Recently, there are many deposit-related projects, and I have seen many people promoting StandX, especially since it has the endorsement of the Binance contract bigshot.
But @StandX_Official, I have a few questions:
1. The official website has only a deposit and swap interface.
2. Then it will mint a stablecoin $DUSD.
3. Its contract code has only audited the deposit contracts of Sol and EVM chains, and the contract audit cannot be opened.
4. If that's the case, the mechanism of $DUSD adopts extreme neutral arbitrage. Hypothetically: I deposit U to mint $DUSD, I then use the users' U to arbitrage in the same ENA, and I distribute the arbitrage profits to $DUSD holders; theoretically, this is feasible.
5. There is a personal factor: the founder is called @Justin734420450, and personally, I feel a bit scared when I see the name Justin.
This is not FUD, just a question. I am timid as a mouse, afraid of offending big shots, afraid of lawyer letters. I am just a promoter who can't afford lawyer fees and dare not FUD.