Helio Protocol is an open-source liquidity protocol for borrowing and earning yield on HAY —a new BNB backed over-collateralized destablecoin. The protocol aims to position HAY as the leading decentralized destablecoin protocol in the BNB Chain ecosystem, by leveraging Proof-of- Stake (PoS) rewards, liquid staking and yield-bearing assets. Helio Protocol will operate as a DAO, where the community will govern the protocol’s treasury, revenue pool and future direction.