BNB Chain ecological stablecoin protocol Helio Protocol establishes Helio Treasury

ChainCatcher news, the issuer of the over-collateralized stablecoin HAY on the BNB Chain, Helio Protocol, has established the Helio Treasury, with the treasury address being 0x00b22a426aC5928cA5cEb5FcfE9066587CbD0b26.

Helio Protocol stated that initially, 10% of the accrued liquidity staking rewards will enter this pool to ensure there are reserves available for paying bug bounties, emergency operations, and other use cases. After the Helio governance is initiated, token holders will have governance power over this treasury. (source link)