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USDX stablecoin log in to Base network with cross-chain bridges and liquidity pool working together.
On August 4th, 【Block Rhythm】, the stablecoin issuance protocol usdx.money developer Stables Labs announced that it has gone live on the Base network, collaborating with the cross-chain interoperability protocols Axelar and squid to provide seamless cross-chain access for USDX and sUSDX on the Base chain. Stables Labs' next steps include:
· cross-chain integration Bridge USDX/sUSDX across-chain to Base through Axelar and Squid. Secure packaging assets arrive Conduct comprehensive audits, testing, and continuous monitoring
· Launch liquidity building on Balancer Launch V3 liquidity pool: USDX / sUSDX / aaveUSDC (with a ratio of 1:1:1 for all three) Provide initial liquidity + strong liquidity provider (LP) incentives Launch community activities to promote early adoption During Epoch 10, a 20% S-Points bonus is provided.