StandX announces that it will conduct a TGE within the year and plans to launch an on-chain options product, SIP-4, soon.

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Mars Finance reported that StandX, a decentralized derivatives trading platform in the BNB ecosystem, may conduct a TGE (Token Generation Event) within the year. It is understood that, backed by the SIP-2 and SIP-3 mechanisms recently deployed, the protocol currently allocates part of the trading fees to position holders and DUSD holders, and the annual percentage yield (APY) of its stablecoin DUSD remains at around 10%. In addition, after launching the Network Yield trading fee cashback feature, StandX said it will launch an on-chain options product, SIP-4, soon. According to the introduction, the product combines the Perps (perpetual contracts) architecture and will provide functions such as peer-to-peer covered calls (Covered Call).
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BridgeSideBanter
· 1h ago
Connect Perps and options together, liquidity can be reused, avoiding fragmentation.
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WatercolorInAGlassBottle
· 5h ago
SIP-2/3/4 naming is a bit techie, but the product is genuinely practical.
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GateUser-e1cfc287
· 5h ago
The design of returning fees to the users holding positions is quite clever; it provides an incentive to lock in their positions.
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MidnightReconciler
· 5h ago
Peer-to-peer covered call, can retail investors also act as sellers to collect premiums?
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PurpleMistColdWallet
· 5h ago
A 10% annualized return on DUSD is considered stable in a bear market, but protocol security must be taken into account.
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PositionLikeACat
· 5h ago
Will StandX's SIP mechanism be able to stand out as BNB ecosystem derivatives become more competitive?
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GateUser-917390d5
· 5h ago
Network Yield after the options, the roadmap is clear
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GateUser-cf218ace
· 5h ago
The covered call for SIP-4 is finally here; looking forward to the combination of options + perpetual strategies.
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GateUser-de2a15eb
· 5h ago
The 10% annualized DUSD is quite attractive; waiting for TGE.
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