjust the interest rates lenders earn and borrowers pay depending on demand and supply. In other words, the interest rates are calculated automatically with no intermediary party needed.

Each pool is an exclusive money market for a single ESDT token, and all the transactions and historical interest rates of all the money markets are public.