StandX revealed it will conduct a TGE within the year and plans to launch the on-chain options product SIP-4 soon.
According to ChainCatcher, the BNB ecosystem decentralized derivatives trading platform StandX has revealed it may conduct a TGE within this year.
Reportedly, relying on the recently deployed SIP-2 and SIP-3 mechanisms, the protocol currently allocates part of the trading fees to users holding positions and to DUSD holders, with the stablecoin DUSD’s annualized yield (APY) maintained at around 10%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Retail Investors Flock to Space-themed ETF, SpaceX Leads Space Investment Craze Recalling Early AI Wave
Glassnode: Market Direction Unclear After Bitcoin Options Expiry
DxSale responds to BSC vulnerability affecting v1 lock contracts
Eric Balchunas: Bitcoin Volatility Nears Gold Levels
