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USX is a decentralized and fully-collateralized stablecoin implementing multiple minting modules including global-pool, vault, and LSR.
USX's dollar peg is mainly dictated by a hybrid interest policy that can efficiently improve USX's liquidity on the open market by adjusting its lending and borrowing rates on supported protocols.
Powered by the LSR module, USX is also tradable (mint & redeem) at 1:1 rate with other supported stablecoins directly through dForce Trade on multiple blockchains.
dForce Lending is a non-custodial lending protocol that supports multiple collaterals with market-driven dynamic interest rates. Simply put, it is a platform where users can frictionlessly supply crypto as collateral to borrow other crypto assets based on interest rates set by real-time supply and demand.
dForce Lending has undergone extensive code reviews and security audits by Trail of Bits, ConsenSys Diligence, CertiK, Certora (formal verification), with a bug bounty launched through Immunefi.
dForce Trade is a DEX aggregator integrated with Celer’s Inter-Chain Messaging (Celer IM) framework to facilitate cross-chain swap. We use algorithms to search for the best price and aggregate proper liquidity across multiple platforms and different blockchains to deliver an optimized trade.
Given dForce is a DAO-driven community project, DAO members use DF as the governance token across the network, giving DF holders complete control over decisions concerning dForce protocols, including onboarding of new assets and collaterals, changes to risk parameters, fee accrual, and interest alignments.
Anyone can join governance related discussions on dForce Forum. Final decisions pertaining to crucial protocol changes will be jointly decided by DF holders through governance voting on Snapshot.
You can stake $DF token with dForce to receive staking rewards:
Free Staking: no lock-up, lower yield and less voting rights.
Lock-up Staking: lock from 1 week up to 4 years to receive higher yield and higher voting rights.
dForce Liquidity Mining
Users can participate in dForce activities and get rewarded by DF token based on their contribution.
dForce carries out DF liquidity mining on Ethereum, Arbitrum, BSC, OP, and Polygon to reward participation in lending and providing liquidity for dForce-backed assets. DF rewards will be assessed on a weekly basis to ensure the best efficiency. Please visit dForce Forum to view tutorials and the latest gauge (rewards).
dForce’s Optimistic Winter campaign on OP was the latest to launch— read more to check it out!
The live dForce price today is $0.044963 USD with a 24-hour trading volume of $1,517,173 USD. We update our DF to USD price in real-time. dForce is down 1.31% in the last 24 hours. The current CoinMarketCap ranking is #823, with a live market cap of $19,425,457 USD. It has a circulating supply of 432,032,332 DF coins and a max. supply of 999,934,977 DF coins.