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PDDOLLAR

PDDOLLAR

web3Verified

PDDOLLAR is a web3 protocol centered around the PDD token. Stability system in the protocol det...

Stage
Pre-seed
Funding
Undisclosed
Team
0
0.0Mission ScoreFixed 0-100 scale

About

PDDOLLAR is a web3 protocol centered around the PDD token. Stability system in the protocol deterministically expands and contracts the PDD supply to maintain PDD's peg to 1 MATIC token. So in short the ideal balance is the target of 1 PDD to be peged to 1 MATIC. PolyDogeDAO is designed by the PolyDoge team as the algorithmic stablecoin which specifically uses an “algorithmic central protocol” approach to manage the supply of PolyDogeDollar tokens according to a predetermined logic.

Expert Insight
Verified Pre-seed project.

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ProtocolInfrastructure
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