dForce Launches AxCNH and USDT0 Markets on Conflux with CFX Incentives
dForce Launches AxCNH and USDT0 Markets on Conflux with CFX Incentives
🚀 New markets live
dForce successfully launched two new markets on Unitus Conflux:
- AxCNH market - Offshore Chinese Yuan stablecoin with 30,000 CFX for suppliers and 40,000 CFX for borrowers
- USDT0 market - Can be used as collateral, earning 1,000 CFX every two weeks for deposits
Key updates:
- sUSX saving rate increased to 5% following DIP072 approval
- USX circulating supply reached $126.31M across multiple networks
- dForce Swap accumulated $276.8M in total volume
- New AI-driven protocol launch approaching
Incentives are distributed biweekly on Conflux Network. USDT0 offers 85% loan-to-value ratio as collateral.
🗳 DIP073 - Enable USDT0 Collateral Support and Offboard USDT on Conflux This proposal seeks to integrate USDT0 (the new omni-chain Tether built on LayerZero’s OFT standard) into the dForce ecosystem and gradually offboard USDT on Conflux. ⚡️ Read the full proposal and cast
✅ As approved through DIP073, USDT is being sunsetted, while dForce is integrating USDT0 to our RWA market and on Unitus, on Conflux eSpace, on Thursday November 20th! Get ready! Read the proposal for all the details, and check out the two main ways to learn how to get your
🗳 DIP073 - Enable USDT0 Collateral Support and Offboard USDT on Conflux This proposal seeks to integrate USDT0 (the new omni-chain Tether built on LayerZero’s OFT standard) into the dForce ecosystem and gradually offboard USDT on Conflux. ⚡️ Read the full proposal and cast
🗓️ The November Ecosystem Update is here! ✅ AxCNH and USDT0 markets successfully launched on Unitus Conflux with Incentives in $CFX! ✅ sUSX saving rate adjusted to 5% ✅ Next ecosystem protocol launching soon, AMAs participation and much more! 👇 Read the full update 👇
🚨 As approved through DIP073, dForce has just migrated to USDT0 on Unitus on @Conflux_Network! Key points: 1️⃣ A new market for USDT0 has just been launched on Unitus.finance, Conflux eSpace. USDT0 can be used as collateral with a LTV of 85%. 2️⃣ USDT support on Conflux
🗳️ Unitus Votes on Oracle Migration
**DIP080 is now live for voting** Unitus has proposed two key infrastructure changes: - **Oracle migration**: Moving from Pyth to the official Conflux Foundation price feed - **Risk management**: Updating asset parameters for improved security No action is required from users during this transition. The proposal aims to create a more secure and resilient Unitus on Conflux eSpace. Community members can review the full proposal and cast their votes on [Snapshot](https://snapshot.org/#/s:dforcenet.eth/proposal/0x3546d2e3cecf8314c7b78842e024ffeea5afddf76b27b125a7bbe2e5063e8064).
Conflux Network Extends CFX Rewards for AxCNH on Unitus Finance
**Conflux Network** continues its incentive program on **Unitus Finance**, distributing a total of **175,000 CFX tokens** over a two-week period starting July 17th. **Reward Breakdown:** - 120,000 CFX for AxCNH suppliers - 55,000 CFX for AxCNH borrowers **How to Participate:** Users can supply or borrow AxCNH on [Unitus Finance](http://unitus.finance) to earn their share of the CFX incentives. This marks a continuation of Conflux's ongoing support for the AxCNH market on the Unitus platform, with similar reward distributions having occurred in previous periods.
Conflux Network Extends CFX Rewards for Unitus Finance Users
Conflux Network continues its incentive program on Unitus Finance, distributing rewards to users who supply or borrow AxCNH. **Key Details:** - **120,000 CFX** allocated for suppliers - **55,000 CFX** allocated for borrowers - Program runs for two weeks starting July 3rd - Rewards available for AxCNH positions on [Unitus Finance](http://unitus.finance) This marks a continuation of the ongoing rewards program that has been running in two-week cycles since mid-June. *Users can participate by supplying or borrowing AxCNH on the platform.*
Conflux Extends CFX Rewards for AxCNH on Unitus Finance
Conflux Network continues its incentive program on Unitus Finance, distributing rewards for AxCNH activity. **Key Details:** - **Distribution Period:** Starting June 19th for two weeks - **Supplier Rewards:** 120,000 CFX tokens - **Borrower Rewards:** 55,000 CFX tokens - **Eligible Asset:** AxCNH Users can participate by supplying or borrowing AxCNH on [Unitus Finance](http://unitus.finance) to earn their portion of the CFX incentives. This marks a continuation of the previous reward cycle that began on June 5th with identical distribution amounts.
dForce Disables USX Savings Rate Following Governance Vote
**Key Updates from dForce's March Report:** - **USX Stablecoin Changes**: Following governance proposal DIP079, dForce disabled the USX Savings Rate (sUSX) to strengthen protocol risk management. USX maintains $126.31M in circulation, with 89.6% on Arbitrum. - **Conflux Rewards Continue**: Unitus Finance extends incentives with 120,000 CFX for AxCNH suppliers and 55,000 CFX for borrowers over the next two weeks. - **ETH CC 9 Attendance**: The team participated in discussions on x402, AI agents, and DeFi's future at the Cannes conference. - **Platform Metrics**: dForce Swap has processed $276.8M in accumulated volume across USX pairs. Maxshot AI continues expanding its vault offerings. USX liquidity remains concentrated on Layer 2 networks, with 95% held by market participants outside of DEX trading and lending pools.