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About StableXSwap

STAX serves as the ecosystem's governance token, letting users vote on parameters like STAX issuance rates, acceptable pools, and future parameters on the StableXSwap exchange, such as fees, via the assets Snapshot. In addition, the platform intends for STAX to keep 50% of fees as staking rewards from future trading volumes on the platform, with the remaining 50% going to liquidity providers. However, the final parameters would be decided by the community.

The network aims for real users who would benefit from a Binance Smart Chain stablecoin. These coins are focused exchanges that first focus on helping the platform garner larger stablecoin deposits to the stablecoin pools.

Further, similar to the Sushiswap migration from Uniswap, the developers intend to migrate the stablecoins from PancakeSwap into the new stablecoin-focused AMM contract. Finally, instead of imposing arbitrary guarded-launch ceilings that limit participation to a small number of early beta testers, the team aims to track but not cap the number of coins put into the initial pools.

STAX is the governance token for this ecosystem, allowing token holders to elect via their Snapshot.page. The parameters aim to include STAX insurance, accepted pools, and future criteria on the StableXSwap exchange, such as fees.

STAX was launched on October 16, 2020. The currency has a maximum total supply of 21,000,000 tokens.

Market

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Price change (1h)

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Price change (24h)

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Australia News about StableXSwap

Decrypt • May 01, 24

Bitcoin, Ethereum Trade Sideways as Fed Leaves Interest Rates Untouched

Amid signs of stubborn inflation in the U.S., the central bank kept its key interest rate at its highest level in over 23 years.

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BeInCrypto • May 01, 24

Tether Posts Record Quarterly Profits of $4.52 Billion

Tether reports a Q1 profit of $4.52 billion, mainly from U.S. Treasury bonds, marking a significant increase in financial transparency and stability.The post Tether Posts Record Quarterly Profits of $4.52 Billion appeared first on BeInCrypto.

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Decrypt • May 01, 24

Bitcoin ETF Leader BlackRock Leads $47M Funding Round in Securitize

BlackRock’s BUIDL fund, created with Securitize, has $375 million in assets under management.

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The Block • May 01, 24

Stablecoin volumes stay strong as FDUSD hits record high, while USDT declines

April volumes shrank slightly as FDUSD and USDe had their best months ever, a sign the market is primed to grow more.

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BeInCrypto • May 01, 24

Crypto Security Exploits See 141% Drop in a Month

April 2024 marked a significant milestone in crypto security, with losses plummeting by 141% to a historic low of $25.7 million. This reduction suggests a marked improvement in blockchain defenses.The post Crypto Security Exploits See 141% Drop in a Month appeared first on BeInCrypto.

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Decrypt • May 01, 24

Tether Netted $4.52 Billion Q1 Profit Thanks To Bitcoin Gains

Tether’s Bitcoin investment is paying off, achieving much greater profit than the company’s immense bond portfolio.

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StableXSwap is on the rise this week.

The price of StableXSwap has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. StableXSwap’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of StableXSwap?

We update our StableXSwap to AUD currency in real-time. Get the live price of StableXSwap on Coinbase.

What other assets are similar to StableXSwap?

Assets that have a similar market cap to StableXSwap include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy StableXSwap on Coinbase?

Yes, StableXSwap is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy StableXSwap guide.