【??? ??】Enter to watch online.Pure.cash: More Than A Decentralized Version of Ethena
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Pure.cash countdown begins: game-changing protocol launches within a week. The project is built on Ethereum and aims to revolutionize the crypto industry, offering more than just a decentralized version of Ethena.
Highlights
- Pure USD (PUSD): A scalable, decentralized synthetic dollar.
- LongOnly: A zero funding rate perpetual contract product.
- Reverse Issuance Model: Airdropping 100% of the maximum token supply at Token Generation Event (TGE), followed by continuous token burns.
- Fixed Price Burning Mechanism: A revolutionary innovation for token empowerment.
From a fundamental perspective, Pure.cash is a decentralized version of Ethena, employing a delta-neutral strategy utilizing perpetual contracts to issue the stablecoin PUSD. Backed by ETH with corresponding equal short positions, PUSD consistently maintains a delta-neutral status, achieving maximum capital efficiency with full crypto asset collateralization.
