👑PSH - Poseidollar Shares

Poseidollar Shares represent the value of the Poseidollar Protocol and demonstrate confidence in its ability to maintain the PDO peg.

During Expansion Epoch (when the TWAP - time-weighted average price of PDO is above the 1 USDC peg), the protocol mints PDO and distributes it proportionally to all PSH holders who have staked their tokens in the boardroom.

In addition, PSH is used to achieve a completely decentralized on-chain governance where PSH holders have voting rights and the ability to create proposals to enhance the protocol.

PSH has a maximum total supply of 13,500 tokens.

1,400 PSH are allocated to Poseidollar Treasury. This allocation is vested linearly over 6 months.

The remaining 12,000 PSH are allocated to incentivize Liquidity Providers in 3 pools PDO/USDC, PSH/SUI and PSH/SCB after 4 days since the protocol launch, with a duration of 240 days. Detail in PSH Distribution plan:

🗓️PSH Distribution

Contract: 0x3c1227010835ecf9cb8f2bf9993aa9378bb951f0b3a098de6f0ee20385e01c4a::psh::PSH