pETH
PETH

2344.3
$
0.00 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 241,382
Total Supply
8116
PETH
$
# Exchange Pair Price Volume 24h

Description

pETH is an Ethereum derivative supported by the JPEG'd protocol. It is minted when a user borrows against their NFT and burned when they decide to repay their loan. Unlike the 2% interest rate for borrowing PUSd, minting $pETH against an NFT has a 5% interest rate.