Top Tweets for #CDPvaults
While y'all were sleeping on @Compxlabs, they've been building and innovating like crazy!! π·πΎββοΈποΈ Soon you'll be able to mint/borrow $xUSD using your @lofty_ai property tokens as collateral!!
#Algorand #CompX #RWA #CDPvaults $xUSD $ALGO
#Defi #Web3 #Unbanked
Probably nothing...π
$xUSD via @xbacked (@Compxlabs family) is OFFICIALLY back at peg!!! Slightly above for now even π more work to be done!!! $xUSD staking inbound π #Stablecoin #permisionless #CDPvaults
Sh!t now the clock is ticking to pay back my $xUSD debt π€π #CompX #xBacked #CDPvaults #stablecoin #DynamicInterest
Dynamic interest for xUSD is planned to go live on 17th June.
- as xUSD moves away from $1 interest will increase against all vaults.
Importantly:
- interest will never be > 40%
- interest can only increase by 2.5% per day
For more info: https://t.co/Ks55kwJ8hH
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