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

Feb 27, 2024

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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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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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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.