Great read on $Fxsave and its value to @protocol_fx
$fxSAVE is the engine. $FXN is the play. While most protocols chase TVL with inflation and mercenary yield, @protocol_fx has taken the hard road: Build the most trusted decentralised stablecoin, backed by real fees and long-term alignment. Here’s why the next phase of Protocol f(x) puts $FXN in prime position... ➠ What is fxSAVE? » It’s the protocol’s stability vault. » Users deposit $fxUSD or $USDC to keep $fxUSD pegged and liquid. » They earn real yield from protocol fees... not emissions. » $fxSAVE doesn’t gamble against users. » It earns like a counterparty, but without the risk. » Current APY: ~10.8% » Backed by trading activity and collateral yield ➠ Where does the yield come from? » f(x) charges one-time fees on opening/closing leveraged trades » It also earns from ETH/BTC collateral yields » Soon: fees from shorts, limit orders, stop losses This means $fxSAVE yield grows with usage... not token printing. And the deeper the $fxSAVE pool, the more leverage the system can support. More leverage = more fees = more rewards. (flywheel) This is a positive sum loop between stability and growth. ➠ What’s coming next? » sPOSITIONS «» allow users to short markets » Adds buy pressure on $fxUSD, reducing fxSAVE strain » Shorters churn more volume(traders typically hold shorts for less time) = more fee revenue. Then: » Limit Orders + Stop Losses... full trading suite » @base deployment (more users) » Upcoming integrations with forks like @RegnumAurum, @ZhenglongFi , and @sigmadotmoney.. These aren’t just features... they’re volume multipliers. Volume = fees. Fees = value to $fxSAVE and $FXN. ➠ How does this all benefit $FXN? Right now, most fees go to $fxSAVE to bootstrap trust and liquidity.. That’s by design. Stablecoins without trust die in silence. But as trust builds, fee distribution can shift... massively. » $veFXN holders already earn voting bribes and incentives » $fxSAVE won’t need as much yield to attract capital once $fxUSD is trusted » That excess yield flows to $veFXN lockers » Revenue share from friendly forks » Current APY ~22.1% And it compounds: » More TVL → more leverage → more fees » More fees → more rewards → stronger $FXN case The long game is obvious. Once $fxUSD becomes a top 10 stablecoin, $FXN becomes a cashflow monster... ➠ $fxSAVE is the protocol’s heartbeat. It anchors the peg, attracts liquidity, and powers growth. But $FXN is the long-term winner. Because when trust catches up, the protocol can redirect the firehose of fees straight to lockers! Betting on $FXN is betting on trust in on-chain money... And it’s already happening.
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