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PolyQuity

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Category: CDP
TVL: $92K

Description

PolyQuity is a decentralized borrowing protocol on Polygon. PUSD is minted through staking Matic and is a USD-pegged stablecoin used to pay out loans on the PolyQuity protocol. PYQ is the secondary token issued by PolyQuity, capturing fee revenue and incentivizing early adopters.