HAY
+0.05%
($61.24 M)
46.63%
20.20%
20.00%
3.31%
1.69%
1.62%
0.87%
0.66%
0.66%
0.56%
In the last 24h, HAY holders generated $914.00k volume.
Developed on the BNB Chain, Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on HAY, which is a “destablecoin”
Destablecoin a new asset class that is over-collateralized with liquid staked assets. In other words, HAY is an over-collateralized destablecoin, where 1 HAY is always redeemable at $1 of cryptocurrency, and over-collateralized by BNB. Users can mint and borrow HAY by providing BNB as collateral, which can then be used to stake for yield, liquidity mining and as a means to transfer value.
Following the launch of our governance token, HELIO, Helio Protocol will operate as a DAO, where the community will govern the protocol’s treasury, revenue pool and future direction.
2.39 M
We estimated the value of this pool based on the value of its stable/native coins.
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