Loading...
UXD Protocol is an algorithmic stablecoin supported entirely through a delta-neutral strategy built with perpetual swaps. Its goal is to address the stablecoin “trilemma” - decentralization, stability, and capital efficiency. Today’s stablecoins typically satisfy only two of these three goals, and UXD aims to meet all three.
Holders of the UXP token can vote on proposals designed to strengthen the UXD Protocol’s value. Any cash flow produced by the delta-neutral position may be shared with UXP token holders, but this distribution requires a vote from the UXP community. If the insurance fund is depleted, UXP tokens serve as the final reserve to back it.
UXD Basics:
1=1 means anyone can always mint 1 UXD for 1 USD;The mint/redemption process is instant;Funding rate from the delta-neutral position is automatically distributed to UXD holders;Censorship Resistant - transact with anyone, anywhere and anytime.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
|---|