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Stability system in the protocol deterministically expands and contracts the PDD supply to maintain PDD's peg to 1 MATIC token. So in short the ideal balance is the target of 1 PDD to be peged to 1 MATIC.
PolyDogeDAO is designed by the PolyDoge team as the algorithmic stablecoin which specifically uses an “algorithmic central protocol” approach to manage the supply of PolyDogeDollar tokens according to a predetermined logic.
The algorithm is in charge of balancing PolyDogeDollar supply to a fluctuating demand, ensuring that the token price remains relatively stable.
The live PDDOLLAR price today is $3.55e-13 USD with a 24-hour trading volume of $0.844730 USD. We update our PDD to USD price in real-time. PDDOLLAR is down 3.00% in the last 24 hours. The current CoinMarketCap ranking is #8407, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 PDD coins.