Haust Network: A Unified DeFi Ecosystem
Last updated
Last updated
Haust’s testnet is now live and the mainnet is on the horizon, with that, a new era in DeFi is ready to unfold.
Haust is gearing up to deliver a truly all-in-one ecosystem that combines every key DeFi product—wallet, lending, DEX, staking—into a single, cohesive platform.
Rather than a fragmented, feature-by-feature rollout, Haust has designed a unified experience from the start, enabling users to seamlessly navigate DeFi services without leaving the platform.
Come with us to discover how we are set to change DeFi and how we differentiate from other solutions.
Before we dive into Haust's features and technologies, we first need to understand the reason behind what we are creating. Haust Network was born from a vision to make DeFi accessible, inclusive, user-friendly and truly decentralized for everyone.
While DeFi has enormous potential, it still falls far short of Web2 adoption levels, largely due to the complexities that deter many potential users.
Interacting with Web3 often requires navigating multiple platforms, understanding complex concepts and transferring assets across different protocols just to engage in basic activities like lending, staking or trading.
Having to bridge assets between ecosystems can also create missed opportunities and add risk, as seen by countless bridge exploits in recent years and the big latency encountered in some solutions.
Haust aims to change this by delivering a single, integrated ecosystem that brings simplicity to DeFi. Our platform is designed to abstract away the technical challenges, so users feel like they’re engaging with a familiar Web2 service.
Our commitment to users also shapes Haust’s community-focused approach. In contrast to the recent wave of projects driven by short-term gains and inflationary token models, Haust prioritizes sustainable, user-first growth.
Rather than aligning primarily with venture capital interests that may prioritize early profits, Haust is built to empower its community and ensure long-term value.
You may be familiar with DEXs by now, it allows users anywhere in the world to trade crypto without an intermediary, it’s directly integrated with Haust’s wallet.
Haust’s lending protocol offers users access to large liquidity pools, allowing them to earn interest by supplying assets or to borrow assets with both variable and stable rate options in a simple user-friendly interface.
The Haust Wallet is a non-custodial wallet with enhanced UX that brings everything into one interface, allowing users to easily send, receive, swap, supply, borrow and earn rewards.
Powered by Account Abstraction (AA), it combines flexibility and security with a Web2-like experience. Users can log in using simple methods (e.g., fingerprint ID), set up custom security rules (like spending limits or automatic payment setups and co-recover wallet, which means trusted third party can help recover the account) and enjoy smooth interactions without needing complex key management.
With AA, Haust Wallet brings the convenience of TradFi to DeFi, making it accessible even for newcomers.
Built as a layer 2 EVM-compatible structure, Haust’s blockchain is powered by zk-rollups, ensuring scalability, security and privacy.
It integrates components like AggLayer, NEAR DA, Nuffle Fast Finality Layer (NFFL) and Account Abstraction for ease of use, we’ll see more about them in an upcoming section.
Haustoria is an asset management system, designed to simplify yield farming across multiple DeFi protocols.
Think of it as an automated portfolio manager that strategically deploys users funds across secure and high-yield DeFi programs on various supported networks.
This approach takes the complexity out of yield farming, allowing users to earn passively without managing individual protocols or facing high risks.
Here’s a resume on how Haustoria works:
Automated, Risk-Adjusted Allocation: When users deposit assets into Haustoria, the system distributes these funds across yield-generating DeFi programs based on predefined risk parameters.
This balance of yield optimization and risk minimization ensures users can earn safely, without the need to manage multiple assets or protocols.
Tokenized Representation: Every deposit is represented by hTokens within the Haust Network, which reflect the user’s share of the assets managed in Haustoria.
The hTokens auto-rebase to show the updated yield balance, making it easy for users to track their earnings in real time.
Hands-Free Passive Income: Haustoria handles everything in the background, continually reallocating assets to maximize returns.
Yield generated from multiple DeFi programs is automatically funneled back to users as passive income, allowing for effortless growth.
With Haustoria, users can take advantage of high-yield programs across multiple chains, all without needing advanced knowledge or management skills.
Haust Network is built on advanced solutions designed to create a seamless, secure, and efficient DeFi experience.
Each component works together to deliver the speed, security and interoperability essential for a truly integrated DeFi ecosystem. Let’s take a look at them individually.
Haust Network leverages zk-rollup technology to process transactions efficiently while maintaining high security.
In a zk-rollup, multiple transactions are batched and processed off-chain, then verified on-chain through zero-knowledge proofs, which ensure data accuracy without exposing details.
Their approach reduces the load on Layer 1, making transactions faster and significantly lowering fees.
AggLayer enables seamless cross-chain interactions, allowing Haust Network to tap into liquidity across different blockchains.
At its core is a unified bridge, which handles secure token transfers and state synchronization between chains. This single bridge creates a fluid connection between assets on different networks, allowing users to transfer tokens natively and securely without relying on wrapped assets.
NEAR DA serves as a secure data layer, ensuring that transaction data remains accessible and verifiable without overloading the blockchain.
Through efficient block space utilization and scalable storage solutions, NEAR DA helps Haust support high transaction volumes at a low cost.
The data availability layer also improves security by storing transaction data off-chain but keeping it accessible for audits and verification, maintaining a high level of transparency and reliability across the network.
To improve transaction finality, Haust uses the Nuffle Fast Finality Layer (NFFL), which reduces waiting times for transaction confirmation.
Built on restaking mechanisms and cross-chain verification, NFFL ensures that transactions reach finality in seconds.
Haust Network is committed to fostering a community-driven ecosystem that places users at the core of its growth and decision-making. From the start, we’re creating opportunities for community members to actively shape and benefit from the platform’s success.
Through initiatives like the Haust Ambassador Program and planned incentives such as bug bounties, grants and loyalty rewards, Haust is dedicated to empowering its community.
The Haust Ambassador Program is a key part of our community engagement strategy, designed for those passionate about spreading the word about Haust and engaging others in the DeFi space.
Ambassadors play a vital role in helping to grow our ecosystem, supporting our vision, and promoting Haust’s unique offerings within their networks.
In return, ambassadors receive rewards for their contributions, gain early access to platform updates, and have direct input into the future of Haust.
While the Ambassador Program is only the beginning, Haust has several community-focused initiatives on the horizon.
As the platform expands, we’ll introduce a Bug Bounty Program that incentivizes security-minded users to identify and report vulnerabilities, enhancing the platform’s safety and rewarding users for helping to protect the network.
Another prospect is our Developer Grant Program, which will support talented individuals and teams building innovative applications within the Haust ecosystem.
Through these grants, we aim to cultivate a developer community that brings new ideas and solutions to the network, accelerating Haust’s growth and offering even more tools for our users.
Additionally, Loyalty Rewards will recognize and reward dedicated users who actively contribute to the platform, loyalty rewards will provide ongoing incentives for long-term involvement, aligning users’ interests with the network’s success.
Accessibility is key to reaching mainstream adoption in Web3, and Haust Network is achieving this through an integrated suite of features and tools.
Beyond technology, Haust is committed to generating long-term value for its community, standing apart from projects focused on quick profits. Through initiatives like the Ambassador Program, and upcoming grants, bug bounties, and loyalty rewards, Haust empowers users to shape and benefit from the platform’s growth.
Interested in how Haust is set to change DeFi? Stay connected with Haust and join us on this journey toward a more scalable and decentralized web.