USDx
Main Network
5.0
0 Ratings
What is USDx? USDx has been onboarded by dForce as the first and cornerstone protocol, which is a decentralized and synthetic indexed stablecoin with interest bearing capability.USDx is pegged into a basket of constituent stablecoins (1 USDx = 0.35 USDC + 0.35 PAX + 0.3 TUSD) at a pre-determined weighting, which can be adjusted via on-chain governance. USDx carries a number of benefits including interest-bearing capability (through Lendf.Me), simple and robust trust model, risk diversification to avoid single-point failure, multi-layer insurance mechanism, and decentralized governance.
24Hr Users
1
Total Unique Users
107

Dapp Details

USDx
5.0
Main Network
Web
EN
What is USDx?
USDx has been onboarded by dForce as the first and cornerstone protocol, which is a decentralized and synthetic indexed stablecoin with interest bearing capability.USDx is pegged into a basket of constituent stablecoins (1 USDx = 0.35 USDC + 0.35 PAX + 0.3 TUSD) at a pre-determined weighting, which can be adjusted via on-chain governance. USDx carries a number of benefits including interest-bearing capability (through Lendf.Me), simple and robust trust model, risk diversification to avoid single-point failure, multi-layer insurance mechanism, and decentralized governance.
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