CryptoCurrencies
10166
Exchanges
500
Total Market Cap
2,389,349,351,870
Volume 24h
176,452,213,509
Dominance
BTC 52.28%   ETH 15.38%   USDT 4.57%   BNB 3.53%

Destablecoin HAY
HAY

0.9719
$
0.01 %
Change 24h
Market Cap
$ 64,234,187
Volume 24h
$ 920,566
Circulating Supply
65,992,241
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.