USDh - A synthetic dollar consisting of Bitcoin coupled with a shortfutures position.

sUSDh - A bitcoin-native bond that generates up to 25% yield fromfunding rates.

USDh and sUSDh will be issued on Bitcoin L1 via the Runes protocolas well as several Bitcoin L2s, starting with Stacks. Once released,USDh will be available to buy on popular DeFi markets like MagicEden and Alex. To access the yield, users can stake USDh andimmediately receive the yield-bearing token, sUSDh.