USX Launches as First ZK-Powered Neodollar with Cross-Chain Privacy
USX Launches as First ZK-Powered Neodollar with Cross-Chain Privacy
馃挵 ZK Money Revolution
USX, the first ZK-powered neodollar, has launched as an omnichain asset built natively on Scroll.
Key Features:
- Privacy-first design using ZK proofs and Cloak technology
- Cross-chain compatibility powered by LayerZero
- Gasless transactions for seamless user experience
- ~12% yield through tradfi and defi strategies
What Makes It Different: Unlike traditional stablecoins, USX functions as productive money that can be:
- Used for payments through partner integrations
- Kept private with built-in privacy features
- Earned on through yield generation
Rollout Timeline: Pre-deposits launching soon, with full integrations rolling out through Q4-Q1.
USX aims to deliver what physical cash should be - usable, private, and productive - but in digital form across multiple blockchains.
USX is an omnichain asset to maximize its usability from day one Built natively on Scroll with privacy built-in, USX is powered by LayerZero to unlock interoperability with global reach to many chains Because money should be everywhere.
The first ZK-powered neodollar runs on the OFT Standard. USX (@USXcapital), built on @Scroll_ZKP, introduces a privacy-preserving dollar for DeFi. By combining Scroll鈥檚 zero-knowledge tech with LayerZero鈥檚 global reach, USX becomes money that鈥檚 private on Scroll and borderless.
**Stablecoin Stress Tests Reveal Critical Vulnerabilities in Current Designs**
**Most stablecoins lack proper stress testing** for extreme market conditions, according to MixBytes audit expert Dmitriy. **Common collapse patterns follow predictable order:** - Oracle failures strike first - Collateral mechanisms break down - Liquidation mathematics fail **Key vulnerabilities identified:** - Yield-bearing stablecoins carry hidden risks - Cross-chain distribution creates new attack vectors - Price feed dependencies remain fragile **Resilience factors that matter:** - Circuit breakers for emergency situations - Robust oracle design architecture - Proper collateral backing mechanisms **CurveUSD's stabilization mechanism** shows promise among current designs, while traditional audit approaches evolve to include AI-assisted analysis. **The reality:** Building stablecoins today requires understanding CEX liquidity, regulatory frameworks, and tokenized asset efficiency - far beyond the experimental collateral mechanisms of 2021.
USX Launches with Gasless Transactions and 10-15% Staking Yields
**USX officially launches** with two key features that differentiate it from traditional cryptocurrencies. The new digital currency offers: - **Gasless transactions** - no network fees for users - **Private transactions** - enhanced privacy protection - **10-15% staking yields** when tokens are staked Integration with **Ether.fi Cash** is planned for Q1, allowing users to spend USX directly. The project positions itself as *crypto that feels like money, but works even better than money* - targeting mainstream adoption through improved user experience.
Scroll Launches 7-Week Delegate Training Program
Scroll has launched a comprehensive Delegate Accelerator program to train the next generation of effective DAO delegates. The 7-week curriculum includes: - Interactive workshops - One-on-one mentorship with veteran delegates - Practical experience through mock voting - Skill-building through gamified challenges **Key Details:** - Application deadline: June 23rd - Program focus: DAO governance and delegation - Goal: Building the Open Economy [Apply for the program here](https://app.deform.cc/form/5e670c2f-179c-4041-a37c-037216e5b8c2/?page_number=0)
Tempest Finance Launches AI-Powered Vaults on Ambient Finance
Tempest Finance has launched AI-powered vaults on Ambient Finance, offering users simplified liquidity management through one-click optimization. The vaults are now natively deployed on the Scroll network. Key features: - Single-click liquidity management - AI-powered optimization - Native integration with Ambient's web frontend - Full deployment on Scroll network The integration streamlines DeFi operations for users seeking efficient portfolio management without complex manual adjustments.