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USX

This repository contains all the code relevant to the USX smart contracts.

What is USX?

  • An ERC20 token enhanced with cross-chain capabilities.

What makes USX unique?

  • Native USX exists on all the chains supported by Ax Protocol, which means that USX can be sent to another chain without going back to a hub or core chain.
  • The value of USX remains the same across all chains, making it fungible with itself on any Ax Protocol-supported chain.
  • All USX cross-chain transfers result in native USX at the destination, not wrapped variants.
  • USX cross-chain transfers require users to only pay for gas fees, making it cost-effective regardless of the transfer amount.
  • There is zero slippage when transferring USX across chains, which means the amount sent always equals the amount received.
  • By leveraging Curve liquidity pools, USX achieves deeper liquidity and superior stability compared to USDC, USDT, or DAI individually.

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Ax Protocol's Cross-Chain Native Stablecoin

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