The Representation VCM captures value through its reliability as a stablecoin, fully collateralized by high-quality stablecoins like USDC and BYUSD, ensuring dependable redemption at a 1:1 ratio (minus fees) and providing a hedge against market volatility. This stability enhances HONEY’s utility in the Berachain ecosystem, enabling use cases such as payments, liquidity provision in DeFi with reduced impermanent loss, and a predictable medium of exchange (if a marketplace were present), all of which reinforce its intrinsic value derived from the Representation Origin of Value.
