Overview
Last updated
Last updated
The Piku ecosystem encompasses all the essential components required to cultivate the ideal currency, ranging from incorporating a decentralized platform to ensuring transparent, DAO-led governance exercised by the token holders. Below is a concise introductory overview of our main products.
USP is designed with a focus on stability and yield optimization, starting with an initial backing of 100% USDC. This approach ensures that at launch, Piku has a solid and reliable foundation. Over time, the governance of Piku, managed by its decentralized autonomous organization (DAO), will enable the community to vote on incorporating a mix of both on-chain and off-chain assets to back the stablecoin. The objective is to gradually diversify USP's backing with assets like on-chain yield assets, arbitrage strategies, carry trades, and real-world assets (RWAs). This strategy is aimed at making USP yield bearing by selecting assets that are expected to maintain or increase in value over time, thereby preserving the purchasing power of USP stablecoin holders.
A Web3 platform that facilitates the minting and redemption of USP tokens and the governance ddashboard for PikuDAOO. The platform will be accessible by users who connect their digital wallets and verify their identity.
PikuDAO’s mission is to establish a fully decentralized decision-making process, focused on determining the economics of the optimal store of value currency. PikuDAO leads the future direction of Piku by utilizing a governance process with its governance token Piku.
Piku ecosystem is structured around three pivotal tokens: USP, the yield optimized stablecoin designed to offer stability and resilience against market volatility; Piku, the governance token empowering PikuDAO members to steer the project's direction through democratic voting; and vePiku, a representation of voting power in the DAO's governance, obtained through the locking of $Piku tokens. Each token plays a crucial role in ensuring the functionality, security, and community-driven governance of our ecosystem. The following sections will provide a comprehensive overview of these tokens, outlining their mechanisms, use-cases, and how they collectively contribute to a decentralized and inclusive financial future.
Yield Optimized Stablecoin: USP
Governance token: Piku
DAO Voting Power Token: vePiku
