BankX/XSD Stablecoin on PulseChain: Light Dive/Review
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In this episode, we review a new upcoming project on Pulse Chain, BankX, and the creation of a new stablecoin XSD.
The Light Dive covers
-what is BankX/XSD
-how it works/how to mint
- how the XSD stablecoin is backed and pegged to price
- price stabilizing techniques to ensure value of the ecosystem
-comparisons with Hex/Liquid Loans/other certificate of deposit/loan schemes.
-how to sacrifice for BankX
-future developments in the wallet and on ramp ecosystem.
For more information on BankX please visit the official links:
Website: https://www.bankx.io/
YouTube: https://www.youtube.com/channel/UCLlgoLq-ROfFeJls0mwZUUA
Twitter: https://twitter.com/bankxio
Discord: https://discord.com/invite/V5JaTEGAEp
Telegram: https://t.me/BankXio
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