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Stable Labs has launched on the Base Network, with cross-chain technology support provided by Axelar.
BlockBeats News, August 4th, Stables Labs, the developer of the stablecoin issuance protocol usdx.money, announced that it has launched on the Base network. It has partnered with the cross-chain interoperability protocol Axelar and Squid to provide seamless cross-chain access for USDX and sUSDX on the Base chain. Stables Labs' announced next steps include:
· Cross-Chain Integration
Bridge USDX/sUSDX to Base through Axelar and Squid
Ensure asset security upon arrival
Conduct comprehensive audits, testing, and ongoing monitoring
· Launch Liquidity Building on Balancer
Launch V3 liquidity pool: USDX/sUSDX/aaveUSDC (in a 1:1:1 ratio)
Provide initial liquidity + strong LP incentives
Initiate community activities to drive early adoption
Offer a 20% S-Points bonus during Epoch 10
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