PET
pETH

JPEG’d ETH Price (pETH)

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About JPEG’d ETH

pETH is an Ethereum derivative supported by the JPEG'd protocol. It is minted when a user borrows against their NFT and burned when they decide to repay their loan. Unlike the 2% interest rate for borrowing PUSd, minting $pETH against an NFT has a 5% interest rate.