StandX DUSDPrice

(DUSD)

StandX DUSD is a native yield-bearing stablecoin designed to offer competitive returns to users. It functions as a stable asset, pegged to the US Dollar, while automatically accruing interest. Its primary purpose is to provide a stable value asset that also generates passive income for its holders.

DUSD distinguishes itself as a fully collateralized, yield-bearing stablecoin that automatically distributes "real yield" to its holders. Unlike many other stablecoins requiring active staking or complex procedures, DUSD ensures users receive rewards simply by holding it, without the need for manual claiming or re-staking. This automatic, passive yield generation from "real yield" sources is a key differentiator.

DUSD's yield generation primarily stems from two distinct and robust sources. Firstly, it leverages staking rewards derived from underlying collateral assets such as ETH, SOL, and BNB. Secondly, it utilizes funding fees generated from short perpetual futures positions. StandX emphasizes that this yield represents "real yield," meaning it is generated from actual protocol activities and asset performance, rather than through the issuance of new tokens, ensuring sustainability.

Users earn rewards with DUSD effortlessly and automatically simply by holding the stablecoin in their wallets. Interest is calculated continuously, ensuring a steady accumulation of value. These rewards are then distributed weekly via automated airdrops directly to the users' wallets. This mechanism eliminates the need for manual staking, claiming, or any active participation, making it a truly passive income solution for DUSD holders.

DUSD maintains its peg to the US Dollar through a sophisticated stability mechanism. This involves utilizing market-neutral assets and implementing a delta-neutral hedging strategy, primarily with short perpetual futures positions. This strategy effectively offsets potential price fluctuations of the underlying collateral assets. Additionally, a dedicated reserve fund is maintained to manage any potential losses and further strengthen the peg. Custodian solutions are also employed to enhance overall security and reliability.

DUSD can be acquired through several convenient methods. The most straightforward approach is by minting it directly with USDT or USDC on the StandX website, which provides optimal liquidity and reduced slippage, especially for larger transactions. Alternatively, DUSD is also available for purchase on various decentralized exchanges, such as PancakeSwap or Raydium, offering additional avenues for users to obtain the stablecoin.