Why HYDT Protocol?
Fixed high yield for stablecoin staking
Earning yield on DeFi is not always easy and predictable, in many case it requires you to hold tokens with high volatility to earn high return.
HYDT Protocol is designed to solve these issues by letting users earn stable high returns on their stablecoin holding, simply by staking stablecoins on our DeFi protocol.
Protocol offers fixed 16-30% APY return on stablecoin plus governance token farming for additional yield for early stage users.
Decentralized and transparent
HYDT stablecoin is BNB-backed stablecoin, supply is fully controlled by contract's predetermined condition to keep HYDT close to 1 USD. There are no Pre-mint.
Contract holds BNB as collateral. Contract redeems HYDT by buying it on market with reserve balance when HYDT stablecoin's price is low.
You can always check how much reserve balance(collateral) is available and how much HYDT is minted/redeemed.
Unique, flexible and durable soft-peg mechanism
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