Destablecoin HAY – Time To Buy Crypto

Is it a good time to buy Destablecoin HAY right now?

Current Price: $1.00

Average Daily Volume

Destablecoin HAY is currently ranked number 504 worldwide with a daily trading volume of $247,965.00, which it will make it not so easy for you to sell your holdings of Destablecoin HAY.

Rating: 0/5

Market Cap

Destablecoin HAY has a total market cap of $42,151,561.00.

Rating: 3/5

Community

Destablecoin HAY has 22,874 total followers in all its social media accounts.

Rating: 0/5

All Time High

Destablecoin HAY is currently -49.97% from its highest price $2.00 on 2022-08-25.

Rating: 4/5

Price Potential

The Destablecoin HAY price has the potential to increase to $1,106.67 during the next cryptocurrency bull market, which may occur within the next five years.

Overall Score

Our algorithm believes it is an excellent time to invest in Destablecoin HAY right now.

Overall rating: 2/5

How to buy Destablecoin HAY today?

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What Is Destablecoin 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.

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