HAY/FRAX
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.
Score | 46 |
|---|---|
24h Vol | $17.75 |
Liquidity | $511.14 |
Holders | 28K |
Audits | |
Age | 3 years |
FDV | $74.2M |
Market Cap | $74.2M |
| Addresses | |
|---|---|
| Pool | |
| HAY |  |
| FRAX | |
HAY to FRAX Converter
Score | 46 |
|---|---|
24h Vol | $17.75 |
Liquidity | $511.14 |
Holders | 28K |
Audits | |
Age | 3 years |
FDV | $74.2M |
Market Cap | $74.2M |
About Hay Stablecoin (HAY)
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.
Other Pools Trading Hay Stablecoin (HAY)
HAY/FRAX Price Stats
The current price of HAY (HAY/FRAX) on THENA is $0.9883, the price is up -0.92% in the last 24 hours. Its 24-hour trading volume is reported to be at $17.75 with a total of 6 transactions. HAY/FRAX contract address is 0x04d6115703b0127888323f142b8046c7c13f857d, with a Fully Diluted Valuation (FDV) of $74.21M and a liquidity pool of $511.14.
