For those looking for a reliable, convenient, and safe lending protocol in the Elrond Blockchain: Hatom, a reliable, convenient, and safe lending protocol has launched on the Elrond blockchain.

Hatom is a decentralized, algorithmic protocol for lending and borrowing assets that will be the first of its kind to operate on the Elrond Network. On this platform, suppliers provide liquidity to the market and earn interest on their deposits, while borrowers can take loans in an over-collateralized fashion.

Hatom uses an on-chain governance mechanism that enables the protocol’s users to vote for protocol changes directly on the blockchain; it was developed to provide individual users with more influence in the governance process. The protocol’s team continuously collects feedback and uses it to create specific polls to match the community’s needs and upgrade the app according to its preferences. The Developers are primarily concerned with providing the users with an unparalleled experience and ensuring their security.

The development team experienced consultants and auditors have committed significant time, effort, and financial resources to develop a safe and reliable lending protocol.

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