

f(x) Protocol
6.1K posts

@protocol_fx
f - High & Sustainable USD yield x & s - Liquidation Protected Leverage with Minimal Funding Cost $fxUSD $FXN By @aladdindao https://t.co/cVz9RALhej




Built a checkers game for AI agents using @mpp. Want to play? Tell your agent "Read mpp-checkers.com/llms.txt — it's a checkers game for AI agents. Register, join a game, and play to win." $0.01 to play, the winner gets the pot.


You also get paid to borrow it against ETH or BTC 👀 fx.aladdin.club/v2/fxmint






Boosters, time to shine again 🌞 February's grind paid off! The latest $FXN allocation is live 👇 docs.google.com/spreadsheets/d… Want in on the next round? Ship great threads, videos, memes & content and post them on @echo_market 🔥




Stablecoin Spotlight of the Week: fxUSD fxUSD by @protocol_fx does not get talked about enough but the risk profile is remarkably clean. Here’s what our data has to say about it. Market cap: $17M Peg score: 98/100 Resilience score: 87/100 (A+) Collateral risk: Medium (61/100) Custody: Fully on-chain (100/100) Blacklist risk: None (100/100) DEWS rating: 5/100 (Very safe) Net flow 24h: +$152,000 Capital is moving in, not out. fxUSD is a CDP stablecoin backed by wstETH at 42.5% and WBTC at 57.5%. The peg is maintained through a USDC/fxUSD Stability Pool on @CurveFinance, overcollateralization, and direct collateral redemption at oracle price. Three layers of defense. fxSAVE handles passive yield for idle holders. The 98/100 peg score and fully on-chain custody with zero blacklist exposure are the standout strengths here. No centralized chokepoint. No censorship risk. The medium collateral score of 61 is worth watching. WBTC carries custodial considerations and both assets carry volatility risk in extreme market conditions. Liquidity depth is also still maturing at this market cap size. Overall, fxUSD is underrated and the fundamentals are solid.

The only place where you get paid to borrow stables against BTC and ETH is f(x) Protocol. Rewards are flowing through @merkl_xyz for fxMINT for another month. Borrow fxUSD, pay 0% ongoing interest and get 10% APR until you repay your loan.

BREAKING: $60,000,000,000 has been wiped out from the crypto market in just 4 HOURS.
