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Picture a unique opportunity; a robust, technologically advanced blockchain ripe with potential and an engaged community ready for the next leap forward.
Enter Hatom, a trailblazing team harnessing this opportunity to elevate the MultiversX network as the foremost choice in the transition to DeFi.
A Visionary Approach by Hatom Team
The Hatom team, ever forward-thinking, identified a significant missing piece: a Lending Protocol. Responding to this, they embarked on a thorough analysis of the community and designed a strategy to deliver consistent and powerful results.
They are dedicated to delivering value and upholding a resilient, long-term value proposition, never wavering from their ambitions.
Partnering with the Perfect Development Team
After immense effort, a roadmap was born. The challenge lay in identifying a team that shared the same drive, was capable of the task, and demonstrated long-term commitment.
Who could develop in MultiversX?
“Most teams we’d contacted had provided us with unrealistic timelines, and it didn’t seem like they had the required competencies.” Ahmed Serghini, Co-CEO & COO, Hatom Labs
A challenge? Not for Rather Labs
We curated a tailor-made team that took the reins of the project, bringing strategic acumen to every aspect and reducing the learning curve for new technologies.
"We knew Rather Labs stood apart based on their portfolio and expertise. After our meeting, it was clear they were the right choice and all their accolades were well-earned.” Ahmed Serghini, Co-CEO & COO, Hatom Labs.
Hatom successfully achieved +200M USD TVL catapulting the MVX blockchain into the top 18 blockchains by DeFi TVL
Solution
In March 2022, Hatom Labs became part of the Rather Labs family. They engaged us to develop the first version of a decentralized lending protocol using Devnet.
In December 2022, we launched the first Lending Protocol within the MultiversX ecosystem on Devnet.
In July 2023, the Lending Protocol and Liquid Staking features became available on the Mainnet, achieving $50+ million TVL in less than an hour from the release!
Detailed review of the implementation of Compound protocol, including parameters and security features.
Understanding all the mechanisms in Compound
Transpolate Compound's design to Elrond.
Contracts design.
Design of the governance contracts.
Writing of design documentation.
Development & Testing
Writing of Elrond smart contracts in Rust.
Web3 integrations with Elrond wallet for all actions.
Deployment & testing of all the smart contracts in the Devnet.
Development of the Staking Yield smart contract
Documentation & Auditing
Liquidation bot functionalities
Providing support to the security audits.
Fixing critical & high-security vulnerabilities.
Audit and risk assessments for the new Price Oracle
Web3 Interface - Deployment & Testing
Deployment in Devnet.
Lending protocol
Set of contracts (controllers, oracles, etc..).
Initial money markets.
Reservoir and funding with tokens.
Configure all required contracts to a functioning state.
Development of scripts
New money markets.
Funding reservoir.
Incentivizing specific money markets.
Configuring Rewards distributing rate.
Staking Yield smart contract.
Our CTO Represented Hatom in MultiversX's Inaugural Conference at Paris
Partnering with the Perfect Development Team
With six audits to its name, Hatom is the most audited protocol in the MultiversX blockchain.
A Commitment to Continuity
Through persistence and perseverance, we have built a relationship of trust for the long haul.
Riding on this victorious partnership, we're primed to turbocharge the MultiversX network, innovating a multitude of new features designed to enhance and secure user experience in the near future.
Our Team Leadership
They’ve worked closely with different members of our company:
Supervisors
“The team is highly competent, resourceful, always on the pulse, and ready to address any situation that might arise promptly.” Co-CEO & COO, Hatom Labs Ahmed Serghini
Federico Agustín Caccia
CEO
Franco Scucchiero
CTO
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