By now, you know that the DUSD stablecoin is coming and how the switchover from the current platform will work. You’ve noticed that our branding has changed on our social channels and hopefully, you’re one of our many holders benefiting from generous DGTX payouts in our first-ever rewards program via Uniswap. Well, today, we’d like to tell you a bit more about how to use DUSD to your advantage and invite you to join the DUSD Creators group headed up by Adam. Read on to find out more.
How to Use DUSD to Your Maximum Advantage
You can see all the ways to use your DUSD to maximize your profits in risk-averse ways and make a passive income in the infographic below.
By collateralizing your DGTX to create DUSDs, not only will you contribute to increasing demand for DGTX and restricting its supply, but you’ll also be earning generous daily rewards. DUSD creators can expect to make around 5-10% interest per month on their investment. Just compare that to your savings account at the bank!
Besides creating DUSDs, you’ll also have the chance to put your crypto to even greater use–either towards further avenues of passive income or by taking out a DUSD loan. You can do this by collateralizing DGTX at a ratio of 10:1.
And, besides trading on our zero-fee futures, forex, and spot markets, you can use DUSD to buy DUSD bonds that pay out a fixed amount of DGTX per day. You can also earn very attractive rewards for using your DUSD to market make either manually or using bots on any of the markets on our exchange. There will also be excellent arbitrage opportunities for canny traders capitalizing on the slight price fluctuations by selling DUSD at over $1 and buying it back for $1 or less.
Finally, don’t forget about the ultra-high APYs on offer through our new rewards programs using DUSD on Uniswap. You can either choose a very stable investment vehicle by depositing DUSD and USDC for daily DGTX pool rewards, or you can lend liquidity to the DGTX/DUSD market for sustainable DGTX gains as well.
Join the Creators Group
Without a doubt, the very starting point as far as the DUSD is concerned and the enabler to all these generous programs and deep exchange liquidity lies in its creation. With all the new markets that we’re launching, we need to create as much liquidity as possible. That’s why we’re calling on all of you to actively participate in the creation of DUSDs.
As you can see, there are many incentives for doing so. Not only will everyone contributing serve to raise the demand and value of DGTX and create a liquid exchange, but you’ll be earning daily DGTX rewards.
So, what’s the next step? Join the DUSD Creators group, a dedicated group for people interested in creating DUSDs. This new group will be directly interacting with Adam to learn the ins and outs creating DUSDs to earn more on your investment.
The new group will be in the Digitex Connect area of Digitex City, which will be launching on December 15 as well. So, contact us if you’re interested in joining this group either through our 24/7 live chat feature, by opening a support ticket, or simply asking one of our admins on Telegram.
Finally, we know that some of you may be concerned over the security of your funds in the initial beta stages of Digitex City. So, we’d like to put your minds at ease. The security of wallets should not be an issue as there is nothing new to this system–it is the same that has been in place functioning without security issues since April. While we expect to find some bugs and inconsistencies, new features added to the exchange will not jeopardize the funds you’re storing on the exchange.
Digitex community, we’ll always have your back. Now, let’s work together to make this exchange the biggest and best in the crypto space yet.