UXD Protocol
UXP

$0.00616534

1.11%
  • Market Cap
    $24,503,090.724
  • 24 Hour Trading Vol
    $30,505.053
  • Fully Diluted Valuation
    $43,157,408.728
  • Circulating Supply
    3,975,316,804
  • Total Supply
    7,000,000,000
  • Max Supply
    7,000,000,000
UXD Protocol
UXD is an algorithmic stablecoin, backed 100% by delta neutral position. UXP is a governance token of the protocol.
Socials
Category
DeFi
UXD Protocol Converter
UXP
1 UXP = $0.00616534
UXP Statistics
  • UXD Protocol Price
    $0.00616534
  • Trading Volume
    $30,505.053
  • Market Cap
    $24,503,090.724
UXD Protocol Price Chart (UXP)

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24h
7d
30d
3M
1Y
YTD
+1.11%
+23.10%
-22.01%
-40.72%
-3.46%
-48.65%
About UXD Protocol

UXD Protocol is an algorithmic stablecoin backed 100% by a delta-neutral position using perpetual swaps. The protocol intends on solving the stablecoin trilemma, which is decentralization, stability, and capital efficiency. Current stablecoin iterations can only achieve 2 out of 3. The UXD intends on creating a stablecoin that achieves all 3.

UXP token holders will be able to vote on proposals that increase the value of UXD Protocol. Cash flow from the delta-neutral position can be distributed to UXP token holders. (This has to be decided by a vote by UXP token holders). UXP tokens will be the last reserve to back the insurance fund, if the insurance fund runs out of funds.

UXD Basics:

1=1 means that Anyone can always mint 1 UXD for 1 USD;Mint/Redemption process is instant;The funding rate of the delta-neutral position will be distributed automatically to UXD holders;Censorship Resistant - Transact with anyone, anywhere and anytime.
UXD Protocol Markets
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