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