To everyone who wants to make it on PulseChain
To everyone who wants a working MakerDAO for $pDAI
Richard does not work for you.
Be part of the solution. $PMKR
@LibertySwapFi
It just so happens the community has a fully functional MakerDAO on PulseChain.
PaiMaker is a the fully decentralised, owner-renounced, fair-launch DAO minting the Stablecoin $PAI with NO creator privileges.
Builders, devs, keepers and casuals all enter and interact equally within
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🔱PaiMaker is a direct community fork of MakerDAO on PulseChain
PaiMaker mints the native overcollateralized debt-backed stable $PAI. Every PAI is owed debt, so price naturally stays at (and returns too) ~$1 as debt is repayed, with the support of the broader system mechanics.
🔑Key mechanics already live:
• Lock collateral ($pDAI, $HEX, $PLS etc.) in vaults → mint PAI:
Direct path to parity as compounding creates price floors and buy pressure from already held assets.
• PSM is LIVE for tight arbitrage:
~1:1 swaps between $PAI and other stables (USDC, DAI)
• Flapper handles profits:
Once system fees hit the threshold, users run a Dutch auction to buy the surplus by burning $PMKR. This creates deflationary pressure on the governance token while cycling value back to the community.
•Flop Auctions handles bad debt similarly
✅️ All deployer roles are permanently revoked.
❌️ No admin keys
❌️ No overrides
❌️ No backdoors
Every change to debt ceilings, duties, surplus strategy and something like the DualPool hook can be updated/integrated via the proven $PMKR governance system.
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🫂PaiMaker is 100% community owned.
Stake $PMKR, vote on proposals, join auctions, use the system, and benefit from $PAI
This is a decentralised stable, earning yield from overcollateralized positions with a regenerative fee structure.
Once the DualPool hook is open sourced after audits, it’s as simple as plug and play for PaiMaker, if thats what the community wants.
The flywheel is unlocking on PaiMaker, where we control both our destiny and the peg...
pDAI : PAI
$1 : $1