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Boop.Fun leading the way with a new launchpad on Solana.
The value proposition of @protocol_fx is unique in the crypto space, @protocol_fx offers a unique combination of a decentralized, yield-generating stablecoin, low-risk leverage, and high scalability. Examples:
📍$fxUSD, a stablecoin that maintains a robust peg to the dollar, backed by assets like stETH. Unlike traditional stablecoins, fxUSD generates intrinsic yields
📍$fETH, is a low-volatility token that tracks 10% of Ethereum (ETH) price fluctuations, providing stability without being strictly pegged to $1. This makes it ideal for users seeking controlled exposure to the ETH market without full volatility.
📍Leverage Without Liquidation Risks (xETH and xPOSITION): The protocol creates leveraged tokens like xETH (in V1) and xPOSITION (in V2), offering amplified exposure to ETH and BTC ( more bluechips in the near future ) without funding costs or low risk liquidation risks, thanks to an automatic rebalancing mechanism.
📍Stability Pool with High Yields: The V2 stability pool allows users to deposit fxUSD or USDC to earn sustainable yields from perpetual trading fees and stETH staking, maintaining a delta-neutral position to avoid market and counterparty risks.
📍100% onchain protocol and 100% descentralization, organic growth and no VC.
$veFXN holders and wrappers get real yield from the protocol, I only buy tokens with a real value proposition and that return yield to its holders.
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