EverHarbor Finance

Empowering Growth with Low-Interest Liquidity

About Us

Empowering Digital Finance: Unleashing the Potential of CHIA Ecosystem through Innovative Decentralized Financial Solutions

Navigating Opportunities, Redefining Possibilities

The professional and unique design sets EverHarbor apart

  • Diverse Collateral and Low-Interest Loans
  • Dual-Token Mechanism and Green Energy Consensus
  • Future Expansion and Ecological Development Plans

EHF (EverHarbor Finance) is a decentralized financial protocol established on the Chia Network (CHIA) ecosystem. With support for diverse collateral, EHF provides users with more options, allowing them to pledge ETH or BTC to borrow the stablecoin HUSD. This facilitates liquidity for digital assets and reduces users' borrowing costs through a low-interest loan mechanism.

By introducing the EHFT token incentive mechanism, EHF further enriches its economic model. Users participate in community development by mining, sharing in the platform's success, creating a more collaborative and community-engaged ecosystem. EverHarbor is committed to providing innovative financial tools for CHIA ecosystem users, promoting the appreciation and circulation of digital assets.

Features

EverHarbor's Distinctive Advantages and Forward-Thinking Eco-Development

Low-Interest Loan

Low-interest loan mechanism to reduce user borrowing costs and foster increased participation in the DeFi ecosystem.

Diverse Collateral

Supporting a diverse range of collateral, enabling users to engage in lending and borrowing with a variety of assets. Currently supporting cross-chain BTC and ETH integration with the Chia network.

Dual-Token Mechanism

Employing a dual-token mechanism, utilizing internal tokens for ecosystem incentives and governance, driving sustainable platform development.

Green Energy Consensus

Prioritizing a green consensus mechanism, leveraging the Proof of Space and Time algorithm for an energy-efficient and eco-friendly blockchain ecosystem.

Eco-Development Plan

Facilitating the expansion of coin functionality through internal puzzles, providing possibilities for innovative blockchain applications in the future. All coin outputs inherently contain a set of conditions, allowing seamless interoperability even without explicit design.

Security and Traceability

Designed based on CLVM, modifications to smart coin puzzles result in changes to the coin hash, ensuring enhanced security and auditable traceability. The security of smart coins extends beyond technology to encompass user protection mechanisms, ensuring the safety of user assets.

Tokenomics

Strengthening EHF's Sustainability Through Dual-Token Mechanism

HUSD, stablecoin

Issuance Mechanism

HUSD is issued by users pledging ETH or BTC, and its issuance is directly tied to the collateral value pledged by the user. Users can deposit a certain amount of ETH or BTC and receive corresponding HUSD based on the collateralization ratio.

Low-Interest Lending

EHF adopts a low-interest lending policy, allowing users to borrow HUSD without incurring high-interest rates, and also offering rewards in the form of platform tokens. This feature enables users to use lending services more effortlessly and economically.

EHFT, Utility Token

Total Supply

The total supply of EHFT is 1 billion, with 20% allocated to the Sponsor, 10% to the product technical team, 10% for marketing promotion, and the remaining 60% gradually released to the community users through mining rewards.

Mining Rewards

Users have the opportunity to receive EHFT mining rewards by participating in operations such as deposits, loans, liquidation, and providing liquidity to the liquidation pool. Mining is a way for the platform to encourage user participation in community development and a part of users sharing in the platform's success.

Governance Rights

EHFT is the governance equity token of the EHF platform. Holders are eligible to participate in platform governance decisions, including voting to support or oppose proposals, participating in parameter adjustments, allowing users to more deeply engage in the platform's future development.

Community Incentives

A portion of EHFT tokens is used to incentivize community development by rewarding users who propose innovative ideas and actively participate in discussions, promoting the healthy growth of the community.

Frequently Asked Questions

Low-interest Lending Logic: EHF implements a low-interest lending policy, allowing users to borrow HUSD without incurring high-interest rates, and also providing rewards in the form of platform tokens. This policy aims to enhance user experience and attract more participation in lending activities.

Platform Profit Mechanism: The platform generates revenue through mining fees, liquidation pool fees, and the execution of governance proposals. The low cost and high efficiency of the Chia network ensure the feasibility of this model.

Diverse Collateral Support: EHF introduces support for diverse collateral on the Chia network, including not only traditional assets like ETH but also Bitcoin (BTC). This provides users with more choices and greater flexibility in managing digital assets.

Low-Interest Loans: Unlike traditional CDP models, EHF adopts a low-interest loan policy, sparing users from the burden of high-interest rates. Aligned with the low-cost, high-efficiency characteristics of the Chia network, it offers users a more attractive service.

Smart Contract Security: Leveraging the security of smart contracts within the Chia network, EHF undergoes multiple rounds of security audits to ensure the safety of user funds at the smart contract level.

Decentralized Governance: The platform employs a decentralized governance mechanism where EHFT token holders vote, ensuring fairness and transparency in decision-making. The decentralized nature of the Chia network enhances platform security.

Return Depends on Market: Users' expected returns on the EHF platform are influenced by market fluctuations and user operations. The platform strives to provide profitable opportunities, but users should understand the inherent risks, and actual returns may vary due to market volatility.

Investment Risks: All investments come with risks, and users should thoroughly understand market conditions and their risk tolerance before engaging in platform operations.

Social Value of Green Energy: Chia's green consensus mechanism aligns with the environmentally friendly vision of EHF, making it more appealing in a society emphasizing environmental sustainability.

Performance and Scalability: The CHIA ecosystem offers higher performance and broader scalability, supporting more users and complex smart contracts, providing EHF with greater development possibilities.

Low Transaction Costs: The low transaction fees on CHIA benefit users by enabling more cost-effective operations. EHF leverages this feature to offer more affordable financial services.

Ecosystem Diversity: The thriving CHIA ecosystem provides EHF with more opportunities for collaboration and development, contributing to the creation of a more diverse decentralized financial ecosystem.