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
  • Resources
    • User Guides
      • Buy USDh
      • Stake USDh
      • Check Your Hermetica Points
      • Check Your Hermetica Portfolio
    • FAQs
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  • Runes
  • Stacks
  1. USDh
  2. How it Works

Technical Primitives

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: bc1q24t48s4lyks0309u9arqtqcrj5txc73pf6xfuxcfdgznz92wewvs8lr8re

  • Protocol Wallet 1: bc1ppd9xd0dgnt88wfxv4fudy407y4mvq8ar62r5xw9yrlzsfxxcr96sskfd2w

  • Protocol Wallet 2: bc1p7s7qa93gckae09lmvxpqm6j7xeva6a0pstu53397s7te86jeygxss0f0a4

Token Etchings

  • USDh Token Etching: USDH•USDH•USDH•USDH

  • sUSDH Token Etching: SUSDH•SUSDH•SUSDH•SUSDH

Stacks

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

USDh & sUSDh Stacks Smart Contract Addresses
  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.usdh-token-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.susdh-token-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.hq-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.controller-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.emergency-recover-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-auto-v1-1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-auto-state-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-state-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.minting-otc-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.redeeming-reserve-v1-2

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.staking-silo-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.staking-v1

  • SPN5AKG35QZSK2M8GAMR4AFX45659RJHDW353HSG.usdh-airdrop-v1

The smart contracts have been audited by Clarity Alliance and Strata Labs. Learn more.

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Last updated 1 month ago