The name HYDT stands for High Yield Daller stable Token, and creating a USD pegged stablecoin with high yield is what the protocol is trying to achieve. The protocol is built to maintain 16-30% APY even without governance token farming, simply by depositing HYDT stablecoin into the protocol's earn feature. While the protocol offers a high yield on deposits, it also has a unique and innovative peg mechanism to keep the HYDT price close to 1USD, backed by BNB reserve balance of the protocol.