Hatom Protocol is emerging as a disruptive force in the world of decentralised finance (DeFi). On the MultiversX blockchain, this protocol has seen a meteoric rise, with a Total Locked Value (TVL) of $170 million in just six months. The associated token has also seen its price soar, from $0.3 to $3.33 in seven weeks. This success can be attributed to Hatom's strategy, which favours a balance between adaptability and stability. By making calculated decisions, the protocol aims to minimise risk while pursuing a long-term strategic vision.
Hatom Protocole has made innovation its banner, and this is demonstrated in concrete terms through its flagship products: the Booster and the Accumulator.
The Booster is a tool designed to increase the rewards for users who actively participate in the DeFi ecosystem. In practice, this means that when a user engages their tokens in specific activities favoured by the protocol, such as depositing liquidity or participating in specific staking pools, the Booster can 'amplify' the rewards they receive. Think of the Booster as a return multiplier that activates when users commit their tokens to activities that benefit the ecosystem, such as boosting liquidity. This mechanism is designed to stimulate and add value to specific actions that support the growth and overall financial health of the network.
The Accumulator works more like a savings account or term deposit where users can lock in their tokens for a set period and receive interest on them. The aim is to reward long-term holding and patience, offering a stable and predictable rate of return. Unlike the Booster, which aims to reward activity and participation, the Accumulator focuses on stability and the passive accumulation of wealth.
SoulProtocol is the centrepiece of the Hatom innovation, representing a major breakthrough in blockchain interconnectivity. This interoperability protocol, described as "Layer x+1", enables fluid operations between different blockchains, making it easier to lend and borrow across network boundaries. For example, thanks to SoulProtocol, a user on MultiversX could easily access assets on Aave or Compound Finance, two of the largest lending platforms in the Ethereum ecosystem. This means that MultiversX users can leverage their assets on lending platforms on other chains without needing to navigate between different applications or use complex and expensive cross-chain bridges. SoulProtocol acts as a fluid bridge, eliminating friction and opening up a world of possibilities in the DeFi space. This innovation is not just technical; it is strategic, enabling Hatom to attract a wider user base and integrate more deeply into the global decentralised financial ecosystem.
Hatom Protocole stands out for its commitment to innovation and decentralised governance. Through Agora, its community governance platform, every token holder can influence the development of the protocol, putting the ideal of true decentralisation into practice. It is a place where ideas are exchanged and strategies for the future of Hatom are debated and defined collectively.
On the technological front, Hatom spares no effort to incorporate the latest advances. By teaming up with #Bittensor, Hatom plans to harness artificial intelligence to extend DeFi's functionality and enhance the user experience. The launch of SoulProtocol also illustrates Hatom's innovative approach, with its ability to facilitate inter-channel lending using linking technologies such as Chainlink, underlining its desire to transcend the traditional boundaries of DeFi. These initiatives position Hatom at the forefront of innovation, strengthening its ecosystem and broadening its impact on decentralised finance.
Hatom Protocole is distinguished in DeFi by its rapid growth and a strategy that favours stability. The success of tools such as the Booster and Accumulator demonstrates a deep understanding of user needs, rewarding commitment and encouraging long-term investment. The adoption of cutting-edge technologies such as artificial intelligence with Bittensor signals a future in which token holders are at the heart of governance, and Hatom is positioned as an architect of interoperability in DeFi.
