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Hyperstable

Hyperstable

Project

Over-Collateralized Stablecoin Protocol

hyperliquidDeFiStablecoin ProtocolStablecoins
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About

Hyperstable is a crypto-backed, over-collateralized and decentralized stablecoin that's designed to trade at one US Dollar. PEG is Hyperstable's utility token Borrowers: Mint USH against supported Collateral Types Liquidity Providers: Farm and earn PEG tokens by providing liquidity on AMM's like Curve and staking their LP tokens. PEG holders: Lock their tokens into vePEG to earn all protocol revenue generated via Interest and Liquidation fees, receive Incentives, Vote on Emissions and get protected from dilution via Rebases.

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Founded
2024 · 2y