Synthetix introduces USDx: a stablecoin on Arbitrum that you can mint against your collateral on Synthetix V3. USDx plays a crucial role in the Synthetix ecosystem as a tailored and specific Arbitrum stablecoin. It's not fungible with sUSD used in Synthetix V2 on Optimism and Ethereum. https://liquidity.synthetix.eth.limo/
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🚀It started on Ethereum with Havven, it became Synthetix and expanded to Optimism, Base followed and now Synthetix V3 is live on Arbitrum! Provide collateral (ETH, ARB or USDC) and earn ARB, start earning trading fees when Perps trading is live.🔥 https://blog.synthetix.io/synthetix-v3-deployment-on-arbitrum/
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Synthetix V3 is live on Arbitrum, how it works: - provide liquidity with ETH, USDC, ARB and earn ARB rewards; - mint USDx, the new Arbitrum-native stablecoin; - earn ARB rewards just for providing liquidity. #Synthetix #Arbitrum #USDx #Stablecoin https://x.com/jvdhaak/status/1805325875400855859
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