BNB DEX StandX Hints at YoY TGE; DUSD Stablecoin Maintains 10%+ APY as SIP-4 Options Launch Nears

BNB0.13%

According to Odaily, StandX, a perpetual decentralized exchange on the BNB chain, recently hinted at a potential token generation event (TGE) within the year while ramping up product releases.

Leveraging recently deployed SIP-2 (position yield) and SIP-3 (native yield extension) mechanisms, the protocol has successfully routed trading fees to position holders and all DUSD stablecoin holders, maintaining DUSD's yield at approximately 10%. The platform is set to launch SIP-4, an on-chain options product featuring covered call functionality.

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