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Hubble Protocol

This proposal will outline a mechanism to protect loans from liquidations via an auto-deleveraging mechanic on loans.  As the Solana price dropped over 50% in 10 days, liquidations became, for the first time, a reality to a large number of Hubble users. Since launch, 314 liquidations have occurred on the platform, 244 of which occurred in May. From 2 to 12 May, a total of $1.7M worth of debt was liquidated.      For a deeper look at liquidation statistics over this period, read the Hubble Stress...

Liquidation Protection Mechanism

Telegram

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