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PEG (PEG) is part of the Hyperstable ecosystem, functioning as a hyperefficient stablecoin engine designed to optimize yield generation. It is intricately tied to the performance of the USH. This over-collateralized and decentralized stablecoin allows users to mint, farm, and lock assets while participating in a robust financial ecosystem. The system supports activities such as providing liquidity and locking PEG to earn protocol revenue, resulting in an attractive framework for users seeking to maximize their investments.
The Hyperstable Engine facilitates the distribution of revenue generated through the collateralized debt position (CDP) module to those who lock their PEG tokens within the governance module. Additionally, the protocol incentivizes users with a minting bonus, a borrowing incentive paid in PEG tokens to promote growth and offset interest rates for USH minters. Furthermore, a referral bonus system allows users to earn PEG tokens based on the USH minted through their referral code, encouraging community engagement and growth.
Regarding security and reliability, PEG benefits from the oversight of esteemed industry auditors and advisors, ensuring adherence to high standards. This foundation allows users to engage with the platform confidently, knowing that extensive audits and expert guidance support their investments. Overall, PEG embodies a visionary approach to decentralized finance, focusing on accessibility, security, and an incentivized community-driven framework.
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