Hatom
Crypto Overview
Overview
Hatom Protocol is a DeFi lending and borrowing protocol built on the MultiversX (formerly Elrond) blockchain. The HTM token is used for governance and fee sharing within the protocol.
Purpose and Utility
The primary purpose of HTM is to serve as a governance token for the Hatom lending protocol, allowing holders to participate in decision-making regarding protocol parameters and receive a share of the protocol's revenue.
Business Model
The protocol generates revenue through lending and borrowing activities, with interest being charged on loans. The fundamental business model revolves around traditional DeFi lending practices, which involve charging interest on loans.
Real-World Adoption
Hatom has achieved notable adoption within the MultiversX ecosystem, with significant total value locked (TVL) in their lending pools. The protocol has integrated with various MultiversX projects and maintains active development.
Development Activity
The project maintains regular updates and improvements to the protocol, with an active development team and consistent protocol enhancements.
Token Distribution
The token distribution includes allocations for team members, development, and community incentives. Specific vesting schedules are in place for team allocations.
Crypto Impact
To assign a comfort level investing in Hatom from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Hatom.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.