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Hedge Labs
Hedge Labs operates Hedge, a Solana protocol for minting the USH USD-pegged stablecoin through crypto-collateralized vaults. Users can deposit SOL, borrow USH with a one-time fee and no interest, and participate in stability and staking pools.
Distributed
Description
Hedge is a Solana-based collateralized stablecoin protocol operated by Hedge Labs. It enables users to deposit SOL into vaults and mint USH, a stablecoin soft-pegged to the US dollar, using 0% interest loans with a one-time setup fee. The protocol also provides a stability pool for liquidations and rewards, plus HDG staking intended to share protocol revenue.Grant Funding
VC Funding
None
2022
$0
$7.4M