DeFi 2nd Place
DeFi 2nd Place: Up Stable Token eXperiment by USTX Team
USTX’s aim is to bridge the gap between stablecoins (no volatility, no grow) and normal cryptos (high volatility, high growth potential). USTX algorithm reduces price volatility and protects investors’ value while providing consistent growth potential. The long-term goal is to build an ecosystem around USTX, that can support the worldwide adoption of the token. Currently, the project has a DEX for trading USTX against TRX, USDT, USDJ, USDC, and TUSD. It also has a very flexible staking platform, that has been chosen by the vast majority of our holders, with a TVL of over 75% of the circulating supply. The next steps in the roadmap are the voting platform and the cross-chain bridge, which will allow simple and secure transfer of USTX between Tron and potentially any EVM compatible chain, like BTTC. We also believe that one of the keys to success is to cooperate with other projects in the Tron ecosystem. That’s why we made a partnership with Kraftly, that has added the possibility to mint NFTs using USTX. We also have very good relations with other projects and teams, like Cubie, TronNinjas, Tron Spark, and JustMoney, to name a few.