Speed XStable

Based on the recent success of XStable, we decided to copy the core code and update the epoch time to 30 minutes. Lets face it, in the fast paced world of defi, SPEED MATTERS.

What is SXST?

SXST is a synthetic stablecoin not pegged to any external asset. This means the value of SXST is derived from the free market.

Smart contracts behind SXST will adjust the supply based on demand and value.

As well as having an elastic supply, Speed XStable also instantly rewards holders for just holding the token in their wallet.

Use Case

Most rebase coins come with fluctuating balances or seigniorage coins that dilute holders’ equity similar to Fiat, SpeedXStable is an elastic money protocol that increases holder’s equity over time and designed to get to a stable value over long term. This has enormous use cases in the defi ecosystem both as collateral as well as a stable lendable asset.