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  • 📖Introduction to Hedge
  • 👓Overview
  • How to use Hedge
    • ⚡Connecting a wallet
    • 🏦Creating a vault
    • 🤝Taking out a loan
    • 🔄Stability pool and liquidating a vault
    • 📨Earning Hedge rewards
    • 👩‍💻How to get a console log
  • Protocol Overview
    • 💲USH stablecoin
    • 🪙HDG protocol token
    • 🏦Vault Types
    • 🪙Redeeming against a vault
    • 💵Peg Stability Module
    • 🔁Liquidations & stability pool
    • 🩹Recovery Mode
    • 🔐Security
      • Oracle Address
    • ❔FAQ
    • 📊Tokenomics
    • 📙Glossary
    • 📃Whitepaper
  • Legal
    • Disclaimer
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Introduction to Hedge

NextOverview

Last updated 3 years ago

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TLDR: Hedge is a protocol that enables the minting of USH, a stablecoin soft-pegged to the US dollar. USH is minted on flexible terms and gives users instant access to the USH ecosystem.

Hedge allows users to take out 0% interest loans for a one-time fee by depositing collateral for USH. Users are incentivized to keep their collateral-to-debt ratio above 110% to avoid liquidation. When an undercollateralized vault is liquidated, users who have deposited USH in a stability pool are returned discounted collateral as a reward. USH is always redeemable for its underlying value, but a fee ensures the protocol is impacted infrequently.

For more detail, see our .

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