POWERCITY Earn Protocol logo

POWERCITY Earn Protocol

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Category: CDP
TVL: $1.7M

Description

EARN Protocol is the Enhanced Autonomous Rewards Network, a decentralized borrowing protocol on PulseChain that allows users to draw interest-free loans against $PLSX used as collateral. Loans are paid out in PXDC, a USD pegged stablecoin, and require a minimum collateral ratio of 110%. The protocol is non-custodial, immutable, and governance-free.