TechFlow news, Helio Protocol, the issuer of HAY, an over-collateralized stablecoin on BNB Chain, has established the Helio Treasury. The treasury address is 0x00b22a426aC5928cA5cEb5FcfE9066587CbD0b26.
Helio Protocol stated that initially 10% of accrued liquid staking rewards will be allocated to this fund to ensure reserves are available for bug bounties, emergency operations, and other use cases. After Helio governance is activated, token holders will gain governance rights over the treasury. Source link




