# 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.

## Price Data

- **Current Price**: $1.00
- **Market Cap**: $76.19M
- **Fully Diluted Valuation**: $76.19M
- **Circulating Supply**: 76.33M HAY
- **Total Supply**: 76.33M HAY

## Price Changes

- **24h**: -0.00%
- **30d**: +0.00%
- **90d**: +0.00%
- **365d**: -0.00%

## Chain Availability

Available on: binance-smart-chain

## Resources

- [Website](https://helio.money/)
- [Discord](https://discord.com/invite/k5JZVQYpUn)
- [Coingecko](https://www.coingecko.com/en/coins/helio-protocol-hay)

## Links

- [View on Zerion](https://app.zerion.io/tokens/HAY-84855993-579e-4c69-a15e-50bc72e8ceaa)
- [Trade on Zerion](https://app.zerion.io/tokens/HAY-84855993-579e-4c69-a15e-50bc72e8ceaa)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset