Hay Stablecoin (HAY) is currently priced at $1.00 USD. The price has decreased 0.03% in the last 24 hours. It has a market capitalization of $75,702,991.981. Fully diluted valuation: $75,702,991.981. Circulating supply is 75,880,225.804 HAY. Total supply is 75,880,225.804 HAY.
$1.00
- 1D
- −0.03%
- 1M
- −0.03%
- 3M
- −0.12%
- 1Y
- −0.45%
Market Cap$75.7M
Fully Diluted$75.7M
Holders29.5K
About Hay Stablecoin
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.