<p>apxUSD serves as the dollar token in the Apyx protocol, backed by a diversified basket of low-volatility, variable rate perpetual preferred shares from Digital Asset Treasuries. It functions as an over-collateralized stablecoin, with its price tracking the underlying basket and loosely pegged to $1, always backed by more than 100% collateral including protocol-owned assets. The protocol transforms off-chain dividend income into on-chain programmable money, allowing apxUSD to be used as collateral in DeFi and CeFi applications</p>

apxUSD

apxUSD is a synthetic dollar backed by preferred shares from DATs in Apyx protocol.

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