Description
Hundred Finance is a decentralized finance (DeFi) platform that provides lending and borrowing services across multiple blockchain networks, including Ethereum, Harmony, and Polygon. It enables users to earn interest by lending their cryptocurrencies or borrow against them, thereby creating a versatile digital asset financial ecosystem. A notable feature of Hundred Finance is the provision for liquidity supplying, which allows users to earn yield, and the staking of HND tokens, which grants governance rights for decision-making on platform proposals. The platform maximizes security and transparency through the use of smart contracts and integrates with Chainlink oracles to maintain market health and stability. The veHND model is a cornerstone of its multi-chain lending protocol, ensuring a broad-based and resilient DeFi service offering.
Hundred Finance is a decentralized finance (DeFi) platform that provides lending and borrowing services across multiple blockchain networks, including Ethereum, Harmony, and Polygon. It enables users to earn interest by lending their cryptocurrencies or borrow against them, thereby creating a versatile digital asset financial ecosystem. A notable feature of Hundred Finance is the provision for liquidity supplying, which allows users to earn yield, and the staking of HND tokens, which grants governance rights for decision-making on platform proposals. The platform maximizes security and transparency through the use of smart contracts and integrates with Chainlink oracles to maintain market health and stability. The veHND model is a cornerstone of its multi-chain lending protocol, ensuring a broad-based and resilient DeFi service offering.
