🔵$Piku

Details on Piku, inflation protected stablecoin

Contract Address:

The Piku token, or $Piku, is classified as a yield-bearing stablecoin that uniquely combines the stability of a traditional stablecoin with the growth potential of yield-generating assets. Governed by PikuDAO, $Piku is initially fully backed by USDC at 1:1 ratio, ensuring a stable launch value of $1.00 USD. This foundational stability is just the beginning, as PikuDAO holds the authority to diversify and enrich this backing with a carefully selected basket of on-chain and off-chain assets that generate yield.

As these additional assets contribute yield, they inherently increase the underlying value of $Piku, elevating it beyond its initial peg and reflecting the added yield directly within the token's value. This approach not only enhances the attractiveness of $Piku as an investment but also aligns with the DAO’s vision of creating a stablecoin that grows in value and protects from inflation.

Last updated