Savings USXPrice

(SUSX)

Savings USX (sUSX) is the yield-bearing version of the USX stablecoin. It functions as a receipt token issued to users who deposit their USX into the Savings USX vault. Its primary utility is to represent a user's proportional share of the liquidity pool, allowing the asset to automatically accrue value over time. As a liquid staking derivative, it enables users to earn passive income while retaining the flexibility to move or trade the asset across various supported blockchain environments.

USX is the base stablecoin designed to maintain a peg with the US Dollar, used primarily for transactions and as collateral. In contrast, sUSX is an interest-bearing token. While USX remains constant in nominal value, sUSX increases in value relative to USX as protocol revenue is earned. Essentially, a single sUSX token will eventually be redeemable for a larger amount of USX, with the difference representing the accumulated yield generated by the ecosystem's activities.

Yes, sUSX utilizes the LayerZero Omnichain Fungible Token (OFT) standard. This technical architecture allows sUSX to be moved seamlessly across multiple blockchain networks, such as various Layer 2 solutions and major mainnets, without losing its yield-bearing properties. This omnichain capability ensures high portability and liquidity, allowing users to move their assets to their preferred network while continuously earning protocol-generated revenue.

The yield for sUSX is derived from real protocol revenue rather than inflationary emissions. Sources include interest spreads from lending operations, vault minting fees, and redemption fees within the dForce and Unitus Finance ecosystems. The rate is variable rather than fixed; it fluctuates based on the total revenue generated by the protocol and the total volume of USX currently staked in the vault. This model links the return directly to the organic usage of the platform.

No manual claiming or restaking is required to benefit from compounding. sUSX is a value-accruing token where rewards are automatically reflected in the exchange rate between sUSX and USX. The interest is earned by the token itself growing more valuable over time. You effectively realize your profits when you unstake your sUSX or trade it back for the base USX stablecoin on LBank or other supported trading platforms.

sUSX is part of an ecosystem that has undergone multiple security audits to mitigate smart contract risks. While there is generally no mandatory lock-up period for the standard savings vault—allowing users to deposit and withdraw at any time—holders should be aware of standard decentralized finance risks. These include potential smart contract vulnerabilities and risks related to the underlying collateral. Furthermore, because sUSX is tied to USX, any significant de-pegging of the base stablecoin would impact sUSX.