Guest:

Ahmed Serghini, Co-founder of Hatom Protocol

Host:

Szabi Gergely, Podcast & YouTube Host at Morningstar Ventures.

Top 3 Takeaways from Our Guest:

1. “Liquid staking is more beneficial for users due to its versatile yield-generating properties”

Ahmed explained, in a very simple way, that liquid staking is much more beneficial for users and investors than “traditional staking” due to its more versatile yield-generating properties and the fact that anybody can skip the 10 days cooldown period by swapping back their sEGLD to EGLD on different platforms. In addition, sEGLD (the receipt of the staked EGLD) can be used for lending and borrowing, while staked EGLD tokens are taken into account at project launches.

2. $HTM will have 4 primary utilities

Ahmed went on to explain, that the $HTM token will be the heart of the ecosystem. It will have 4 driving utilities to ensure the token is liquid and enough volume is generated.

The 4 utilities are:

• $HTM will be used in the lending protocol 
• Users will be able to stake it in the staking module and earn rewards
• $HTM will be used for the overcollateralized stablecoin HUSD, which will be included in the lending protocol
• The token will be introduced in the safety module in case of any unfortunate event
  

3. AshSwap partnership allows users to unstake EGLD without any cooldown period

Ahmed revealed that they have been in touch with AshSwap for over a year. The partnership is very important for the users as AshSwap makes it possible to “unstake” EGLD without any cooldown period. Users can go to AsSwap and exchange their sEGLD to EGLD in a second without waiting, and they can also provide liquidity by locking LP EGLD-sEGLD pairs further to increase the yield of their staked EGLD on Hatom.

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Thanks to our guest for joining the discussion and for all the interesting insight.

EGLD Community hosts Twitter Spaces Roundtables and Live Podcasts every month, so keep an eye out for our next session!

Links:

Website: https://hatom.com/

Twitter: https://twitter.com/HatomProtocol, https://twitter.com/As_Hatom