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What is Hivemapper (HONEY)?

Berachain's stablecoin, Honey ($HONEY), maintains a soft peg to the US Dollar using full collateralization, providing a stable medium of exchange within its ecosystem. Users can mint $HONEY by depositing whitelisted crypto assets into dedicated smart contract vaults managed by the Vault Router. $HONEY is utilized for payments, remittances, hedging, and is integral to lending and trading protocols like Bend and Berps. Community governance shapes $HONEY by managing minting rates and collateral types through voting.

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