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fxUSD: Is This The Best New Stablecoin?|Quick Hit

fxUSD: Is This The Best New Stablecoin?|Quick Hit

FromThe Edge Podcast


fxUSD: Is This The Best New Stablecoin?|Quick Hit

FromThe Edge Podcast

ratings:
Length:
39 minutes
Released:
Feb 27, 2024
Format:
Podcast episode

Description

Cryptovestor is a CVX maximalist and contributor at f(x) and AladdinDAO.
In this episode, we talk about a promising new stablecoin design that might offer greater stability, yield and resilience, called fxUSD. Backed by ETH LSTs and LRTs, fxUSD represents a serious new contender in the stablecoin space. Learn more before its imminent launch!
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? Essential Show Links ?
► Youtube: https://youtube.com/@defidad
► Apple: https://tinyurl.com/edgepod
► Spotify: https://tinyurl.com/edgepodspotify
► Linktree: https://linktr.ee/edge_pod
► Follow DeFi Dad: https://twitter.com/DeFi_Dad
► Follow Nomatic: https://twitter.com/Nomaticcap
► Learn about DeFi and Web3: http://defidad.com/
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The Edge Podcast Sponsor Resources
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?‍? MANTLE | THE ETHEREUM L2 FOR TOP NATIVE YIELDS
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Timestamps
0:00 - Intro
5:49 - Background on f(x)
11:00 - Comparing fxUSD vs other stablecoins
14:11 - How fxUSD UI works?
20:39 - Depositing into f(x)
23:07 - Asset(s) supported
24:37 - How to use fxUSD
28:20 - Why pair with PYUSD?
30:00 - Security / audits
34:32 - FXN tokenomics
37:06 - Closing
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? Guest Links ?
► f(x) Website: https://fx.aladdin.club/
► f(x) on Twitter: https://twitter.com/protocol_fx
► Cryptovestor on Twitter: https://twitter.com/Cryptovestor77
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If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. Both Nomatic and DeFi Dad hold FXN tokens. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.
Released:
Feb 27, 2024
Format:
Podcast episode

Titles in the series (88)

Join crypto investors and power-users, DeFi Dad and Nomatic from Fourth Revolution Capital (4RC) as they teach you about the fast-paced world of DeFi, Web3, and AI! Whether you're a crypto pro or just getting started, gain your own edge from insightful interviews with industry-leading founders, developers, and fund managers.