Company attributes
CEO
Founder
Pitchbook URL
Email Address
kento.inami@uxd.fi
Full Address
Unit 101, Dubai Silicon Oasis
DDP, Building A2
Dubai United Arab Emirates
Investors
Founded Date
2017
Total Funding Amount (USD)
3,000,000
Latest Funding Round Date
September 2, 2021
Business Model
Commerce
Stock Symbol
UXD
Exchange
Also Known As
UXD
Latest Funding Type
Cryptocurrency attributes
Consensus Mechanism
Ticker Symbol
UXD
UXP
Maximum Supply
10,000,000,000
Block Explorer URL
Other attributes
Company Operating Status
Active
Strategic Partnerships
0
Contact Page URL
Cryptocurrency Symbol
UXD
Latest Funding Round Amount (USD)
3,000,000
Medium URL
Public/Private
Public
Source Code
Token Standard
Solana0
Total Supply
1,000,000
UXD Protocol is an algorithmic stablecoin backed 100% by a delta-neutral position using perpetual swaps. The stablecoin will be issued natively on Solana and we will integrate with perpetual swap protocols to create the delta-neutral position. Users will be able to trustlessly mint/redeem UXD in exchange for a wide range of cryptocurrencies. The funding rate generated from the delta neutral position will be paid out to holders of UXD, a yield that is native to the protocol.
Timeline
No Timeline data yet.
