# About Hann Finance

This page gives you a high-level mental model of **USDHN (CDP borrowing)**, **bKAIA/HNKAIA (Kaia LST utilities)**, and the **StableSwap DEX**—and how they connect in one product flow.

{% hint style="info" %}
**Not investment advice** — Hann Finance is DeFi. You can lose funds due to liquidation, depegs, slippage, or smart contract risk.
{% endhint %}

## At a glance

* **Borrow:** Deposit collateral and mint **USDHN** (a USD-pegged asset).
* **Earn:** Deposit USDHN into **Earn (Stability Pool)** to receive protocol-driven rewards.
* **Swap:** Use **StableSwap DEX** to trade stable assets with low slippage and support USDHN liquidity.
* **Stake:** Use **bKAIA/HNKAIA** to keep KAIA exposure while using staking mechanics (where applicable).
* **Automate:** Use **Zappers** to bundle approvals, swaps, and Trove actions into one flow.
* **Bridge (OFT):** **USDHN** and **HNKAIA** include OFT-style cross-chain transfer functionality.

## One diagram: how the pieces fit

{% @mermaid/diagram content="flowchart LR
U\[User] -->|Deposit collateral| T\[Trove: CDP position]
T -->|Mint| S\[USDHN]
S -->|Deposit| E\[Earn: Stability Pool]
S -->|Swap / LP| D\[StableSwap DEX]
U -->|Stake KAIA / wrap LSTs| L\[bKAIA / HNKAIA]

Z\[Zapper: automation] -.->|One-click routes| T
Z -.->|Swap routing| D

style U fill:#B0BBF4,color:#333,stroke:#4C5FD5,stroke-width:2px
style T fill:#4C5FD5,color:#fff,stroke:#3A49C5,stroke-width:2px
style S fill:#EEFBA0,color:#333,stroke:#D1F24A,stroke-width:2px
style E fill:#D1F24A,color:#333,stroke:#B8DA2C,stroke-width:2px
style D fill:#B0BBF4,color:#333,stroke:#4C5FD5,stroke-width:2px
style L fill:#EEFBA0,color:#333,stroke:#D1F24A,stroke-width:2px
style Z fill:#3A49C5,color:#fff,stroke:#4C5FD5,stroke-width:2px" %}

## What you can do with Hann Finance

{% tabs %}
{% tab title="Mint USDHN (CDP)" %}
You open a **Trove** by depositing collateral and minting USDHN against it.

* Your position is non-custodial, but it can be liquidated if it becomes unsafe.
* Your risk depends on collateral volatility, your collateral ratio, and system conditions.

Next: [Borrowing & Liquidation](https://hann-finance.gitbook.io/hann-finance/protocol/borrowing-and-liquidation)
{% endtab %}

{% tab title="Earn with USDHN" %}
You can deposit USDHN into **Earn (Stability Pool)** and receive rewards funded by protocol activity.

* Earn is not risk-free: during liquidations you may receive collateral instead of pure USDHN.

Next: [USDHN & Earn](https://hann-finance.gitbook.io/hann-finance/protocol/usdhn-and-earn)
{% endtab %}

{% tab title="Swap / LP on StableSwap" %}
StableSwap is designed for **stable-to-stable** or **near-stable** pairs (e.g., USDHN and other stable assets), aiming for low slippage.

* You can swap, provide liquidity (LP), and sometimes stake LP (if enabled).

Next: [StableSwap DEX](https://hann-finance.gitbook.io/hann-finance/protocol/stableswap-dex)
{% endtab %}
{% endtabs %}

## What to read next

* Practical flow: [Borrowing & Liquidation](https://hann-finance.gitbook.io/hann-finance/protocol/borrowing-and-liquidation)
* If Troves feel unfamiliar: [Trove Concepts Deep Dive](https://hann-finance.gitbook.io/hann-finance/resources/deep-dives/trove-concepts)
* Peg mechanics: [Redemptions & Risk](https://hann-finance.gitbook.io/hann-finance/protocol/redemptions-and-risk)
* Automation: [Zapper Guide](https://hann-finance.gitbook.io/hann-finance/protocol/zapper)
* Terms: [Glossary](https://hann-finance.gitbook.io/hann-finance/overview/glossary)
* Deeper mechanics (optional): [Concept Deep Dives](https://hann-finance.gitbook.io/hann-finance/resources/deep-dives)
