Helio Protocol, the issuer of the over-collateralized stablecoin HAY on BNB Chain, has set up a Helio vault with an address starting with 0x00b2.

Helio Protocol stated that initially 10% of the accrued liquidity staking rewards will go into the pool to ensure that there are reserves available to pay bug bounties, emergency operations, and other use cases. Later, after Helio governance is turned on, token holdings The person will have governance authority over the treasury.