HAY/BUSD Price Stats
The current price of HAY (HAY/BUSD) on Pancakeswap (Stable) is $0.9988, the price is up +0.08% in the last 24 hours. Its 24-hour trading volume is reported to be at $110.75K with a total of 20 transactions. HAY/BUSD contract address is 0x49079d07ef47449af808a4f36c2a8dec975594ec, with a Fully Diluted Valuation (FDV) of $41M and a liquidity pool of $6.16M.
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.