UXD

UXD

Created using Figma
UXD is an algorithmic stablecoin, backed 100% by delta neutral position.
  • Pasar
    Pasangan
    Harga
    Volume 24H
    24 jam (harga)
    24 jam (volume)
  • Serum DEX
    UXP/EPJFWDD5AUFQSSQEM2QN1XZYBAPC8G4WEGGKZWYTDT1V satu tahun lalu
    $ 0.0485
    $ 46.487 K
    -8.13%
    42,486.11%
  • Serum DEX
    UXP/UXPHBOR3QG4UCIGNJFV7MQHHYFQKN68G45GOYVAEL2M % count% satu tahun yang lalu
    -
    -
    -
    -
  • Serum DEX
    UXP/USDC % count% satu tahun yang lalu
    $ 0.0574
    $ 12.562 K
    -1.06%
    23.87%
To be announced
Detail Token
Jantung
UXP
Total pasokan
7,000,000,000
detil tambahan
Kategori
Peron

Tentang UXD

Abstract. An algorithmic stablecoin 100% backed by a delta neutral position using perpetual swaps will enable individuals and organizations to exchange value in a familiar accounting unit without the need to interact with the banking system.

The stablecoin is pegged to fiat currencies by connecting to a derivatives dex. Users earn interest generated from the funding rate. Arbitrage ensures that the price of the stablecoins does not deviate from the price of fiat currencies. Any user will be able to issue and redeem the stablecoins for a decentralized cryptocurrency at par value.

Users can verify that the reserves equal the amount of stablecoins in circulation by checking the blockchain.

Since the collateral backing the stablecoin is not held by a centralized third party, the collateral is not at risk of being seized by a hostile third party.

The stablecoin will have the censorship resistant properties of cryptocurrency and the price stability of fiat currencies. The funding rate results in yield to the holders of the stablecoin, which makes the stablecoin an attractive store of value.

UXD Berita terakhir

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