Haust Network: Reshaping DeFi through Cross-Chain and Native Yield - TOKEN2049 Singapore 2024

hello everyone my name is Dennis nice to see you I hope you're not sleepy too much after the lunch today we're going to talk about simple and secure multi-chain yell and first of all I would like to start with a small story you know yesterday on the panel on the main stage the CEO of the Circle together with Vitalia ban was speaking about future of crypto within like three years and they were talking about like we as soon as we're going to use the services in crypto as we use them on the basic with with the main Utilities in the internet now like everything is going to change but what I want to say today we don't need to wait for another three years because house will deliver it today so yesterday they also confirmed that the challenges we face now they're almost eliminated but still we have a lot of platforms different crossbridging transactions complicate interfaces but a lot of people I'm sure would like to participate ipate in defy Market but by the way I have a question have you ever tried to use and earn some money in defi Market but what if I say that I will deliver a tool an application an ecosystem which every housekeeper can use and earn some money in crypto would you have to try it yes I can see some of you would so let me tell tell you how House Network eliminate all the challenges you faced on the previous slide so all these green marks I delivered you through the seamless ecosystem and I will show you how this ecosystem works and first of all let me show you the next slide so here you can see the basic infrastructure structure backed by the house Network and first of all House network is extremely secure platform because we've integrated the polygon Z key evm um SDK which mean it works on the ZK rollups the most secur rollups on the internet we know now on top of that we placed um the near uh data availability later which helps us to securely back up all the data we transact with different blockchains and inh House Network as well besides that polygon announced the a layer the solution which is House Network the first application integrate um ever you can see the polygons announced that the House Network like is the first project who is using the ug which helps users seamlessly breach uh tokens and assets within L1 L2 and all evm blockchains within a second and it's very easy for users who never integrated or never connected never used defy tools to enter the market this is really cool and another thing uh which is on top of that is account obstruction which helps us to implement social recovery tools so you don't even need to um be very upset if you lost your private keys I'm sure a lot of you maybe faced these issues before and also you can use use multi signatures within the application which are quite complicated to use it if you don't have any special Tech skills now it's available you know for networks for people who want to use extremely uh an extra security or multi signature for different purposes in their business in their networking or it maybe you know big deals or something they want to implement on a daily BAS bis and all of that is in House Network and as you can see on the screen we've um implemented the house Tory set of smart contracts which I'll show you on the next slide but first of all um there are a bunch of s things uh with the bridge and a so house storus how do they work everything is connected um with House story networks which will basically launch with binance chain ethereum chain and polygon network of course this means so whenever you deposit funds on the house native Network they going to be at automatically distributed among these networks and we generate the best yield from the liquidity protocols available now so this is how multi-chain yeld will be gained for example you just deposit I don't know $100 on the House Network you're going to be so 100 H usdt will issued in the native Network and as soon as you deposit them this money will be distributed for example in ethereum network if you transfer money from from that one but we'll hedge the funds and distribute rewards accordingly to your deposit from all the networks connected to the House Network which will do and expand very fast because of the near da and polygon is Decay they allow us to um scale very fast um and as you can see for example wallet one which goes through the evm network depositing usdt going through house Hub tokens um distributed and then you have AG tokens plus profit so that's the basic thing of house warri contracts and everything is hidden under the hood which is very extremely important for new users for people who is not related to defy but would love to experience some gains out of it so house products include the wallet the protocol and the deck everything inside one pocket you can easily swap send and receive and for example you don't want to use House Network okay up to you you can use the wallet just for swaps for sending receiving because as aggregated layer the ug layer integrated into the app this is a perfect bridge for you to swap and transfer asset between different networks so this is just a cool tool in crypto because you know we're actually a community-driven project and we are users ourself so first of all we're doing this network and this application in terms of we want to use it ourself and every feature all tools everything is integrated because of our experience the latest Technologies we see on the market and we want to implement it and share with people so the wallet now uh is going to look like this it is a non codel wallet it's really cool as for me and I'm actually waiting for its Lounge so much to start using it just to be honest and it um has as I as I said all tools and an extra thing I would tell you for example you can have even double yelled using House Network application for example you deposit some money from binance chain into house and you receive I don't know 1,000 H usdt tokens and you will start automatically gain yeld from the best protocols and at the same time you don't have a lot of these assets as you have on the I don't know on Leo or other or a or other protocols uh you can immediately for example lend this money to someone else and gain um extra yield or you can swap it withdraw and receive all rewards which was distributed within the time you you use this asset in the wallet so also with in integ created some extra features in the wallet this is soall not air drop which we um want to want to launch the same with the app but I will not show any screens or anything like that let it be some mystery for the future but what I want to see it's going to work like um human free ruffle based on the blockchain hashes in the House Network which going to um and users of the House network will going to participate in this automatically we want to uh try to reduce you know Bo farming and unnecessary movement in the token air drops which was before we want to make it more transparent and you know available for everyone it's going to be cool with jackpots free Raffles and everything you're going to see it soon and next one so to implement all the stuff you know we got the best from the market gateway and N uh the developers uh which we unite and with house Labs we control over the things and these guys are really cool of course collaborating with polygon and using and using their SDK is super cool we believe this technology will be boosting Within These Years especially by agare which will unite all the networks and will bring the seamless usage of the application and transferring asset as if you just use your you know usual banking app or anything like that and we are really happy to bring it this all together in one application and deliver to you so in a few words so the Q4 will be a very promising and interesting period for House Network as we're going to launch main products and going to continuously add new networks as soon as some cool Networks will appear with good API good platforms house will expand on that you know like doing uh a symbiotic integration around the market so basically that's what I wanted to say today thank you so much for your attention hope it's good for you to know some insights from house keeping posted subscribe and follow us thank you so much have a great day bye