As a part of UXD Protocol’s continued research into various cross-chain strategies to bring UXD to various ecosystems, we have completed a survey of some of the leading interoperability protocols that exist today, outlining a general framework for thinking about cross-chain protocols, evaluating them on a high level technical basis, and recommending areas for UXD Protocol to explore further.
Note that this report was originally written for internal purposes only, so in some cases proper attribution may not have been made. If this is the case, please reach out to us on Discord or Twitter and we will happily provide attribution.

See here for the report.

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We are excited to announce the launch of our devnet on Optimism!You can now go to https://optimism.uxd.fi/ and mint/redeem UXD with ETH.
UXD is a stablecoin that is backed by a delta-neutral position and pegged to the USD. UXD on Optimism is integrated with Perpetual Protocols to create the delta-neutral position. Below are the steps to mint/redeem UXD.

  1. Connect your wallet(Metamask only)

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UXD Protocol

UXD Protocol

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