Hey Hubble Community 👋

Looking for ways to get involved in our community and help out your favorite stablecoin on Solana? 🙋

Check out our newest proposal for the Hubble Ambassador Program, and share your thoughts with us on the forum. Let us know how we can build a stronger community and bring $USDH to the forefront of DeFi 💪

📌 https://forum.hubbleprotocol.io/t/community-ambassador-program-proposal/95

Sometimes, DeFi feels like stepping through the looking glass 🪞

Down is up (with a short), and it seems like everyone has their nest egg in a pool (3Pool, that is)

Read about DeFi's de facto savings account, Curve (yes, that Curve), in our latest blog post 👇

https://blog.hubbleprotocol.io/curves-3pool-defis-savings-account/

We just pushed a new UI release which has a few things you folks have been asking for 🚢

😎 Updated the Earn page + Loan page making them more responsive - and also showed the Stats page some love with a few noticeable improvements

🏊 Added more pools to the DeFi Section

🖋️ Given the Loan page noscript a redesign

🧮 Made calculating LTV's easier by allowing you to in put any value Borrow

🐜 Fixed the error a few of you have run into when withdrawing or repaying

....and one more thing ( ⛰️ )

Slope Wallet has been integrated onto the platform⚡️

(They've also integrated Marinade Finance on the wallet, so mSOL is a few clicks away)

We've been working behind the scenes with Nova Finance for quite a while, and we'll be having a Twitter Spaces tomorrow to explore the asset management solutions they are building.

USDH will be onboarded onto the platform soon. Join in to get some insights into what the integration entails!

📅 May 3rd
⏰ 17:00 UTC
📍Twitter Spaces
🔗 https://twitter.com/i/spaces/1MnxnkZobkLKO

See you there!

P.S. Here’s the Nova website:
https://novafinance.app/

AMA with Nova Finance kicks off in half an hour! Join us for the alpha on our upcoming partnership.

Some great things in the pipeline 🤝

https://twitter.com/i/spaces/1MnxnkZobkLKO?s=20

A forum proposal for a new security parameter in the protocol is now live.

This parameter will introduce net-outflow ceilings within set time-frames, which can lead to more resilience in the case of exploits.

Please give your feedback on the proposal:
https://forum.hubbleprotocol.io/t/net-outflow-ceilings/183

Did someone say Hubble poker night? ♠️

We are hosting a winner-takes-all community poker night next week.

♦️ Texas Hold 'Em
💵 1 SOL buy-in
💎 Winner takes all

If you would be interested, react with either 👍or 👎 and we'll co-ordinate for date and time once we have attendance locked in🔒

Our Ambassador Program is almost here! We’ve been taking in your feedback on the forum proposal and we will onboarding our new members end of this week 🤓

This program is meant to reward our active users for their contributions to the project; be it with educational articles and threads; visual/video content creation; building new connections for Hubble in the Solana ecosystem, and much more.

Looking to get involved? Reach out to the team about joining! Your thoughts and suggestions are still welcome https://forum.hubbleprotocol.io/t/community-ambassador-program-proposal/95/41

It’s almost time! Our Town Hall kicks off in just under an hour from now! We'll be going over:

What we've accomplished in the past month, upcoming releases, partnerships, and community initiatives🤝 AND OF COURSE stablecoin design and maintaining USDH's peg.

📅 Today, May 10 🕓 17:00 UTC
📍 Discord
See you there: https://discord.com/events/901231379587670066/968288124260220958"

We are live people! Join us now https://discord.com/events/901231379587670066/968288124260220958

The first Hubble Poker Night will be taking place next week!

📅Wed, May 18
🕗20:00 UTC
1️⃣ $SOL Buy-in
💸Winner takes all

Get your funds and your straight face ready

Logistics details to follow!🔥

Last week was hectic, to say the least!

Join us tomorrow for a Twitter Spaces where we discuss Hubble's first major stress test.

📍 https://twitter.com/i/spaces/1mrGmaYRyznGy

🕓 May 19th, 5 PM UTC

Before you join, you can read all about it ➡️http://blog.hubbleprotocol.io/hubble-stress-test/?utm_source=discord&utm_medium=social&utm_campaign=blog_internal

Tune in and bring any related questions you may have, we encourage you to share your thoughts and join our discussion.

The Notifi NFT WL is now available for all of the Hubble community! 💎

Check out: https://discord.com/channels/901231379587670066/906293655860543519/974794916796461078 for details and head over to the #Notifi-WL channel to register. First-access NFTs with lots of benefits for a project that's building the future of web3 communication, don't miss out!
📆 Wen WL Mint: May 26, 2022 5 PM UTC
📆 Wen Public Mint: May 26, 2022 9 PM UTC

Ready to hear about Hubble's first major stress test?

Through a market crash,
degraded network performance,
and sheer chaos...

Hubble Protocol and USDH held firm.

Join us for a post-analysis:

📍 https://twitter.com/i/spaces/1mrGmaYRyznGy

⏰ TODAY, 5 PM UTC

Forum Proposal for a new Liquidation Protection mechanism is now live.🔒

The Proposal outlines two possible strategies we can employ to protect users from liquidations:

1. Partial liquidations via an auto-unwind mechanism
2. Stability Pool protection with USDH repayments

Please join in on the discussion and give us your feedback👇
https://forum.hubbleprotocol.io/t/liquidation-protection-mechanism/218

Poker Night V2 will be happening this weekend, hosted by Nova Finance!

📅 Sunday, June 5th
⏲️ 18:00 UTC
💰 Buy-in: 1 SOL
Prize Structure: TBC

Nova Discord: https://discord.com/invite/WYVUSn56ac

Please indicate here if you're interested in joining!

With Lido Finance you can earn yield from staking AND earn yield from participating in #DeFi...wait for it...

...with the same tokens!

Staking tokens is essential for securing a Proof of Stake (PoS) blockchain like Solana. However, when those tokens are staked, they can't be used for anything else unless you stake through a liquid staking protocol like Lido Finance.

Learn more about Hubble's partner Lido Finance and their liquid staking tokens in our latest blog post: http://blog.hubbleprotocol.io/lido-liquid-staking/?utm_source=telegram&utm_medium=social&utm_campaign=lido_partnership

We'll keep this one brief:

The maximum LTV has been raised to 80% across all assets. Stay safe out there!

Blog Throwback🔄

Capital Efficiency in Stablecoin Design
04/12/22

“If you think the crypto market will continue to grow, then maybe crypto-backed stablecoins are more capital-efficient than you think.”

The charts right now look like a toddler got their hands on a grip of red crayons, but zoom out and there's more green over the span of years. It's been over a decade since Reddit was making fun of BTC on the regular, and it looks like crypto is here for the long haul.

Most of the world's currencies are backed by faith alone, but there are stablecoins, like USDH, backed by technology and innovation. If you have a smartphone in your pocket, you'll most likely agree that there's a wild journey ahead for innovations in tech.

There's so much room for growth. USDH is a tool to increase the capital efficiency of this growth, and there's no limit to where this can go.

$USDH

https://blog.hubbleprotocol.io/capital-efficiency-in-stablecoin-design/?utm_source=telegram&utm_medium=social&utm_campaign=throwbacks

🚢 A release has just been shipped!🚢

🎩 $RAY, $SRM, $FTT deposits reenabled (including configurable caps per token)
📐 Addressing some UI errors including allowing for debts as low as 2 $USDH
💪 Increased security checks
🚶‍♂️ Quality of life changes: removed unnecessary errors, added links, improved some documentation
🏊 Added more USDH pools (Orca, Raydium), better tooltips and explanations for Vaults

We should have another release coming out shortly so keep an eye out 👀