UXD solves the “Stablecoin Trilemma”

This is our second post on the essential concepts of UXD Protocol. In our last post, we explained the concepts of Financial Derivatives, Delta, and Delta-Neutrality. The goal of these educational posts is to build a nice intuition for UXD, rather than delve into the dirty technical details and mathematics.

In this article, we will give an update on the progress of UXD Protocol development, and provide a broad vision/roadmap for UXD. This is a longer post, so feel free to read the tl;dr and get back to your regularly scheduled degen activities.


  • We’ve added six team members in…

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…

UXD Protocol

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

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