Hedge USD USH
USH
0.9005
€
0.39 %
Change 24h
Market Cap
€ 0
Volume 24h
€ 12.04
USH
€
# | Exchange | Pair | Price | Volume 24h |
---|
Description
HDG is one of the tokens issued by the Hedge Protocol which enables interest-free lending on the Solana Blockchain. Users are able to deposit collateral and take out USH stablecoin loans. The Hedge Protocol offers vaults with a minimum collateral ratio as low as 110% (90.0% LTV).
USH is a stablecoin pegged to the US dollar that is always redeemable for its underlying value - i.e. users are able to use it to purchase collateral back at any time. However a fee is added on top to ensure redemptions don't happen too often.