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APTune | Decode the Builder Ep.2 – Earnium What does a fair DEX actually look like? In this episode, Michelle (CMO) breaks down how Earnium is rethinking trading on Aptos - where value doesn’t just flow to the protocol, but back to the people who create it. From launching...

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Aptos AlphaTeam

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20,666 views • 8 months ago •via X (Twitter)

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The #pDAI picture has become clear, in what some believe are the final moments before the peg p-DaiMaxi has found that the secret L2 will deliver the peg through a protocol using a sealed vault model - where collateral goes in, but isn’t redeemed by us or arbitrage bots. Think of it like the Greyscale model. Where assets flow in and tradable shares are distributed. In this model, #pDAI acts as a share. #pDAI as a share of this vaults value can maintain its peg to $1 without the need for it to be redeemed by the underlying assets. ⬇️ If pDAI $1: The treasury sells pDAI to the market and uses the proceeds to buy #WPLS, #HEX, #PLSX - injecting value into other ecosystem tokens. ⬇️ This is where we’ll see the #Hex encapsulated stakes appear as collateral. This is where the OA bags will end up. This is where our story comes to its climax. #pDAI to $1 Video from @files_dirty 👇

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