Fig. 03—Treasury
Mint or redeem pUSD
Plain 1:1 conversion against USDG through the Porus Treasury — no stock collateral, no borrowing, always redeemable while the Treasury holds reserve.
Treasury
USDG
Balance: 0.0000
1 USDG → 1 pUSD, always.
pUSD total supply
$0
Treasury USDG reserve
$0
Curve pool
Open on curve.finance ↗Trade pUSD ⇄ USDG
Swap directly on the pUSD/USDG StableSwap pool — the same 1:1 arbitrage the Treasury guarantees, just cheaper and instant.