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Clearpool: Simplifying DeFi with USDX & Yield-Bearing ozUSD 🔥
Simplifying transactions with USDX🔵 Ozean’s native stablecoin and gas token, USDX is issued by Hex Trust, a leading fully-licensed digital asset custodian.
🔵 USDX is maintained at a 1:1 ratio against the U.S. dollar or equivalently valued assets.
🔵 Reserves primarily consist of 1-3 month T-Bills and are securely held by tier-1 financial institutions.
🔵 Users receive USDX on a 1:1 basis when stablecoins (USDT or USDC) are bridged to Ozean.
Native yield with ozUSD🔵 ozUSD is a revolutionary yield-bearing stablecoin native to the Ozean ecosystem
🔵 Users can lock USDX, converting it into ozUSD, which automatically rebases in their wallet, distributing the risk-free rate directly back to holders.
🔵 Users benefit from a consistent, rebasing yield distribution without the risk of losing funds in volatile DeFi pools or navigating complicated smart contracts.
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