On September 24th, Hydration, the DeFi protocol with the largest total hedging value in the Polkadot ecosystem, officially launched its native stablecoin HOLLAR on the 22nd. HOLLAR is a decentralized, over-collateralized stablecoin anchored to the US dollar, and its reserve assets include mainstream cryptocurrencies such as DOT, ETH, and BTC.
9月24日消息,Polkadot生态中总锁仓价值最大的DeFi协议Hydration于22日正式推出了其原生稳定币HOLLAR。HOLLAR是一种锚定美元的去中心化、超额抵押稳定币,其储备资产包括DOT、ETH和BTC等主流加密货币。
Hydration has announced the launch of Hydration Money Market, a decentralized lending platform. The new platform allows users to offer cryptocurrencies as collateral, earn interest on deposits, and borrow various crypto assets. The platform is built on top of the Polkadot blockchain and emphasizes the efficiency and innovation of the decentralized finance (DeFi) ecosystem. Hydration introduces on-chain priority clearing, a mechanism designed to minimize losses and prevent exploitation during liq...
Hydration, the Polkadot ecosystem DeFi project, announced that it has received 2 million DOT tokens (approximately 14.40 million USD) from the Polkadot treasury. The funds will be dedicated to enhancing the liquidity and transaction efficiency of Omnipool, Hydration's unilateral liquidity supply platform. It is reported that 1 million DOT will be spent in a year to attract new liquidity into the Polkadot ecosystem, and the initial reward for liquidity providers (LPs) will exceed the 200% APY mar...
Polkadot 生态 DeFi 项目 Hydration 宣布,已从 Polkadot 国库中获得 200 万枚 DOT 代币(约合 1440 万美元)。这笔资金将专门用于增强 Hydration 单边流动性供应平台 Omnipool 的流动性和交易效率。 据悉,一年内将花费 100 万个 DOT 来吸引新的流动性进入 Polkadot 生态系统,流动性提供者 (LP) 的初始奖励将超过 200% APY 大关。得益于 Hydration Omnopool 的单边 LP ...