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.
0x0782b6d8c4551b9760e74c0545a9bcd90bdc41e5Trading volume and liquidity
24h volume $816.34K · Total token liquidity $3.86M。
Volume / current liquidity 21.17%
Volume is a flow over a period; liquidity is a stock at a point in time.
Supply and valuation
Circulating market cap $75.06M · FDV $75.06M。
The two valuations are not yet comparable; their original values are shown separately.
