Hastra AUTO (AUTO)

AUTO gives DeFi participants access to structured consumer auto loan yield through the Democratized Prime decentralized lending marketplace, with credit risk abstracted and mitigated by Forge, Figure’s structuring layer. When you stake wYLDS into the Hastra AUTO protocol, AUTO is minted and simultaneously, a programmatic instruction allows your capital to be lent to a pool of consumer auto loans through Democratized Prime. You earn exposure to the yield from the interest those borrowers pay on their loans in the form of rewards.