INTRODUCTION

IN THIS PAPER, WE PRESENT A MULTI CHAIN DEFI PROTOCOL BUILT BY HOBO DAO FOR THE CRYPTO COMMUNITY.

OUR MISSION IS TO SOLVE THE ISSUES OF SECURITY AND CENTRALIZATION ATTACKING THE DEFI ECOSYSTEM, WE WISH TO MAKE DEFI EASILY ACCESSIBLE TO THE MASSES

THE HOBO PROTOCOL IS A NON CUSTODIAL DEFI PROTOCOL FOR LIQUID STAKING OF PROOF OF STAKE CRYPTOCURRENCIES, AN AMM FOR STABLE COINS AND ERC 20 TOKENS.

THE PROTOCOL ALSO ENABLES EVERYONE TO EARN PASSIVELY BY STAKING VARIOUS ERC 20 TOKENS AND LP TOKENS TO EARN HIGH YEILD.