xUSD, the stablecoin from the xDollar project has premiered on IronSwap DEX on 06 August 2021
XUSD-IS3USD LP Farm with XDO incentives: https://xdollar.mcn.ventures/#/farm
xDollar is an interest-free stablecoin minting platform built upon Liquity protocol operating on Polygon. xDollar’s vision is to become the cross-chain non-custodial stablecoin minting platform with DAO governance and a multi-collateral vault system.
xDollar enables users to open troves and mint non-custodial stablecoin, xUSD against their collateral with a minimum collateral ratio of only 110%. This xUSD can be staked in the stability pool, or placed into a stablecoin LP position to earn yield in XDO governance tokens.
The integration with IronSwap will enable xUSD users to swap at lowest swap fees (0.02%) and up to 100X smaller slippage which greatly maximizes capital efficiency compared to other DEXes like QuickSwap and SushiSwap on the Polygon network!