DAI on PulseChain
यह क्या है
DAI on PulseChain, often referred to as pDAI, is a bridged version of the DAI stablecoin that exists on the PulseChain network rather than its original home on Ethereum. Its stated purpose is to give PulseChain users access to a dollar-pegged digital asset for payments, transfers, and use within PulseChain-based applications. The project description emphasizes user sovereignty and resistance to censorship as core properties it claims to offer.
pDAI is a bridged token, meaning it was created by locking or representing original DAI from another blockchain and issuing a corresponding token on PulseChain. It lives entirely on the PulseChain network, which uses its own validator set rather than Ethereum's consensus mechanism; no consensus algorithm or block time is stored for this asset specifically. The token functions as a unit of account and medium of exchange within the PulseChain ecosystem, with its supply fully issued — the supply-issued figure stands at 100 percent and no maximum supply cap is recorded.
No fee stream attributable to pDAI as a protocol is reflected in the stored data, which is consistent with its nature as a bridged representation of another asset rather than a protocol that collects revenue. Because there is no fee income recorded, fee-based valuation measures that this site might apply to other assets are not meaningful here. The token's market capitalization is recorded at approximately 85.1 million USD against a circulating supply of roughly 44.4 billion tokens, with a fully diluted value equal to the market cap given the zero dilution overhang.
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