Vasilii Chegoshev

HAY aims to represent a new form of asset class known as destablecoin. Destablecoin is a new type of asset class within crypto space that seeks to label a more accurate term in the current stablecoin landscape. Destablecoins utilize decentralized crypto assets only as collateral and do not aim to achieve absolute price stability with fiat-based currencies such as USD. While destablecoins are not fully volatile assets, it will allow for some price fluctuations as regular fiat-currencies would experience with varying reference rates and interest rate paraties defined by the open market.

What Makes HAY Unique?

HAY is unique as it is backed by BNB, which is amongst the top L1 tokens by market capitalization in crypto. In addition, HAY offers similar elements of value (both redeemable for US $1 worth of cryptocurrency) and decentralization as predecessors such as MakerDAO, while improving on gaps such as capital efficiency and financial rewards offered, allowing users to enjoy sustainable returns on their borrowed HAY.

Its use cases include borrowing HAY at a collateral ratio ~152% (~66% LTV) by depositing BNB as collateral on the protocol, liquidity mining on LP DEXes, a means of payment to transfer value for goods & services. The protocol aims to be completely decentralized, and will be launching its DAO once the TGE of its governance token, HELIO, is completed.

The core goal of Helio Protocol is to provide a new form of digital currency (HAY) that is capital efficient and decentralized.

It challenges the hierarchy that has dominated the digital network space by pooling together the community’s knowledge and resources. JP3Gvault is a game changer in its own right. It is owned 100% by the community, with all the benefits going right back to the community.

EGO will also be used for sales in the internal NFT market. You can't buy NFT for another currency at an internal auction. The users will have the opportunity to tokenize the content from the influencers in the form of NFT.

The minting NFT fee can be paid in EGO tokens only. Now we are working on launching advertising for the influencers and our base of opinion leaders is 1 million in 50+ countries By the way, the influencers can already start making real money in Paysenger So EGO tokens are already preparing to fly from the Paysenger platform into the boundless spaces of the blockchain.

You can buy and sell NFT through Paysenger only for EGO. It helps you to predict the demand for the token. The more people use the product, the higher the liquidity of the token. The users can buy EGO on the platform by any convenient payment method.

The influencer can provide a wide range of services: from "small talk" to the creation of individualized media content (for instance, songs or videos). Each service can be paid with fiat money, as well as BNB, BUSD, or EGO tokens.