HAY opens repo destruction process, now quoted at $0.82

Dec 06,2022
KingData News: HAY is now quoted at $0.82, down 7.70% in 24 hours. Helio, the HAY issuer that suffered losses in the previous aBNBc incident, announced in a tweet that it has begun the process of buying back and destroying the first batch of HAY, but that the planned buyback of excess HAY to be completed by 12:00 p.m. on December 6 may not achieve its goal of restoring the HAY price to the U.S. dollar or at least close to $1.
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