In this article, we will touch on the IDO method that was used on Solana in the past, explain the advantages and disadvantages of each IDO, and why UXD Protocol chose the Mango Markets type IDO with a small modification.
IDO Link: https://ido.uxd.fi

We are excited to finally launch our…

We are super excited to announce the launch of our devnet! You can now go to app.uxd.fi and mint/redeem UXD with SOL. We will gradually support other crypto assets.
UXD is a stablecoin that is backed by a delta-neutral position and pegged to the USD. Below are the steps to mint/redeem UXD.

  1. Connect your wallet.

Introducing $UXP

We’re excited to introduce the UXD Protocol Token (UXP) the governance token for UXD Protocol. UXP will initially be distributed through a token sale and then be distributed through liquidity mining and other means decided by the DAO. UXP has the following use case:

  1. UXP token holders will be able…

After a successful proof of concept exploration, the Version 0.1 of Soteria, and the Soteria brand, will sunset on August 27, 2021. The new brand, UXD Protocol, will launch with the private testnet in early September, followed by a public mainnet shortly thereafter. Starting today, there is a 2-week grace…

In this opening expo into the derivatives markets and trading, we will dive into the futures market as it is largely the engine behind keeping equilibrium in the Soteria ecosystem.

19th century futures trading

Futures trading on a formal futures exchange in the U.S. originated with the formation of the Chicago Board of Trade…

This post is a tentative roadmap for Soteria. Since the space moves so fast we have the set the roadmap for the next 3–6 months, which is better since it allows us to move fast and iterate. A more comprehensive roadmap will be published in the future.

Rebranding

We are currently…

The market has made its desire for stablecoins clear as more of the world’s value moves on-chain, and this momentum shows no signs of stopping.

While the boundaries are not always clear, stablecoins can largely be grouped into fiat-backed (USDT, USDC, BUSD, etc.), crypto-collateralized (DAI, sUSD, mStable, etc.), …

UXD Protocol

Algorithmic stablecoin backed 100% by a delta neutral position using derivatives.

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