The multi-product decentralized lending and borrowing protocol Helio is inviting its users to take part in a new NFT promo by temporarily reducing borrowing fees to zero. This campaign model is currently one of its offers to help people better understand the destablecoin ecosystem.
Product update ????$HAY‘s borrowing interest has been set to 0% when using BNB as collateral.
Here’s why ???? pic.twitter.com/GiDEyIJn2F
— Helio Protocol ($HAY) ???? (@Helio_Money) April 22, 2023
Helio Protocol’s 10,000 HAY Mystery Box Campaign
Helio Protocol is working to market its new lowered borrowing interest rate and to encourage its users to start borrowing more of its native destablecoin, HAY.
As such, a new limited NFT collection will be marketed to be extremely unique with additional utility for holding the NFT alongside a winning prize pool of 10,000 HAY.
In partnership with the Web3 platform Galxe, starting from 3rd to 18th May, users from the…