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Behodler
Behodler operates Phoenix, a DeFi protocol centered on phUSD, an "antifragile" stablecoin backed by yield-generating vault strategies. Users mint phUSD 1:1 with accepted stablecoins, with an optional yield farm letting holders stake phUSD to earn USDC rewards. The protocol targets DeFi users and liquidity providers seeking a stablecoin designed to gain resilience through market volatility rather than being destabilized by it.
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Behodler
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Description
Behodler is an efficient, low cost, single sided Automated Market Maker (AMM) with a universal liquidity token powered by Miner Extracted Value (MEV) capturing tokenomics. It offers lower impermanent loss than traditional AMMs and provides yield strategies typically found on layer 2.TVL: $1.9K
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