# Frequently Asked Questions

## **Why** [PYUSD.pizza](https://pyusd-garden.gitbook.io/pyusd.pizza/what-is-pyusd.pizza)**?**

We believe PYUSD can be a gateway to the crypto world for millions of people, and we want to help make that happen.

PYUSD has the potential to be the people's fiat-backed stable, with the peg security of protocols like USDC, but accessible on/off-ramp liquidity available to millions of users.

## **What is PYUSD?**

PYUSD is a token that lives on the Ethereum blockchain. It is pegged to the US Dollar, so 1 PYUSD = 1 USD.

## How does this compare to \_\_\_\_\_?

Some great [Payment](https://docs.openzeppelin.com/contracts/4.x/api/finance#PaymentSplitter) [Splitters](https://splits.org/) already exist!&#x20;

PYUSD.pizza is designed for small recipient groups, has a bias towards (but is not limited to!) PYUSD, and has an easy and silly UI that integrates with [PYUSD.to](https://pyusd.to/).

If you're looking for a more robust and sophisticated splitter, please check out [Splits](https://splits.org/).

## **Is this an official PayPal product?**

Most definitely not! This is a proof of concept app made by [Mono Koto](https://mono-koto.com/) and [Garden Labs](https://gardenlabs.xyz/). PayPal doesn't endorse this app, and we aren't shilling PayPal! We just want to make it easier for normal people to get paid with crypto.

## **Who is in charge around here?**

You are. The contracts have **no owners** and are **immutable**.

That also means if you send tokens or ETH to any of these contracts, there's no way to rescue or undo it.

The [PYUSD.pizza](https://pyusd-garden.gitbook.io/pyusd.pizza/what-is-pyusd.pizza) app is just a frontend to the contracts, and was created by [Mono Koto](https://mono-koto.com/) in collaboration with [Garden Labs](https://gardenlabs.xyz/).&#x20;

If the web app someday disappears, your splitters and their deposited assets are still accessible via other means (e.g. Etherscan or whatever exists in the future).

## **What are the fees?**

The [PYUSD.pizza](https://pyusd-garden.gitbook.io/pyusd.pizza/what-is-pyusd.pizza) protocol doesn't charge any fees. But when people pay into the pizza splitter or release fees, there will be a few costs:

* Gas fees for the Ethereum network
* "Bounty" fees paid out to whoever does the release for you. This is not enabled by default, and currently is not available via the UI.

The exact USD value of such fees also depends on the current asset:USD exchange rate at the time.
