Ticker : Launched On : 9 April, 2022
polygon Chain: 0x3068382885602FC0089aeC774944b5ad6123ae60

PDSHARE Description

PolyDogeShare represent the value of the PolyDogeDAO and trust in its systemic ability to maintain PDD to peg. When time-weighted average price (TWAP) of PDD is above the 1 MATIC peg (in 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 are used to achieved 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.