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PolyDogeShare represents the value of the PolyDogeDAO and the trust in its systemic ability to maintain PDD's peg. When the time-weighted average price (TWAP) of PDD is above the 1 MATIC peg (during short epoch expansions), the protocol mints PDD and distributes it proportionally to all PDS holders who have staked their tokens in the boardroom. Additionally, PDS is used to achieve a completely decentralized on-chain governance, where PDS holders have voting rights and the ability to create proposals to improve the protocol. PDS has a maximum total supply of 100,000 tokens.
Issue Time
1970/01/01
Initial Price
US $ 0.00795716
Circulation/Max
0/100.28K
Dominance
0.00%
ROI --%
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