Converter Staked Cap USD STCUSD para Pirate Nation Token PIRATE

Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD. cUSD is a digital dollar issued on the Ethereum blockchain that can be used on any network. cUSD's reserve is backed by blue chip stablecoins such as USDC, USDT, pyUSD, BUIDL, and BENJI, i.e. issued by regulated institutions with transparent attestations. It is 1:1 redeemable for any of the available reserve assets. stcUSD is a savings product issued by staking cUSD. Any cUSD holder has open access to stcUSD. Yield is generated via an autonomous layer of operators, who self-select in and out based on the current hurdle rate of the protocol. The risk of yield generation is covered, meaning users have full downside protection that is verifiable by code.

Pirate Nation is a Web3 game where users collect pirates and send them on adventures to gather crafting materials, treasure, and pirate gold. Pirates gain experience and level up from their adventures. PIRATE is the utility token of Pirate Nation. Players can earn PIRATE by participating in quests, tournaments, ecosystem building, and other Pirate Nation related activities. PIRATE can be converted into Pirate Nation’s non-transferable in-game token, GEMS. GEMS can be used for various gameplay-enhancing benefits, such as speeding up timers, purchasing resources and PGLD (in-game soft currency), changing a pirate’s or ship’s name, or playing Pirate Nation’s player vs. environment system, Endless Gauntlet.