Optimism Devnet Launch

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)

2. Input the amount of ETH you want to exchange to mint UXD

3. Approve the transaction and UXD will be minted to your wallet!

4. Same procedure to redeem UXD for ETH

That is it! We welcome our community to experiment with the app, and leave feedback in our Discord.

Website: https://uxd.fi/
Twitter: https://twitter.com/UXDProtocol
Discord: https://discord.gg/r4aEDS4kG7

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

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UXD Protocol

UXD Protocol

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