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 | -1.96% | -5.54% | -15.16% | 331,637.21 |