UXD Will Start its IDO on November 4th

TokenInsight news, UXD protocol is the first delta-neutral position backed algorithmic stablecoin built on Solana blockchain. The IDO will be held on November 4th, HKT 11AM; November 3rd, PST 8PM; November 3rd, EST 11PM. The IDO will last for a total of 48 hours. During the IDO, anyone will be able to deposit/withdraw USDC and participate in the IDO. At the end of the IDO, the number of tokens you receive is proportional to the USDC you contributed to the vault. A total of 300,000,000 UXP tokens(3% of total supply) will be available. There are 10 billion $UXP token in all. Vesting plan for investors is 50% release after 1 year and the rest is released over 1 year linearly.
Source

IDO

Solana

Stablecoins

Related News
Circle Obtained Major Payment Institution (MPI) License in Singapore Circle Obtained Major Payment Institution (MPI) License in Singapore
Aave Releases Proposal on $GHO Stablecoin's Mainnet Launch Aave Releases Proposal on $GHO Stablecoin's Mainnet Launch
HKMA Drafting Regulatory Framework for Stablecoins, Plans 2nd Round of Public Consultation Within the Year HKMA Drafting Regulatory Framework for Stablecoins, Plans 2nd Round of Public Consultation Within the Year
Stargate Finance Approved to Add Circle's Euro Stablecoin, the Bridge's Volume at Elevated Level Stargate Finance Approved to Add Circle's Euro Stablecoin, the Bridge's Volume at Elevated Level
Circle to Launch $USDC Natively on Arbitrum on June 8th Circle to Launch $USDC Natively on Arbitrum on June 8th
Latest News More More
BitDAO Approved Proposal MIP-22, $BIT will be converted to $MNT at 1:1
Do Kwon Reported to Have Political Ties with Former Montenegro Finance Minister
Arbitrum On-Chain Vote Starts June 10: Locking 700M $ARB Tokens in Smart Contract
$BTC-denominated Insurance Provider Meanwhile Raised $19M from OpenAI CEO and Google
Atomic Wallet Hack Worked by Professional Hackers, Funds Transferred to Exchanges Blocked
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open