361841
Let’s Get HAI

@letsgethai #361841

Borrow against LSTs and Optimism native assets to mint HAI- an over-collateralized & free-floating stable asset
149 Follower 15 Following
OP CONTENT CREATOR GRANTS

We're giving away $4,000 in OP to memers and writers!

The grant will go to those who post memes, threads, and blogs about Let's Get HAI between June 20 - July 20

Details below:
https://app.charmverse.io/lets-get-hai-x/let-s-get-hai-content-grants-season-1-652552668021593
Let's Get HAI on rETH!

A proposal was just submitted to add @rocketpool rETH as collateral to the Let's Get HAI Protocol.

Voting starts in 10 hours!

https://www.tally.xyz/gov/hai/proposal/114378757894282426380987178857542482083945619369033031042504656219960985459518
Wen Controller?

The process of turning on the PID controller has officially started!

This forum post outlines new proposed parameters, shares lessons learned from tuning the RAI controller, and the next steps for turning it on.

https://commonwealth.im/lets-get-hai/discussion/22758-lets-get-hai-on-controllers
HAI is now the largest CDP protocol on @optimism

45% of the TVL across all CDPs on Optimism is in HAI Vaults.

HAI'er.

https://defillama.com/protocols/CDP/Optimism
HAI DAO is proud to announce that we just submitted an application for
@optimism Retro Funding Round 4!
Who has the strongest community on @optimism?
We’re super excited to continue working with DefiCollective on Let’s Get HAIs @velodrome incentive plan. They continue to support the protocol with guidance and matched incentives.

We’re starting to experiment with Concentrated Liquidity (CL) pools, beginning with HAI/LUSD.
Only gripe with Warpcast is that we put so much effort into our videos and can’t post them here 🥲
gm @velodrome voters!

Check out the incentives for HAI/sUSD, KITE/OP, and HAI/LUSD— up for vote now!
HAI and Reflexer Finance would both support this 🤷🏽‍♂️
Do you have idle OP laying around and not earning yield?

Have you considered getting HAI?
Let’s get HAI on wstETH!

You can now deposit wstETH as collateral to mint HAI.

https://www.letsgethai.com/vaults/open?collateral=WSTETH
What’s the best way to share longer form content on here?

Paragraph frame?
Want to get HAI?

Visit letsgethai.com

Mint HAI against OP & WETH

wstETH coming soon 🪁
Just passed 1 million in locked collateral!
The proposals to turn on KITE transferability and increase the Global Debt Ceiling have passed and are pending execution.

The protocol will be live on Optimism tomorrow.

Let's Get HAI.
Last night proposals were submitted to turn on KITE transferability and to increase the Global Debt Ceiling of the protocol from 0.

These proposals will effectively “turn on” the system.

https://www.tally.xyz/gov/hai/proposals
They shutdown our pop up booth at ETHDenver.

Can’t figure out why.
For Let's Get HAI:

Farcaster will be home to more tech and product-focused content whereas Twitter will remain more of an announcement channel.

Stay tuned.
The KITE airdrop claim is live!

Claim KITE here: https://gov.letsgethai.com/dao/claim

REMINDER: Upon claim, KITE will be non-transferable. The DAO will be responsible for switching transferability on.

Happy claiming 🪁
What is HAI?

- HAI is an over-collateralized CDP-minted stablecoin
- HAI plans to have a diverse collateral base including ETH, LSDs, and other DeFi-native tokens
- HAI is launching on Optimism
- HAI uses a PID controller to induce stability (like RAI!)