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Cryptocurrencies: 22360
Exchanges: 629
Market Cap: $$3.59T
24h Vol: $216.85B
Dominance: BTC: 55.6% ETH: 13.2%
ETH Gas: 29 Gwei
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XUSD is a partially collateralized stablecoin with a novel stabilization mechanism. Unlike other over-collateralized or fully algorithmic stablecoins, XUSD adopts a partial collateralization model, that is, part of XUSD's supply is backed by collateral. Part of the supply is algorithmically controlled, which makes XUSD capital efficient and truly stable.
Capital efficiency: No over-collateralization will occur
Strong stability: Partly backed by collateral pool assets, less reflective, avoiding "death spiral".