Hermetica
  • Welcome
  • Hermetica
    • The Problem
    • Our Solution
    • Who We Are
  • USDh
    • USDh & sUSDh
    • How it Works
      • Mint Mechanism
      • Security Mechanisms
      • Stability Mechanism
      • Yield Mechanism
      • Backing Mechanism
      • Technical Primitives
    • Historical Performance
    • Hermetica Reserve Fund
    • Audits
    • Risk Disclosures
      • Collateral Risk
      • Exchange Risk
      • Liquidity Risk
      • Funding Rate Risk
      • General Risk
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  • Runes
  • Stacks
  1. USDh
  2. How it Works

Technical Primitives

PreviousBacking MechanismNextHistorical Performance

Last updated 22 days ago

USDh and sUSDh are issued natively on Bitcoin L1 (Runes) and the Bitcoin L2 Stacks.

Runes

We use PSBTs to mint and stake. No bridges, L2s, or altcoins are involved.

USDh & sUSDh Runes Protocol Wallets and Token Etchings

Protocol Wallets

  • Reserve Wallet:

  • Protocol Wallet 1:

  • Protocol Wallet 2:

Token Etchings

  • USDh Token Etching:

  • sUSDH Token Etching:

Stacks

We use Clarity based smart contracts to issue SIP-10 USDh and sUSDh on the Stacks blockchain.

USDh & sUSDh Stacks Smart Contract Addresses

The smart contracts have been audited by and . Learn .

bc1q24t48s4lyks0309u9arqtqcrj5txc73pf6xfuxcfdgznz92wewvs8lr8re
bc1ppd9xd0dgnt88wfxv4fudy407y4mvq8ar62r5xw9yrlzsfxxcr96sskfd2w
bc1p7s7qa93gckae09lmvxpqm6j7xeva6a0pstu53397s7te86jeygxss0f0a4
USDH•USDH•USDH•USDH
SUSDH•SUSDH•SUSDH•SUSDH
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.usdh-token-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.susdh-token-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.hq-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.emergency-recover-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-state-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-otc-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.staking-silo-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.staking-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-auto-v1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1-1
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.usdh-airdrop-v1
Clarity Alliance
Strata Labs
more
SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.controller-v1