HAY Helio Protocol

$1.0153

Time Interval :

Time Range :

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Rank #N/A
Market Cap 0.00% $38,174,706
24H Spot Volume 0.00% $0.672271
24H Volume / Market Cap -
Circulating Supply 37,599,049.85
Total Supply 39,282,745
Max Supply 44,000,000.00
Fully Diluted Valuation $44,673,657
API ID helio-protocol-hay
Project Start Date Aug, 2022
Contracts & Explorer(s) 0x078...c41E5
Websites Website
Links

About HAY

Helio Protocol is an open-source liquidity protocol on BNB Chain for borrowing and earning yield on $HAY, which is a “destablecoin”.

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 is 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 the governance token, $HELIO, Helio Protocol will operate as a DAO, where the community will govern the protocol’s treasury, revenue pool and future direction.

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