LUSD on PulseChain is a forked copy of the stablecoin made by Liquity Protocol on Ethereum. There is a plan to exponentially reduce the supply, in-which the community rallied to achieve the goal of the "peggening", by creating a group fund to activate an Oracle and reverse the price values of ETH/USD to report the ETH price as PLS, which reinstates the true Dollar value peg. This is a community-ran project with the common goal to simply bring gains to all of PulseChain.