Introducing xbEURO
EURxb.finance introduced xbEURO – a non-inflationary stablecoin that allows holders of inflationary stablecoins to lock-up their tokens for the full interest term.
This mints the full value of their entire future term interests together with the current capital value in new xbEURO stablecoin tokens, to be deployed into liquidity pools that earn protocol rewards.
Over and above this addition to other protocol tokens, they are making important progress on preparing for an open protocol that will support new issuers in the future. The xbEURO (and future xbFIAT stablecoins) are designed to provide a completely fungible instrument that allow different types of securities to access the same liquidity pools, simplifying how we will manage liquidity as a protocol. It also ensures that we can reliably interface with other DeFi pools and protocols that do not yet fully support an inflationary token, and goes one step further in clarifying potential future regulatory concerns around interest bearing tokens.
What is EURxb finance?
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