Stablecoin Information
HAI is a low-cost, dollar-denominated protocol on the Optimism network, featuring a collateral-backed system coin, dynamic value transfer balancing via a PID controller, and a Global Settlement mechanism for equitable collateral redemption
Category:crypto-backed
Minting and Redemption
HAI is minted from over-collateralized debt positions (CDPs). Every HAI token in circulation corresponds to a greater amount of collateral locked by individual protocol users. Users can mint or burn HAI, depending on their collateral's value.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.62% | -8.01% | -14.45% | 300,256.16 |