PDDOLLAR Price Chart Update [PDD]

The PDD price update as of now is $0. In the previous 24 hours, its trading volume was $0, and its value has increased by %. As of now, PDD's live market cap is $0, and it is ranked as the #24056 on the Coincu. PDD has a circulating supply of 62,866,517,238,984 and a maximum supply of 62,866,517,238,984.

The PDDOLLAR Stability System

The PDDOLLAR stability system within the protocol works by expanding and contracting the supply of PDDOLLAR in a deterministic manner. Its goal is to maintain the peg of 1 PDDOLLAR to 1 MATIC token, resulting in an ideal balance.

PolyDogeDAO and the Algorithmic Central Protocol

PolyDogeDAO has been developed by the PolyDoge team as an algorithmic stablecoin. It utilizes an "algorithmic central protocol" approach to effectively manage the supply of PolyDogeDollar tokens based on a predetermined logic.

This algorithm takes charge of adjusting the PolyDogeDollar supply in accordance with fluctuating demand, ensuring that the token's price remains relatively stable.