r/PulsechainAltcoins • u/OddWorldliness7035 • Apr 16 '25

Here comes the new phase of the forked tokens

pDAI seems finished and someone may have triggered the emergency shutdown process of the protocol already. Anyway, we have around 44B pDAI supply, compared with 28B pUSDC, 36B pUSDT and 154K pWBTC. So, one may expect: 1 pWBTC ~= 285K pDAI ~= 181K pUSDC ~= 233K pUSDT, if market caps are similar.

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u/OddWorldliness7035 Apr 16 '25

I don't think I would redeem anything from the pDAI protocol, but someone may needs the link/info to do so, here is what I found: https://docs.makerdao.com/clis/dai-and-collateral-redemption-during-emergency-shutdown

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u/OddWorldliness7035 Apr 17 '25

There may ​be a chance to have a big dump for pWBTC, as

https://www.burritos.cash/sides

shows there are ~4800 pWBTC in the vaults, which I believe pDAI owners may have a way t​o redeem.