# How it Works

The USDh ecosystem is made up of two assets:

#### 1. USDh

A stablecoin consisting of Bitcoin coupled with a short perpetual futures position.

When Hermetica hedges Bitcoin with a short perpetual futures position, it creates a position that is price-stable in dollar terms. 

{% embed url="<https://drive.google.com/file/d/1dAWke97dRgLvfifhYzYI4j4q8Y-onbPJ/view?usp=drive_link>" %}

#### 2. sUSDh

A Bitcoin-native bond that generates up to 15% yield from funding rates.

{% embed url="<https://drive.google.com/file/d/1e_siLnA3ZsvhrZT7TsjHnieKFmDjA2Oy/view?usp=drive_link>" %}

{% hint style="info" %}
For more information on yield, please refer to the [Yield Mechanism section](https://docs.hermetica.fi/usdh/how-it-works/yield).
{% endhint %}

***

USDh and sUSDh are issued natively on Bitcoin L1 via Runes and Bitcoin L2 via Stacks.

You can buy USDh on the open market via common crypto marketplaces. [Click here](https://app.hermetica.fi/buy) to get started. More markets and product integrations are coming soon.

To access the yield, users [stake USDh](https://app.hermetica.fi/stake) and immediately receive the yield-bearing token, sUSDh.

<table data-view="cards"><thead><tr><th></th><th data-hidden data-card-target data-type="content-ref"></th><th data-hidden data-card-cover data-type="image">Cover image</th><th data-hidden data-type="image">Cover image (dark)</th><th data-hidden data-card-cover-dark data-type="image">Cover image (dark)</th></tr></thead><tbody><tr><td>Mint</td><td><a href="how-it-works/mint">mint</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FgacR0SE5nW6diWjUbR9W%2FGitBook%20-%20Final.png?alt=media&#x26;token=2c302c42-20f7-4da9-bb4e-18cb8cd8ef5d">GitBook - Final.png</a></td><td><a href="broken-reference">Broken file</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FgpQoEjnAGJVzY818AV88%2FGitBook%20-%20Final(3).png?alt=media&#x26;token=8c04e73b-9c13-4f50-a32e-522f84d3aa65">GitBook - Final(3).png</a></td></tr><tr><td>Security</td><td><a href="how-it-works/security">security</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2F9t6LsHTVNjyfsLzJw0b8%2FGitBook%20-%20Final(1).png?alt=media&#x26;token=d1a5b0fe-6afc-4c73-84e4-1fe29ba6fd31">GitBook - Final(1).png</a></td><td><a href="broken-reference">Broken file</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2F9Uv9dD7IEuGwpGsN7Vk1%2FGitBook%20-%20Final(4).png?alt=media&#x26;token=032ef440-6d11-46f1-8b9a-0b8ccf418f96">GitBook - Final(4).png</a></td></tr><tr><td>Stability</td><td><a href="how-it-works/stability">stability</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2F3cNWTMiWdHaYPp3FynnC%2FGitBook.png?alt=media&#x26;token=0d8349a8-a01f-4321-be0d-3fe678022b38">GitBook.png</a></td><td><a href="broken-reference">Broken file</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FQKmi6UYjsTCk93QbqOsY%2FGitBook(2).png?alt=media&#x26;token=eda4a32c-ba24-4edb-9b68-2d348c989d1c">GitBook(2).png</a></td></tr><tr><td>Yield</td><td><a href="how-it-works/yield">yield</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FSvyEy2TWwH5IkkXCwIiA%2FSolution.png?alt=media&#x26;token=206bb1f4-4578-40b4-b6ce-1b1bd5c74a26">Solution.png</a></td><td><a href="broken-reference">Broken file</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FCU8FBMTQCDUHC48z154y%2FSolution(1).png?alt=media&#x26;token=1841819e-d3be-4a31-b822-091c06494f8e">Solution(1).png</a></td></tr><tr><td>Backing</td><td><a href="how-it-works/backing">backing</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2Fwine6seh93CWCFl0QV1y%2FGitBook%20-%20Final(2).png?alt=media&#x26;token=a4b6d428-5164-4370-9274-e56ab7996908">GitBook - Final(2).png</a></td><td><a href="broken-reference">Broken file</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FqwgFsXvHPbdnOfLDpRII%2FGitBook%20-%20Final(5).png?alt=media&#x26;token=cbacceea-1edb-43db-88b4-9ba0ab39141c">GitBook - Final(5).png</a></td></tr><tr><td>Technical Primitives</td><td><a href="how-it-works/technical-primitives">technical-primitives</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2FNHBpyiyZmUenEt7473vh%2FGitBook(1).png?alt=media&#x26;token=06bf5b67-fd1d-4ebe-86d9-d6046d18058f">GitBook(1).png</a></td><td><a href="broken-reference">Broken file</a></td><td><a href="https://2201013687-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fxp26OjT5H1o55M1QMDI4%2Fuploads%2Fizy2qGP5SM0GqwgrCFam%2FGitBook(3).png?alt=media&#x26;token=65285bbd-7f1c-4448-a35d-33c906c7c45d">GitBook(3).png</a></td></tr></tbody></table>