Hollow

Project

Category
Reserve Currency
Token
HLO
TVL
$10.7K
Chains
Ethereum
Website
hollow.cash

An ETH-backed currency with a floor that only rises. Every HLO is backed by at least 1.3x its floor in ETH held in a Treasury with no owner, no admin key and no upgrade path. Anyone can redeem HLO at the floor. Fees from sells, trading and bonds flow into the vault.

Open on defillama.com ↗

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