you have stumbled across a diamond fren
StandX team is ex binance, not pushed around by VC's and committed to changing the perp dex landscape
eg they just announced SIP-5 which allows anyone to list anything
they have a really interesting model built around their own stable coin $DUSD, which allows them to be so ambitious, Albert explains π
https://t.co/dKx4mPOOFl
its impossible to get a yield bearing stablecoin traction AFTER your launch a DEX with USDC/USDT pairs
USDH never got traction despite huge efforts
BUSD never got traction despite huge efforts
hence why @StandX_Official built the entire perps dex around natively DUSD so yield on margin can actually work
Introducing SIP-5: Universal Markets βΎοΈ
A permissionless listing framework for any settleable market on StandX.
Anyone lists. Makers earn. Traders earn. Sponsors earn. Every community market creates its own Infinity Loop.
Long in the making, SIP-5 is our most important proposal to date, a DeFi paradigm shift on BNB Chain, and the end game for listings.
@WhaleFactor HIP 3 proved people want more than crypto majors
stocks, indices, commodities etc
did you know SIP 5 on @StandX_Official is allowing permissionless markets where you can list anything?