twinHONEY

twinHONEY is a stable-coin that is backed one to one by HONEY, which is deposited into BEND, the native lending protocol of Berachain. Unless the HONEY pool on BEND is fully utilzed, twinHONEY can be converted back into HONEY at any time without costs.

Yield that is earned by the HONEY deposits on BEND are transferred to the TWIN DAO treasury multi-sig wallet, where among other things it will be used to bribe Twin Finance Liquidity pools, buy back TWIN tokens and reward other TWIN related activities twinHONEY is the primary backing for all Twin assets.

twinHoney is used as collateral to back the TWIN assets.