PulseX

pDAI is a decentralized stablecoin on PulseChain, designed to maintain a 1:1 peg with the US dollar. Initially, upon PulseChain's launch, pDAI's value was near zero, presenting a speculative opportunity for early adopters.

The community has been actively working to stabilize pDAI's value at $1. A proposal is underway to engage with MakerDAO on PulseChain, aiming to integrate assets like Pulse, HEX, and PulseX as collateral. This strategy includes pausing new pDAI minting to stabilize supply, with the goal of achieving the 150% over-collateralization needed for the peg.

As of March 16, 2025, pDAI was trading at approximately $0.0064, indicating a 155x multiplier potential to reach its $1 peg. The community remains optimistic about pDAI's trajectory, viewing it as a cornerstone for PulseChain's decentralized economy.

For a comprehensive understanding of pDAI's pegging process, you might find this documentary insightful:

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