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![Cryptovestor77 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3027644035.png) Cryptovestor [@Cryptovestor77](/creator/twitter/Cryptovestor77) on x 3870 followers
Created: 2024-02-13 16:15:41 UTC

Why $fxUSD?

The first dollar-pegged stablecoin that earns an outsized ETH staking yield.

A novel peg mechanism with an f/x pair.

ETH LSDs from both @lido and @fraxfinance will be the first to back $fxUSD.

2x more efficient incentive mechanics for LSDs & LRTs.

Capital efficient and scalable.

Earn native ETH yield by staking $fxUSD.

Cowswap integration to mint $fxUSD on the fly from the Cowswap interface.

4x leveraged ERC20 token as a byproduct of the peg mechanism.

Deep liquidity comes directly from the LSDs or LRTs curve pools!

No AMOs or complex mechanisms to maintain the peg.

As $fxUSD is used in DeFi, the rebalance pool yields shoot up.

We haven't even discussed one-click leverage and autocompounding yet. 👀

Or $pyUSD 👀 

Iykyk

@protocol_fx
@0xCha0s
@0xdaesu
@DAdvisoor
@DefiMoon
@DeFiDave22
@DeFi_Dad
@cryptocrouguer
@kmets_
@SharlynWu
@JasonHitchcock
@MrKKhann
@MetaCvx


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1757438400729084310/c:line.svg)

**Related Topics**
[fxusd](/topic/fxusd)
[mint](/topic/mint)
[cowswap](/topic/cowswap)
[fraxfinance](/topic/fraxfinance)
[staking](/topic/staking)
[coins stablecoin](/topic/coins-stablecoin)
[$fxusd](/topic/$fxusd)
[ethereum](/topic/ethereum)

[Post Link](https://x.com/Cryptovestor77/status/1757438400729084310)