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What is PIDAO?

PIDAO is a decentralized reserve currency protocol based on the PID token.

Full description of PIDAO

PIDAO is a Decentralized (?) reserve currency protocol based on the PID token. Each PID Token (?) is backed by a basket of assets (e.g. BUSD, USDT) in the PIDAO treasury, giving it an intrinsic value that it cannot fall below. PIDAO also introduces unique economic and game-theoretic dynamics into the market through Staking (?) and bonding.
  • Exchange symbol (?): PID
  • Cryptocurrency type (?): Token (?)

PIDAO for developers

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 Source: NOMICS