Hector DAO’s Hector Bank Launch
Decentralized lending and borrowing protocol from Hector DAO.
The time of the launch has not been announced, only that it will be on January 24. As such, this launch has been set for noon UTC as a placeholder.
DETAILS
- A portion of interest and liquidations the Bank accumulated will be used to buyback and burn HEC
- wsHEC will be a supported collateral for borrowing (in addition to stablecoins and other popular tokens)
- 12% liquidation incentive for wsHEC, 10% for other loans
Blockchain
