[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Cryptovestor [@Cryptovestor77](/creator/twitter/Cryptovestor77) on x 3874 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 $pyUSD 👀 Iykyk @protocol_fx @0xCha0s @0xdaesu @DAdvisoor @DefiMoon @DeFiDave22 @DeFi_Dad @cryptocrouguer @kmets_ @SharlynWu @JasonHitchcock @MrKKhann @MetaCvx XXXXXX engagements  **Related Topics** [fxusd](/topic/fxusd) [mint](/topic/mint) [cowswap](/topic/cowswap) [lido](/topic/lido) [peg](/topic/peg) [staking](/topic/staking) [coins stablecoin](/topic/coins-stablecoin) [$fxusd](/topic/$fxusd) [Post Link](https://x.com/Cryptovestor77/status/1757438400729084310)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Cryptovestor @Cryptovestor77 on x 3874 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
Related Topics fxusd mint cowswap lido peg staking coins stablecoin $fxusd
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