JPEG-JPEG'dDetailed Description

JPEG-JPEG'd Detailed Description

JPEG'd is bridging the gap between DeFi and NFTs. Users will deposit their Cryptopunk into a smart contract and be able to mint a synchronized stablecoin, PUSd (read: PUSS - dee), effectively providing liquidity to their punks and being able to earn yield in DeFi. This transformed Cypherpunks from a static investment into a yield-earning product. The protocol will be governed by a governance token, JPEG, which will oversee, manage and change the parameters of the protocol.