DIVs contain a basket of LP tokens that are 100% maintained by and weighted by depositors and DAMO stakers. These DIVs provide the collateral to generate $HAID. $HAID is 1:1 backed by this underlying collateral. This allows for LP to become much more liquid (and productive) and to be accessed by less crypto-savvy users. For instance, instead of having to manually manage their own risk, they could simply purchase $HAID and have hedged exposure to an entire sector. Essentially, the protocol can leverage a single asset (idle LP tokens) to reach an additional demographic, thus generating added value and rewards with minimal additional risk.
Capitalize Secondary Markets with Risk Optimized Assets
DIV LP is encapsulated in a more liquid $HAID token. These tokens represent a real value of underlying LP and can always be redeemed for such. Therefore, $HAID tokens are real assets with real backing. Consequently, the protocol will heavily incentivize the generating and subsequent LP'ing of $HAID tokens on secondary markets.