UXD Protocol describes itself as a collateralized decentralized stablecoin built on Solana Network and is backed by a delta-neutral position using derivatives. UXD Protocol is non-custodial, meaning that it does not hold its user's deposited digital ...Moreassets. Users are able to mint or redeem UXD whenever they want without any required permissions. Each UXD can be minted for $1 worth of crypto assets. The protocol defined its goal to solve the "stablecoin trilemma" and ensure that UXD is stable, decentralized, and capital efficient.
A quick snapshot of UXD Stablecoin ROI (return on investment) over different time periods.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to firstname.lastname@example.org.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from UXD Stablecoin's Twitter and Reddit accounts.
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