Hermetica
The first Bitcoin-backed, yield-bearing synthetic dollar.
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About
Hermetica is a decentralized finance (DeFi) platform that introduces USDh, the first Bitcoin-backed, yield-bearing synthetic dollar. USDh allows users to hold a stable, liquid dollar asset fully backed by Bitcoin, providing an alternative to traditional fiat-backed stablecoins. By staking USDh, users can earn yields of up to 25% APY, derived from perpetual futures funding payments.
Key Features
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Bitcoin-Backed Stability
USDh is a price-stable dollar fully backed by Bitcoin, allowing users to hold and transact in dollars within the Bitcoin ecosystem—without reliance on traditional banking systems. -
Attractive Yields
Users can stake USDh to earn up to 25% APY, with yields generated from funding rate payments linked to short perpetual futures positions. -
Seamless Integration
USDh operates on both Bitcoin Layer 1 and Layer 2 networks, including Stacks, enabling users to buy, stake, and utilize USDh across a wide range of DeFi platforms.
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