$PUSd
Borrow and swap $PUSd to utilize the value of your NFTs throughout DeFi
Last updated
Borrow and swap $PUSd to utilize the value of your NFTs throughout DeFi
Last updated
PUSd is the stablecoin synthetic of JPEG'd. It is minted when a user borrows against their NFT and burned when they decide to repay their loan. The base borrow rate for PUSd borrows on JPEG'd is 2%.
Like pETH, PUSd is overcollateralized by the value of the NFTs in JPEG'd vaults.
PUSd can be swapped to USDC / USDT / DAI using the JPEG'd Swap, or by directly accessing the Curve factory pool.
A user cannot borrow both pETH and PUSd from the same vault.
Learn how to borrow PUSd in our borrowing guide.
