Stablecoin Information
PUSd is a synthetic stablecoin minted against NFT collateralized debt positions.
Category:crypto-backed
Minting and Redemption
Using the JPEG'd app, users mint PUSd by depositing an accepted NFT into a vault. When the loan is repaid to retrieve the NFT, the paid back PUSd is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.00% | +0.00% | +0.00% | 6,646.09 |