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CryptocurrenciesUXD Protocol price
UXD Protocol UXP
Contracts/Blockchains:

UXD Protocol Price

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About UXD Protocol

UXD is an algorithmic stablecoin, backed 100% by delta neutral position. UXP is a governance token of the protocol.
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UXD Protocol Live Chart
The UXD Protocol to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
UXP Price Statistics
Market Cap
N/A
ATH Market Cap
$ 32,545,007
24h Trade Volume
N/A
Total Supply
UXP 7,000,000,000
Max Supply
UXP 7,000,000,000

Token Sale

IDO is ended: 12 Nov — 14 Nov 2021
All Token Sale Data >
IDO Price
$ 0.190
Raise
$ 57,086,132
Tokens For Sale
300,000,000
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UXD Protocol Markets

ExchangePairLast PriceChange (24H)High (24h)Low (24h)SpreadVolume (24h)

UXD Protocol Live Info Today

UXD Protocol is an algorithmic stablecoin backed 100% by a delta-neutral position using perpetual swaps. The protocol intends on solving the stablecoin trilemma, which is decentralization, stability, and capital efficiency. Current stablecoin iterations can only achieve 2 out of 3. The UXD intends on creating a stablecoin that achieves all 3.

UXP token holders will be able to vote on proposals that increase the value of UXD Protocol. Cash flow from the delta-neutral position can be distributed to UXP token holders. (This has to be decided by a vote by UXP token holders). UXP tokens will be the last reserve to back the insurance fund, if the insurance fund runs out of funds.

UXD Basics:

  • 1=1 means that Anyone can always mint 1 UXD for 1 USD;
  • Mint/Redemption process is instant;
  • The funding rate of the delta-neutral position will be distributed automatically to UXD holders;
  • Censorship Resistant - Transact with anyone, anywhere and anytime.

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