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USH Stablecoin

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Category: Stablecoin Issuance

Hedge Labs

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.
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Funding Rounds

Funding Round: Seed
Funding Date: 21 Apr, 2022
Raised Amount: $3.7M
Funding Round: Seed
Funding Date: 1 Apr, 2022
Raised Amount: $3.7M

Investors