ProjectUSD – A Fully Autonomous Stablecoin System for PulseChain
(Whitepaper V2.1 – English Edition)
“When the code cannot lie, humanity no longer needs to.”
Overview
ProjectUSD is a community-driven initiative to design a fully autonomous, oracle-free, and self-stabilizing stablecoin system built natively on PulseChain.
Unlike most stablecoins that rely on centralized collateral, off-chain price feeds, or trusted intermediaries, ProjectUSD aims to achieve true on-chain monetary autonomy — maintaining price equilibrium through algorithmic market dynamics, not external control.
Key Principles
-
No Oracles. The system relies purely on on-chain data and internal mechanisms. -
No Banks or Bridges. 100 % native to PulseChain, removing single points of failure. -
Algorithmic Stability. A dynamic supply/valuation model governs the peg without external feeds. -
Transparent & Immutable. Every rule is enforced by code, not by trust.
Why It Matters
The PulseChain ecosystem deserves a native, trustless stablecoin that embodies Richard Heart’s vision of a fully on-chain financial system.
ProjectUSD seeks to fill that role — providing a resilient monetary foundation for DeFi on PulseChain.
Whitepaper (V2.1)
English Edition:
GitHub - ProjectUSD: Autonomous monetary system for PulseChain
Feedback & Discussion
The project is open for technical feedback, conceptual critique, and community collaboration.
Comments and constructive input from PulseChain developers and DeFi builders are especially appreciated.