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USTX is a utility token deployed on the Tron blockchain. Its purpose is to bridge the gap between high yield tokens and stablecoins. High yield tokens have significant growth potential but also exhibit high volatility and price fluctuations over a short period of time. On the other hand, stablecoins have no volatility but lack the ability to grow. USTX is designed to address these limitations. USTX is primarily used in the project DEX, which implements a novel reserve liquidity management system. This system allows the token price to grow over time with low volatility, making it ideal for value storage and as a means of payment for goods and services. The USTX DEX has a multi-asset reserve consisting of stablecoins such as USDT, USDC, USDJ, and TUSD. It also utilizes a smart contract-driven liquidity management mechanism that mints and burns USTX in the reserve to enhance price growth and reduce drawdown in case of sell-off. It is important to note that USTX is not a rebase token.

Issue Time
1970/01/01
Initial Price
US $ 0.01644946
Circulation/Max
0/
Dominance
0.00%
ROI --%
$0.01644946$0.15955621
Low · 2023/09/032023/09/03 · High

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