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Caesar
@caesar
xUSD by Banker Smith provides a synthetic USD that offers 1:1 collateralization ratio without liquidation risks. xUSD provides a native Web3 yield (funding fee + LST yield) that has not been explored before. We just applied to the @base grants❤️
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Caesar
@caesar
How can xUSD be helpful to @base chain? 1- lower borrowing costs than the FED rates to attract TradFi 2- Web3 native yield to attract both TradFi and investors in the emerging markets 3- a superior stablecoin that can challenge USDT and USDC to attract to @base chain
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