Abstract
Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on HAY destablecoin — a new asset class that is over-collateralized with liquid staked asset BNB.
The protocol aims to position HAY as the leading destablecoin in the BNB Chain ecosystem, by leveraging Proof-of-Stake (PoS) rewards, liquid staking and yield-bearing assets.
Helio Protocol will operate as a DAO, where the community will govern the protocol’s treasury, revenue pool and future direction.
Last modified 1yr ago