About USDx & DF
USDx is a decentralized and synthetic indexed stablecoin introduced by dForce as the
first and cornerstone protocol. It is 1:1 pegged to a basket of constituent stablecoins, integrated
with interest bearing capability. USDx's initial underlying portfolios include USDC, TUSD, PAX and
DAI (1 USDx = 30% USDC, 30 %TUSD, 30% PAX and 10% DAI), which can be adjusted by on-chain
governance. The synthetization and disaggregation of USDx is wholly on-chain to ensure maximized
transparency, immutability and auditability.
DF is the platform utility token of the dForce network to be used for transaction
services, community governance, system stabilizer, incentivization, validator deposit when we
migrate to staking model, and etc.