Hades protocol is a lightweight decentralized stable currency protocol based on a two-way lending market, with automatic interest rate targets and liquidity mining incentive mechanisms. It allows users to generate DOLs, a decentralized stable currency with soft anchoring of the US dollar. DOL is not issued or managed by any central participant, intermediary or counterparty.HDS is a governance token in the Hades protocol, whose main responsibility is to serve as a credential for community members to make changes or significant decisions regarding protocol details. At the same time, HDS is also an incentive token for the Hades protocol, where users can receive rewards by providing assets, borrowing assets, or pledging specified liquidity certificates.
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