#Polkadot

🚀 Exciting news for Polkadot! A proposal for a native algorithmic stablecoin, pUSD, fully backed by $DOT , is gaining strong community support! 🙌

Key details:

✅ Overcollateralized debt token on Acala’s Honzon protocol

✅ Aims to reduce reliance on USDT & USDC

✅ Optional savings module for earning interest

✅ Over 75% votes in favor, with $5.6M+ in $DOT cast

This could boost Polkadot’s ecosystem with enhanced liquidity & security. 🛡️