Introducing fastUSD, the new native yield bearing stable asset of Sei, made possible by @elixir joining the Sei ecosystem!

Fully collateralized to start by @elixir's deUSD, and powered by the launch of Elixir's network infrastructure on Sei, fastUSD offers a new unified and natively yield-bearing core liquidity component within the ecosystem.

Here’s what this means for the Sei community:

🔴 fastUSD: An overcollateralized, secure stable asset backed by deUSD.

🔴 Modular DPoS: Boosts liquidity for orderbook DEXs.

🔴 Cross-Chain: Seamlessly integrates with multiple blockchains.

🔴 Composability: Enables Sei DEXs to integrate Elixir Protocol.

🔴 Liquidity Bootstrapping: Simplifies liquidity provisioning for order books.

🔗 Learn more about deUSD and Elixir: https://t.co/oZyG25vA7m

Welcome to the rapidly growing Sei family, Elixir!