Review on USDX by Sanjar Meredow
Due to the small number of users, the project was weakened.
The main idea of the stable price of the USDX token was to link it to the US dollar and pledge it with the LHX token. Why the notion of stabilizing this method is stupid is an undeniable fact that the LHX token is not something that investors may be interested in buying.
A surprise message came to the telegram channel about the project. The developers said they could not fund the project and did not have the money to support it.
Most Stabilcoin-based projects use financial reserves to support the said currency, but most of the projects that are looking for a cheap solution to start a stablecoin are supported by another cryptocurrency, so this is very risky, but it is almost impossible to invest in USD. thing.
Pros
- The creators of the project did a good job.
- USDX stabilcoin shows the necessary contract.
Cons
- The project is partially housed.
- There are a lot of wrestlers in the market.
