Destablecoin HAY hay
Price $ 0.995136
Volume $ 150,636.00
Volume / Market Cap 0.005
Circulating Supply 30,422,046.79
Total Supply 30,450,465.83
Max Supply 1,000,000,000.00
Market Cap $ 30,242,638.00
Fully diluted market cap $ 994,102,677.00
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.
Destablecoin HAY (hay) Price Chart
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News about Destablecoin HAY
Arthur Hayes Says Ethereum (ETH) Merge Still Not Priced In, Lays Out Bottom Scenario for Crypto Markets
BitMEX Founder Arthur Hayes Says Ethereum Rivals Facing Big Fundamental Challenge in Midst of Crypto Winter
Arthur Hayes Questions PoS Ethereum’s Decentralization, Suggests Rising Price
BitMEX Founder Arthur Hayes Says Ethereum Will ‘Definitely’ Outperform BTC, Outlines Danger Zone for Bitcoin Bulls
Crypto Capitalist Arthur Hayes Says Only One Ethereum Chart Matters for Next ETH Bull Market
This Is the Only Chart That Matters Post-Merge, Argues Arthur Hayes
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