🟡 Hoard: Home of USDH 🟡
Introducing the most decentralized stablecoin
Hoard is an ecosystem centered around the $USDH stablecoin and the utility/governance $HRD token - bringing stability and real yield to DeFi, once and for all.
$USDH is a fully decentralized stablecoin backed 1:1 by a basket of algorithmic stablecoins ($MIM, $sUSD, $LUSD, $FEI, $USDD, and more to come). $USDH stakers earn the majority of yield generated from Hoard's collateral yield strategies.
$HRD, the native token of Hoard, serves several purposes within the protocol:
- It can be staked for industry-leading yield from $USDH's low-risk collateral strategies
- Stakers also earn time-decaying protocol emissions
- It can be vote-locked for veHRD to participate in governance decisions and earn exclusive dividends
Decentralized finance is plagued with centralized stablecoins, inflated yield, and unclear incentives. Hoard is an ecosystem centered around transparency, stability, true decentralization, and sustained yield generation.
It's time to prove to the world of DeFi that bowing down to centralized overlords and using them as your collateral isn’t the only way to succeed - we WILL have decentralized money, and the mission starts here.
Welcome to the Hoard.