HADES Hades Money

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API ID hades-money
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Contracts & Explorer(s) 0x88c...ff3cf
Websites Website
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About HADES

Hades Money is Algorithm stable coin pegged to $Metis, built on Mertis.

$HADES is not pegged to a stable coin— it is instead pegged to $METIS. Hades.money believes in the potential of Metis Andromeda, and has chosen to align its mission to both provide value to and derive value from $METIS future growth. $HADES aims to become the main medium of exchange on Metis Andromeda: this will be achieved by providing a mirrored, liquid asset to $METIS. One of the primary shortcomings of past algorithmic tokens has been a lack of use cases, leaving no good reason for somebody to want to use or hold them. In order to successfully maintain the peg in the long-run, the Hades team will maintain a focus on innovation around enhanced functionality and use cases.

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