I wanted the reward to be something people would want to keep for years. That's why we're launching with gold.
Xash is open to the public now. If you've been curious about what we're building, come take a look!
We're open to the public and ready to reward you in gold for your DeFi activity on @solana πͺ. Xash aligns the interests of DeFi venues, stablecoin issuers, and gold stackers looking for a steady source of new gold. Read all about it below: https://t.co/uvARYah9J2
@llewclaasen@ThuyNTH_@GOLDCOUNCIL@BCG Actually, Indonesia isnβt the only place where early adoption is happening. Tokenized gold seems to be quite popular with crypto wallet-native users throughout the Asian continent!
@GOLDCOUNCIL Strategic partners who drive financialization use-cases for digital gold are going to be your keys to bringing gold into the future.
With teams like @xash, digital/tokenized gold can actually be better than physical metal.
Why reward stablecoin users in gold?
I joined @laurashin to discuss what we're building at @xash, how the rewards are funded today, and why stablecoin issuers could eventually pay for them.
Thanks for having me, Laura!
πͺ What if stablecoin users earned gold for DeFi activities they already perform?
@xash co-founder and CEO Kevin Huynh (@kemihu11) tells @laurashin how XASH tracks @solana DeFi activity on venues like @KaminoFinance, pays rewards in Paxos Gold (@Paxos), and why he expects stablecoin issuers to eventually cover the cost.
Subscribe to Unchained Premium to watch!
https://t.co/s01fWE4TpD
@CoinDesk@Ripple the chart shows USDC as the main alternative to USDT. i'd separate that current payment share from the report's case for future RLUSD adoption.
@drahcir@PeerPay_ instant payout doesn't always free up working capital. your self-serve plans still lock merchant stake through the dispute window for Venmo and PayPal.