HRD is the Hoard protocol native token that can be vote-locked for several yield incentives along with governance rights. HRD, the native token of Hoard, serves several purposes within the protocol:<ul><li>It can be staked for industry-leading yield from $USDH's low-risk collateral strategies</li><li>Stakers also earn time-decaying protocol emissions</li><li>It can be vote-locked for veHRD to participate in governance decisions and earn exclusive dividends.</li></ul>Hoard is an ecosystem centered around the USDH stablecoin and the utility/governance HRD token - bringing stability and real yield to DeFi, once and for all.&nbsp;USDH is a fully decentralized stablecoin backed 1:1 by a basket of algorithmic stablecoins (MIM, sUSD, LUSD, FEI, USDD, and more to come). USDH stakers earn the majority of yield generated from Hoard's collateral yield strategies.

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HRD is the Hoard protocol native token that can be vote-locked for several yield incentives along with governance rights

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