One important thing for all of us on our crypto journey (I know these days haven't been easy, but they'll pass) is making sure we avoid interacting with sanctioned addresses.
https://t.co/kDkZG67Isz
So I built a handy tool that lets you check addresses beforehand and identify potential sanctions risk before interacting.
It's:
• Read-only
• Client-side
• Zero tracking
It uses RPC calls to query multiple sources and evaluate an address status.
Over time, I'll add support for more address types, integrate additional oracles, APIs, and data sources to improve accuracy, but for now, I think this already brings together some of the best available sources.
@Mohammadof20 Stability Pool buys below $1 / sells above $1 + redeemability into collateral + mint controls on leverage positions.
That's what keeps the "1" alive.
And suddenly the only number that mattered was 1.
Could it hold the peg? fxUSD has now crossed $58M issued.
Not because markets stayed calm or not. Not because of volatilities. Not because users were paid to ignore risk.
The system was designed with stress in mind from the start: overcollateralized ETH and BTC, automated peg defenses, and mechanisms that treat volatility as an expected condition rather than an exception.
That's why the most important number was never $58M.
It was always 1.
@protocol_fx
fxUSD crossed $58m issued.
$1 through DeFi exploits.
$1 through flash crashes.
$1 through the depeg cascades that took down half the synthetic stables.
Here's how it holds. And how it pays. 🧵