USDEX (USDEX)

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USDEX Information

Name USDEX
Symbol USDEX
Hashing Algorithm
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Created

About USDEX

USDEX is an algorithmic stable coin with a built-in stability mechanism that aims to maintain USDEX’s peg to 1 USDC token. As part of a multi-token token system it is designed to be used as a medium of exchange within the Dex Money Market protocol. Dex Money Market is an algorithmic reserve protocol with multi step auto-compounded strategies and ETF rewards. Our protocol offers a single regulatory mechanism and protocol owned liquidity. The Money Market consists of three corresponding tokens – USDEX, dexSHARES and dexETF. Inspired by precursive projects before us (Tomb Finance, Olympus DAO, Balancer, Beefy Finance) we have developed a truly unique multi-token protocol that empowers users by simplifying the advanced trading strategies employed by experienced investors and promotes growth through a low-risk algorithmic trading model.

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