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.
Hereâs what this means for the Sei community:
đŽ fastUSD: An overcollateralized, secure stable asset backed by deUSD.
đŽ Modular DPoS: Boosts liquidity for orderbook DEXs.
đŽ Cross-Chain: Seamlessly integrates with multiple blockchains.
đŽ Composability: Enables Sei DEXs to integrate Elixir Protocol.
đŽ Liquidity Bootstrapping: Simplifies liquidity provisioning for order books.
đ Learn more about deUSD and Elixir: https://t.co/oZyG25vA7m
Welcome to the rapidly growing Sei family, Elixir!