UXD Will Partner with Saber and Socean Finance to Sell $500,000 Worth of UXD on Socean Platform
Feb 08,2022,11:42
TokenInsight news, UXD will partner with SoceanFinance and Saber to sell $500,000 worth of bonded UXP tokens unlocking over 30 days (b30UXP) to buy SBR through Socean Streams. UXD will max-lock that SBR for 5 years to incentivise liquidity in its UXD-USDC pool. Saber DAO has committed to buying $250,000 worth of b30UXP. Users who buy UXD will get b30UXP, which will be unlocked in 30 days. The fund contributed by users will be used to buy SBR, which later will be used as incentives in Saber UXD-USDC pool.
UXD is an algorithm-based stable coin built on Solana and Saber is a DEX on Solana.
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