Discover and read the best of Twitter Threads about #hoardchain
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In this market I'm focused on quality over quantity, diving deep before pulling the trigger.
Very impressed with the @hoardusdh team, so much so I'm supporting as an advisor.
Here's my take on the challenges #stablecoins face and why $HRD and $USDH *may* be the answer. 1/16
Very impressed with the @hoardusdh team, so much so I'm supporting as an advisor.
Here's my take on the challenges #stablecoins face and why $HRD and $USDH *may* be the answer. 1/16
Top line: $USDH is the only #stablecoin with all 4 of the following traits:
- No centralized issuer
- No algorithmic or debt position backing
- No blacklist functions
- No "blacklistable" collateral
That's the hook, but how does it work and why does that matter? 2/16
- No centralized issuer
- No algorithmic or debt position backing
- No blacklist functions
- No "blacklistable" collateral
That's the hook, but how does it work and why does that matter? 2/16
$USDH is a fully decentralized #stablecoin backed by a basket of censorship resistant stables: $MIM $USDD $sUSD $LUSD $FEI
Deposit $1 of these whitelisted stables and mint $1 of $USDH and vice versa for redemptions.
Deposits form the basket of Hoard's collateral assets 3/16
Deposit $1 of these whitelisted stables and mint $1 of $USDH and vice versa for redemptions.
Deposits form the basket of Hoard's collateral assets 3/16
