What is Piku Utility Token?

The Piku ecosystem is composed of necessary components for developing a yield-optimized stablecoin, including transparent yield backings and a DAO for decision-making. It operates on three main tokens: USP, a stablecoin aimed at providing market stability; PIKU, a utility token that allows participation in governance; and sPIKU, which denotes voting power in the DAO obtained by staking PIKU tokens.

The tokenomics of the PIKU Utility Token is designed to support the long-term goals and sustainability of PikuDAO. It includes a distribution model that encourages participation in the DAO and promotes the holding of USP, thereby aligning incentives among its users and governance participants.