hyperstable Airdrop
What is Hyperstable? Hyperstable is a decentralized finance (DeFi) protocol operating on the HyperEVM mainnet. The platform centers around USH, its native stablecoin, which users can mint by providing
Risk Warning
- Do your own research (DYOR) - We do not verify or endorse hyperstable or any other project
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- No guarantees - Participation does not guarantee any rewards
About hyperstable
## hyperstable What is Hyperstable? Hyperstable is a decentralized finance (DeFi) protocol operating on the HyperEVM mainnet. The platform centers around USH, its native stablecoin, which users can mint by providing wHYPE as collateral. At its core, Hyperstable enables users to participate in a stablecoin ecosystem with transparent mechanisms for minting, borrowing, and governance. The protocol allows users to mint USH by depositing wHYPE as collateral, maintaining a minimum collateral ratio of 150 (1.5 Health Factor) with a debt cap of 5 million USH. Hyperstable implements a base interest rate of 4.2% with adaptive utilization interest rate models. Additionally, the protocol features a vePEG locking mechanism, where users can lock PEG tokens to earn revenue from interest and liquidation fees while being protected from dilution via rebases. **Temperature:** 0° ### Steps to Participate 1. Conclusion *Source: [airdrops.io](https://airdrops.io/hyperstable/)*
How to Participate
### Steps to Participate 1. Conclusion