Version 2 of xSigma DEX, a DeFi project by xSigma Labs (subsidiary of Nasdaq: ZKIN) will soon launch on BSC first and later on ETH. xSigma is a stablecoin and liquidity mining platform that’s paid $30m worth of rewards to its liquidity providers (LPs) to date.
xSigma is pleased to announce that $600k of fees have successfully been distributed to the Pool 1 liquidity providers!
🚀 We are also excited about our upcoming V2 release, which will take place on both Ethereum and BSC networks. The upgrades include:
— Auction-enabled buyback & burn. Fees from the stablecoin exchange are transferred into the Auction contract and are utilized to buy SIG tokens, which are then burned.
— Rewards timelock for MasterChef staking;
— Cross-chain SIG token mint synchronization.
Our team is currently finishing the audit, so the V2 launch is close! Stay connected.
xSigma is a decentralized stablecoin exchange built by xSigma Lab, a subsidiary of a public company (Nasdaq: ZKIN). xSigma is an Ethereum-based dApp that facilitates trades between DAI/USDC/USDT stablecoins.
xSigma stablecoin pools have attracted over $400M of volume over the first four months since launch. It also has recorded more than $600M in total deposits, making the total processed volume over $1B dollars! All of these pool interactions have helped to accumulate more than half a million dollars in…
xSigma DEX is continuing to advance at a rapid pace, with a string of new developments to report on all fronts. On the technical side, we’re still making improvements to our stablecoin AMM, while significant energy is now being expanded on marketing and community building.