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Platypus Launches Native Stablecoin USP
- chainwire
- 2022-12-15
- 3089
- NEWS
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Summary:Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for
Platypus Finance has released USP, an original ecological stable currency of the agreement. The USP deployment comes from the overall goal of Platypus to improve the quality of user capital. USP also overcame the continuous pledge problem related to stable currency. The original Platypus financial stable currency is committed to reducing the liquidity fragments and decentralized properties unique to many agreements.
The USP is linked to the US dollar. It operates as a stable currency with too much collateral. According to the unique responsive Peg thruster, a layer of safety factor is applied during egg dropping. The coin maintains its value according to Platypus stableswap AMM optimization algorithm and popularity entity model.
The local stable currency of Platypus has significantly improved the capital efficiency of Avalanche DEX users. It uses a single layer of collateral, and allows users to sit comfortably with the most small block chain smart contract risk. Users can obtain USP by pledging their LP tokens with a leverage ratio of 20 times. In this way, investors can invest in USP as a quick asset, thereby improving their operating capacity. USP can also cast in the main pool LP, and expand the casting opportunities to candidate pool LP.
The benefits of USP include:
Greater capital efficiency:Users can use LP tokens in Platypus Finance as collateral to establish USP and convert pledged property into quick assets.
Complete agriculture and animal husbandry with 20 times leverage:According to continuous casting, the probability of raising financial leverage in platypus is 20 times.
Minimize the risk of blockchain smart contracts:Mining and pledge can reduce systematic risk based on a single service platform.
Use of single tier collateral:The permanent loss free unilateral LP loan guarantee can achieve higher coordination ability and risk control in the casting process.
Platypus has improved again. The implementation of USP is the later behavior of the platform to release the online voting evaluation scale system. This function essentially gives users the power to manipulate PTP consumption according to the dashboard, and receive rewards in the form of bribery when voting online.
Platypus completely changed the stable exchange, and reconstructed the stable coins on Avalanche. Skillfully utilize the basic assets of Platypus to generate higher capital efficiency, overcoming the long-standing problem of liquidity pan entertainment in traditional DeFi. According to the stable exchange of open liquidity pool and unilateral liquidity supply, it completely changed the definition of liquidity balance, allowing the integration of new property, more common use of unilateral LP tokens and organic growth of property based on supply and demand. Platypus further uses its capital to forge a stable currency: USP - all of these independent innovations are cleverly wrapped in a smooth user page.
For other information about USP, please refer to the Yellow Book. For other information and timely updates, please visit PlatypusOfficial websiteAnd hischirp,message,secondaryandatypismChannel column.
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