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pusd

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PUSD | PUSd Crypto Research

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PUSd is the native stablecoin of the JPEG'd protocol. It is minted when a user borrows against their NFT and burned when they decide to repay their loan. PUSd will be situated in a Curve factory pool with a 3Crv (combination of USDC, USDT, and DAI) pairing. Liquidity providers to the PUSd-3CRV pool will be incentivized on Convex Finance, with rewards consisting of JPEG, CVX, and CRV.