dForce

dForce advocates for building an integrated, interoperable, and scalable open finance and monetary protocol matrix, including asset protocols (USDx, GOLDx, dToken), liquidity protocol (dForce Trade), and lending protocols. dForce Token (DF) is the utility token that facilitates governance, risk buffers and interest alignment across the dForce Network. USX is an over-collateralized stablecoin implementing multiple minting modules including global-pool, vault, and LSR. USX's dollar peg is mainly dictated by a hybrid interest policy that can efficiently improves USX's liquidity on secondary market by adjusting its lending and borrowing rates on supported protocols. Powered by the LSR module, USX is also 1:1 tradable with other supported stablecoins directly through dForce Trade.