Helio Protocol (lisUSD)

Total Value Locked

$255.76m

Chain Breakdown
BSC	$255.76m

Protocol Information

Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on HAY —a new BNB backed over-collateralized destablecoin. The protocol aims to position HAY as the leading decentralized destablecoin protocol 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.

Category:CDP

Forked from:MakerDAO

Audits

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Development Activity

(updated at 19/04/24)

Weekly commits:
Monthly commits:
Weekly developers:
Monthly developers:

Last commit: a few seconds ago (2024-04-19)

Token Information

Address:0x0782b6...dc41E5

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Methodology

TVL: count the amount of ankr BNB in the vault

TVL code

Competitors

Abracadabra ($102.12m)Overnight USD+ ($67.3m)Angle ($30.87m)QiDao ($26.63m)Overnight USDT+ ($6.43m)MakerDAO ($5.873b)JustStables ($1.247b)Liquity ($688.15m)crvUSD ($187.77m)Thorchain Lending ($172.79m)