622
edits
(USDP stablecoin) |
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* This is the percentage charged every time you borrow USDP. All issuance fees collected will go to developing the project. For example, if the issuance fee is 0.9% and you want to get 10 USDP, you'll have to issue (10 / 0.9991) USDP. 10 USDP will go to you, and the remaining amount will go to the development fund. | * This is the percentage charged every time you borrow USDP. All issuance fees collected will go to developing the project. For example, if the issuance fee is 0.9% and you want to get 10 USDP, you'll have to issue (10 / 0.9991) USDP. 10 USDP will go to you, and the remaining amount will go to the development fund. | ||
== Sources: == | |||
* https://docs.unit.xyz/ | |||
* https://defillama.com/peggedasset/usdp-stablecoin | |||
[[Category:Stablecoin]] |