StandX revealed it will conduct a TGE within the year and plans to launch the on-chain options product SIP-4 soon.
According to ChainCatcher, the BNB ecosystem decentralized derivatives trading platform StandX has revealed it may conduct a TGE within this year.
Reportedly, relying on the recently deployed SIP-2 and SIP-3 mechanisms, the protocol currently allocates part of the trading fees to users holding positions and to DUSD holders, with the stablecoin DUSD’s annualized yield (APY) maintained at around 10%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc: Dovish SNB keeps CHF under pressure against US Dollar – ING

Japan Central Bank inflation indicators accelerate, providing grounds for further interest rate hikes
An indicator used by the Bank of Japan to measure underlying inflation accelerated last month, significantly exceeding its target level, providing further justification for continuing to raise the benchmark interest rate.

Hut 8 Wins $140M Bid For Poolin’s Texas Data Centers
Euro: Volatility divergence points to future swings against US Dollar – Commerzbank
