UX Chain ๐
@ux_xyz
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The most programmable, safety-first lending blockchain for Web3 #Cosmos #Ethereum #CrossChain #Defi #web3 #UX Dive In ๐ https://t.co/olv6g1DjGQ
Umeeverse
Joined July 2020
Real World Assets are more than just a buzzword, they are redefining on-chain financeโฆ Tokenized bonds, equities, and commodities are bridging TradFi and DeFi, unlocking liquidity, transparency, and yield opportunities that were unthinkable before. ๐ช Are you ready for the next evolution, Anon? ๐๐
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What are collateral assets? ๐ง Collateral assets, like USDC, ATOM, BTC and stATOM, are cryptocurrencies you deposit to secure your loans. They back your borrowing on UX, ensuring your position remains safe. If their value drops below a threshold, liquidation may occur, so manage wisely! โผ๏ธ๐ก
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๐ข Governance Alert! After a detailed review, $stJUNO, $JUNO, $NCT, and $BNB will be delisted from UX. This allows us to streamline the platform and prioritize high-impact assets. ๐น No new deposits or borrows ๐น Outstanding loans can still be repaid ๐น Relisting possible via governance More details: ๐ก
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