f(x) Protocol launches fxMINT, a way to mint fxUSD while keeping your BTC/ETH exposure, by only paying a one-time open/close fee on the borrowed fxUSD

"With fxMINT, there’s no ongoing cost. You mint fxUSD. You keep your BTC/ETH exposure. You pay only a one-time open/close fee on the borrowed fxUSD: • BTC: 0.8% / 0.2% • ETH: 0.5% / 0.2%" Liquidation breaks if your collateral get's too close to liquidation threshold just like fx leverage positions

Top comment by @Spencer420

More coverage

• What You Need to Know About f(x) Protocol - Alea Research (alearesearch.substack.com)
• What Is f(x) Protocol: Floating Stablecoin & Leveraged ETH Explained (gate.com)
• Modern Stablecoins, How They're Made: F(x) Protocol 2.0 - MixBytes (mixbytes.io)
• f(x) Protocol (fx.aladdin.club)
• Is f(x) Protocol Building the Future of Stablecoins? - Bankless (bankless.com)

Explore the topic

• fxUSD
• Lending
• BTC
• ETH