what's PikuDAO?
PikuDAO is a decentralized autonomous organization focused on managing reserves and yield for the USP stablecoin. It optimizes yield generation through strategic allocation of assets, providing users with a stablecoin that accrues value over time without traditional volatility risks. Users can deposit into USP pools to earn yields plus additional rewards like PIKU airdrops. The protocol emphasizes transparency in reserve management and yield strategies, governed by DAO token holders.
PikuDAO reached $6.22M TVL on its native yield product.
Reached TVL of $6.22M on its native yield product.
Piku's USP product is classified as a riskier play and excluded from a list of sustainable yield-bearing assets due to concerns that off-chain FX arbitrage can be sketchy in choppy markets.