What is Hermetica?
Hermetica is a company composed of crypto-native professionals with backgrounds at prominent institutions like Kraken, Bloomberg, and State Street. The team is dedicated to integrating traditional financial utilities into the Bitcoin ecosystem, enhancing Bitcoin's utility beyond just a digital asset. At the core of their innovations is USDh, a groundbreaking synthetic dollar pegged to the USD but backed by Bitcoin, allowing Bitcoiners to earn up to a 25% yield on their U.S. dollars without relying on traditional banks or leaving the Bitcoin blockchain.
Additionally, Hermetica is developing the stSTXearn token, a non-custodial yield product for Stackers. This involves running an automated options strategy that toggles between buying and selling binary calls on STX, guided by a straightforward trend-following system.
What Can I Do in Hermetica with Leather?
With the Leather wallet, you can fully leverage Hermetica’s financial innovations:
Earn BTC and STX Yield: Utilize USDh and stSTXearn to earn non-custodial yields in various market conditions directly within the Bitcoin and Stacks ecosystems.
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