Stablecoin Information
Pina is also a stable dollar pegged to the value of $1. Using mechanisms inspired by Dynamic Set Dollar (DSD), they have optimized $Pina to better serve the needs of their marketplace.
Category:algorithmic
Minting and Redemption
If the price of PINA is less than 1$, the supply is changed by emitting coupons to reduce the supply. You can stake PINA or LP PINA-USDC in order to get more PINA.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | >-0.0001% | >-0.0001% | >-0.0001% | 913,470.9 |