(HMC) Hybrid Multi-Collateral Stablecoin

HMC is a native stablecoin on Harmony using a hybrid and multi-collateral model to maintain its peg.

Being native to Harmony with only native collateral types, HMC is protected from bridge risks that other stablecoins might be subject to. The hybrid model of one part collateralized and one part algorithmic by HMCS, the unpegged governance and utility token of HMC, allows for increased capital efficiency.