PandaFantasy
  • Introduction
  • How It Works
    • Buying and Selling Keys
      • How to Purchase Keys
      • The Role of the Automated Market Maker (AMM)
      • Key Price Dynamics and Supply Changes
      • Smart Contract Functionality for Instant Sales
    • Bonus Pools
      • Rewards Pool Allocation
      • Virtual Dividend bonus
      • Pick 5 Bonus Pool
  • PANDA & USDp
    • PANDA
    • USDp (PandaSea Dollar)
      • Overcollateralization & Backing
      • Minting and Burning Mechanics
      • Not a traditional Stablecoin
    • Benefits to PandaFantasy & PandaSea
    • Getting Started with PANDA & USDp
    • Token FAQ
  • FAQ
    • Is this betting?
    • Are Panda Fantasy Keys securities?
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  1. PANDA & USDp
  2. USDp (PandaSea Dollar)

Not a traditional Stablecoin

Why USDp Is Not a Typical Stablecoin

  • Internal Ecosystem Focus: USDp’s primary function is to streamline in-game payments and club partnerships—not to serve as a globally recognized stable asset.

  • Value Anchoring: While overcollateralized with stable assets (e.g., USDC) and well-known cryptocurrencies, as well as with keys held by the pool and PANDA granted to the pool, maintains its value through robust collateral management with 1:1 value redemption from digital assets in the pool on demand and DAO governance.

PreviousMinting and Burning MechanicsNextBenefits to PandaFantasy & PandaSea

Last updated 2 months ago