In the rapidly evolving world of decentralized finance (DeFi), stablecoins have become a cornerstone for seamless transactions and value preservation. Among these, HeLa USD (HLUSD) stands out as a synthetic dollar designed to drive efficiency and stability within the HeLa Chain ecosystem. Pegged 1:1 to the US Dollar, HLUSD is gaining traction for its reliability and innovative use cases. In this article, we’ll dive into what makes HLUSD unique, its role in the HeLa Network, and where you can acquire it.
What is HLUSD?
HLUSD is a stablecoin native to the HeLa Chain, a blockchain ecosystem focused on simplifying decentralized applications (DApps) and enhancing user experience. Backed by reserves, HLUSD maintains a consistent value of approximately $1.00, making it ideal for transactions, smart contract executions, and gas fees within the network. Its asset-backed nature (1 HLUSD = 1 USDT/USDC) ensures transparency and minimizes volatility, setting it apart from algorithmic stablecoins.
HLUSD is designed for both DeFi enthusiasts and newcomers. Its integration into the HeLa ecosystem enables predictable transaction fees, fostering broader DApp adoption and creating a stable medium of exchange for users worldwide.
Key Features of HLUSD
1. Stability and Security: HLUSD’s 1:1 peg with the US Dollar equivalent assets, ensuring trust and transparency. Smart contracts are rigorously audited to safeguard user funds.
2. Stablecoin Staking with StableHodl: Through StableHodl, an AI Yield platform, users can stake HLUSD, USDT, or USDC to earn up to 15% APY via risk-managed, delta-neutral strategies. There are no minimum deposits or lock-in periods, providing unparalleled flexibility.
3. Ecosystem Integration: HLUSD is the primary currency for all transactions within the HeLa Chain, streamlining interactions with DApps and reducing reliance on volatile cryptocurrencies.
4. Community Incentives: The Boosted Atlantia and Stablehodl Points Program rewards users for engaging with the HeLa Network, enhancing HLUSD’s appeal for long-term holders.
Why HLUSD Matters
Stablecoins like HLUSD address one of the biggest challenges in crypto: price volatility. By maintaining a stable value, HLUSD enables users to transact, save, and invest without worrying about sudden market swings. Its role in the HeLa Chain goes beyond simple payments—it’s a catalyst for DeFi innovation, empowering developers and users to build and interact with DApps seamlessly.
Where to Get HLUSD
If you’re ready to explore HLUSD, here are the primary platforms where you can acquire it:
1. Biconomy Exchange
> Enter: https://www.biconomy.com/exchange/HLUSD_USDT
> Click BUY to get $HLUSD
2. Hela Bridge
> Enter: https://bridge.helachain.com/
> Select an asset - USDC/USDT - BNB/Polygon > bridge to hUSDc - Hela
> After receiving hUSDc, GO TO: https://cytoswap.com
> Swap: hUSDc to HLUSD
3. StableHodl Platform
> Enter: Stablehodl.com
> Go: Trade HLUSD Tab
> Buy $HLUSD with Crypto Assets on BNB/Polygon chain
Or, stake your $USDC / $USDT and earn weekly $HLUSD.
To the future of stable yields,
The StableHodl Team