Helio Protocol reinvents the concept of stablecoins with its HAY destablecoin. Its architecture is aimed at eliminating all major risks associated with collateralization and centralized control over s...
Tag: Destablecoin
Helio Rethinks Stability for Global Crypto Ecosystem with HAY destablecoin
Stablecoins are popular. In fact, they are so widely used, major regulators are coming down hard on the stablecoin industry. There is every reason for both regulators and investors to be suspicious of...
BNB-Based HAY ‘Destablecoin’ Loses Peg Following Ankr Exploit
BNB Chain-based Destablecoin HAY has lost its $1 peg as a result of the exploit of Ankr Protocol. The team stated that they would provide an update soon. Market data shows that HAY, a ‘destablecoin’ o...