PolyQuity is a fork of the Liquity protocol in the Polygon network. PolyQuity has the features and benefits consistent with the Liquity protocol. In addition, based on the concept of Liquity, we have designed a new tokenomics to adapt to the Polygon network.
In view of the perfect system and success of Liquity, we expect PolyQuity to be the next MakerDao in the Polygon network. With the growth of Polygon network, PUSD might become one of the important Stablecoin assets.
We hope that PolyQuity would become the fundamental financial infrastructure in Polygon network.
Main Use Cases
What is PUSD Stabecoin
PUSD is minted by staking Matic on Polygon network. PUSD is the USD-pegged stablecoin used to pay out loans on the PolyQuity protocol. At any time it can be redeemed against the underlying collateral at face value.
What is PYQ token
PYQ is the secondary token issued by PolyQuity. It captures the fee revenue that is generated by the system and incentivizes early adopters.
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