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pETH PETH
PETH
3169.4
$
1.69 %
Change 24h
Market Cap
$ 0
Volume 24h
$ 17,145
PETH
$
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.