01
Lender
Supply without revealing balances or allocations.
ENCRYPTED FINANCE ON SOLANA
Borrow and lend without exposing your position.
Transparent market rules. Encrypted participant positions.
Design target
Decentralized credit with encrypted positions.
Rules stay transparent. Positions stay confidential.
02
Borrower
Post collateral and draw credit without revealing exposure.
03
Liquidator
Execute bounded liquidations with committed capacity.
Market configuration
Set access before launch.
Choose an open or verified market without making positions public.
How market policy is established
01
Design together
Define assets, access, disclosure, risk limits and reporting.
02
Lock at launch
Fix contract code, access and disclosure policy at deployment.
03
Manage bounded risk
Keep permitted risk updates transparent, bounded and timelocked.
Material policy changes require a new market and voluntary migration.
Shape the first market
What must ship first?
01
Participation — Role, assets, and 90-day capital.
02
Encryption — Encrypted positions, authorized access, and liquidation disclosure.
03
Pilot readiness — Access model, required controls, owner, and timing.
Risk stays transparent
Decentralized does not mean risk free.
Noncustodial design can reduce intermediary risk, not eliminate it. Smart contract, oracle, liquidity, governance and liquidation risks remain. Hammock intends to publish parameters, controls, dependencies and loss allocation before launch.
Current stage
Help define what ships first.
Forming a nonbinding cohort for lenders, borrowers, and liquidators.