Helios Protocol
The revolutionary USD over-collateralized destablecoin backed by BNB.
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 or BUSD as collateral, which can then be used to stake for yield, liquidity mining and as a means to transfer value.
CypherHunter Plus
Subscribe to distraction-free reading, and unprecedented access to our data.
