Helio releases roadmap V2 update, which will integrate RWA and achieve multi-chain expansion

ChainCatcher news, the open-source liquidity protocol and decentralized stablecoin HAY issuer Helio published an article reviewing the goals achieved in the V1 version and announced updates to the V2 version roadmap, which mainly includes:

1. Adding Algorithmic Market Operations module (AMO): Enhancing the stability and capital efficiency of HAY's peg to the US dollar.

2. Developing a lending module: Planning to build a fully autonomous and decentralized lending market within the Helio protocol, and collaborating with multiple DEXs and lending platforms to enhance DeFi composability.

3. Introducing Dutch auction mode in the liquidation module: Maintaining the lending LTV ratio to avoid bad debts.

4. Integrating RWA: Tokenizing assets such as bonds from traditional finance to optimize reserves and reduce risks.

5. Achieving multi-chain expansion: First expanding the Helio protocol to Ethereum, and then deploying on Layer 2 networks such as Arbitrum and zkSync.

Previously, Helio received a $10 million investment from Binance Labs on August 11 to assist the protocol in its ongoing transformation into a liquid staking platform and to help Helio deploy on networks such as Ethereum, Arbitrum, and zkSync.