Hyperstable

The primary goal of Hyperstable is to provide a decentralized, over-collateralized stablecoin (USH) that maintains a stable value relative to the US dollar, enabling users to participate in a stablecoin ecosystem with transparent mechanisms for minting, borrowing, and governance. (docs.hyperstable.xyz)

Users can participate by depositing accepted collateral types to mint USH tokens, providing liquidity to earn PEG tokens, and locking PEG tokens to earn protocol revenue and participate in governance. (hyperstable.xyz)

Hyperstable differentiates itself through its dual-token system, revenue-sharing model, active incentives, and aligned incentives that create long-term alignment between users and protocol success. (hyperstable.xyz)

Yes, Hyperstable has undergone comprehensive security audits by industry-leading firms including 0x52, 0xKato, 0xWeiss, Anthias, and Pashov Audit Group. All audit reports are publicly available. (hyperstable.xyz)

As with any DeFi protocol, risks include potential smart contract vulnerabilities, market volatility affecting collateral value, and liquidation risks if collateral value falls below required thresholds. Hyperstable mitigates these risks through over-collateralization, dynamic interest rates, and comprehensive security audits. (hyperstable.xyz)