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PSM · definition | The Book Of Blocks

The knowledge atlas/PSM

DeFi ↗

PSM

1 min readQuick definition

The essential idea

A Maker-style module that swaps a trusted stablecoin 1:1 for Dai/USDS to defend the peg.

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The definition
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A starting point

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This entry has a concise definition. A detailed, sourced reading is still to come.

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ProtocolsMakerDAO / Sky↗AssetsStablecoin↗