BlockBeats news, August 4th, stablecoin issuance protocol usdx.money developer Stables Labs announced that it has gone live on the Base network, collaborating with cross-chain interoperability protocols Axelar and Squid to provide seamless cross-chain access for USDX and sUSDX on the Base chain. Stables Labs' next steps include:
· Cross-chain integration
Bridge USDX/sUSDX to Base via Axelar and Squid
Securely wrap assets to reach
Conduct comprehensive audits, testing, and ongoing monitoring
· Launch liquidity building on Balancer
Launch V3 liquidity pool: USDX / sUSDX / aaveUSDC (in a 1:1:1 ratio)
Provide initial liquidity + strong liquidity provider (LP) incentives
Launch community activities to drive early adoption
During Phase 10 (Epoch 10), provide a 20% S-Points bonus