This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.
PulseChain, Ethereum’s high-speed Layer 1 fork, is embroiled in controversy as its stablecoin pDAI faces instability. Founder Richard Heart has accused MakerDAO of vulnerabilities, sparking fears over PulseChain’s DeFi ecosystem. The community now races to restore confidence amid growing scrutiny.
- PulseChain’s pDAI stablecoin faces instability amid allegations of MakerDAO governance flaws by founder Richard Heart.
- The blockchain’s massive ERC-20 token airdrop and Ethereum compatibility initially drove rapid DeFi adoption.
- Community efforts to restore pDAI’s peg are underway, but long-term sustainability remains uncertain.
📎 Related coverage from: crypto-news-flash.com