Hubble Protocol, an ecological project of Solana, completed a seed round of $3.6 million, with Participation of Three Arrows Capital and others
On December 17, Hubble Protocol, a zero-interest lending Protocol based on Solana, completed a seed round financing of $3.6 million. Sanarrow Capital, Jump Capital, CMS, Spartan, Delphi Digital, Mechanism Capital, DeFi Alliance, DeFiance Capital and others participated in the investment.
It is reported that Hubble Protocol is zero-interest loan and Stablecoin Protocol on Solana. One of the core functions is to cast a decentralized Stablecoin USDH, which is secured by users' deposits. The deal is expected to go live in Solana next month.