CryptoCurrencies
10242
Exchanges
500
Total Market Cap
1,126,407,256,949
Volume 24h
99,355,726,423
Dominance
BTC 47.55%   ETH 17.68%   USDT 7.40%   BNB 2.92%

Destablecoin HAY
HAY

1.000
$
0.21 %
Change 24h
Market Cap
$ 38,726,777
Volume 24h
$ 1,099,730
Circulating Supply
38,725,855
Total Supply
38,903,033
HAY
$
# Exchange Pair Price Volume 24h

Description

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.