UXD Protocol retweeted
So basically there is no risk free money. Crypto is no worse then the alternatives. I think protocols like @UXDProtocol will eventually power stable payment rails for users.
UXD Protocol retweeted
2/Builders can win the Grand Prize & speciality prizes:
📲 Mobile Apps by @MagicEden
🪙 Finance/Payments by @helio_pay
🤖 AI by @UXDProtocol
🛜 DePIN by @ionet_official
🛠 Crypto Infra by @IronforgeCloud
🎮 Gaming by @Phantom
🤝 DAOs/Network States by @Balajis & @thenetworkstate
1/ Most stablecoins pick two: stable, decentralized, or capital efficient.
uxd.fi tried approaching the problem differently with delta-neutral mechanics instead of the usual overcollateralized design.
2/ The interesting part isn’t just the stablecoin itself, but the idea of making yield native to the system while keeping exposure hedged.
A different direction from the typical “print and pray” model.
UXD Protocol retweeted
DeFi governance update – 26 August 2024
📝 Proposals:
‣ @eulerfinance establishing XP points program
‣ @swiss_staking requesting 21M CRV from the DAO for @curvefinance development
‣ @arbitrum increasing the L2 Core Timelock delay
🗳️ Votes:
‣ @UXDProtocol distributing its $52M insurance fund
‣ @mangomarkets settling with the SEC
‣ @MakerDAO moving into Phase 2 of PSM migration



