Key Notes

The new stablecoin uses the HOLLAR Stability Module for automated price support and partial liquidations.

Polkadot founder Gavin Wood endorsed the launch, preferring it over centralized alternatives like USDC.

Four specialized liquidity pools will be created outside Hydration's Omnipool for enhanced trading venues.

Hydration, a primary protocol in the Polkadot ecosystem, has launched HOLLAR, a decentralized stablecoin designed to address existing market weaknesses.

The release, announced on September 22 , completes Hydration’s vision to combine trading, lending, and stable value storage on its dedicated app chain. HOLLAR operates as an over-collateralized stablecoin, securing its value with a mixture of DOT, ETH, BTC, and similar major tokens.

HOLLAR is HERE 🔥

Hydration

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