Token Economics
Last updated
Last updated
The initial issuance of USDH is capped at 130 million, with provisions for future minting or burning based on market demand. This ensures adequate liquidity to support its widespread use across multi-chain and cross-chain applications.
Each USDH is fully backed by reserves pegged to the US dollar at a 1:1 ratio, ensuring every token corresponds to real assets. Huione Labs guarantees that USDH can always be repurchased at a 0.97:1 ratio, allowing users to exchange USDH for USDT or USD at any time.
This mechanism provides a stable and reliable exit route, ensuring liquidity and user confidence. All circulating USDH will consistently be fully backed by equivalent reserves in USDT 21 or USD, ensuring comprehensive asset support for every token. Huione Labs commits to never misappropriate USDH without adequate reserves, safeguarding transparency and trust.
Regular financial reports and third-party audit disclosures will be published to allow users to verify the alignment between circulating USDH and actual reserves.
Additionally, Huione will maintain transparency by publishing operational account details, further enhancing platform credibility and ensuring the security of user assets and the stability of the token economy.