We are happy to announce that ETH trove goes live now!

https://eth.polyquity.org/trove-eth

New Collateral

ETH - 0x7ceb23fd6bc0add59e62ac25578270cff1b9f619

Mint

PUSD.ETH — 0xb835f5cd875a18a9d81c584ad524f909e5dad900

Total Collateral Ratio (TCR)

150%

Minimum Collateral Ratio (MCR)

110%

Stability Pool(PUSD.ETH)

Stability pool rewards (3.2%): Issued to users who deposit PUSD.ETH to the Stability Pool. The rewards described by the following function: 32,000,000 * (1–0.5^year)

Note

PUSD.ETH will be added to PolyQuity Dollar (PYD) contract after 12 hours because of timelock.

Links

Website:https://polyquity.org/

Gitbook: https://docs.polyquity.org/

Twitter:https://twitter.com/polyquity_org

Telegram: https://t.me/polyquityorg

Email:contact@polyquity.org

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We have completed the first phase of work for “Multi-Collateral” version and deployed the PolyQuity Dollar(PYD) contract.

Token Name:

PolyQuity Dollar (PYD)

Contract:

0x0527c8c43250279d6eb74da1078193f5316fc9a0 (ERC-20)

Decimals:

18

Mint PolyQuity Dollar (PYD):

In the version(V1.5.00) released today, users can already start converting PUSD to PYD.

After the “Multi-Collateral” version is released, we will start some incentive pools to reward liquidity providers of PYD/ Other tokens.

Links

Website:https://polyquity.org/

Gitbook: https://docs.polyquity.org/

Twitter:https://twitter.com/polyquity_org

Telegram: https://t.me/polyquityorg

Email:contact@polyquity.org

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PolyQuity

PolyQuity

99 Followers

PolyQuity provides a decentralized borrowing protocol with interest-free loans, high capital efficiency on Polygon network.