USDG on X Layer FAQ

1. How can I get USDG on X Layer and what are my options?

There are four main ways to get USDG on X Layer:

• OKX Exchange: trade for USDG directly and move it to X Layer seamlessly

• Cross-Chain Bridges: if you already hold USDG, you can bridge it over from other networks instantly

• DEXs: swap for USDG right inside X Layer's growing DeFi ecosystem

• Lending Protocols: supply your USDG to earn yield or use it as collateral

You can also buy USDG directly here.

2. What's the 4.1% APY rewards program and how do I participate?

X Layer offers a 4.1% APY rewards program on USDG holdings, where USDG rewards are earned daily and claimable every week. To participate:

1. Hold USDG on X Layer via OKX Wallet

2. Connect your Wallet to Exchange to activate the rewards program

3. Claim your rewards on Wallet under the USDG token page

Note: the rewards program isn't available to customers in USA, UK, EEA, Brazil, Australia, UAE, Turkey, and Singapore.

3. What makes USDG different from other stablecoins in terms of safety and compliance?

USDG is backed 1:1 with cash and cash equivalents and is designed for compliance from the ground up. It aligns with leading global regulations like Singapore's Monetary Authority of Singapore (MAS) and Europe's Markets in Crypto-Assets (MiCA) frameworks. USDG is issued by regulated entities like Paxos Digital Singapore, offering the transparency and oversight that users deserve. This regulatory compliance ensures you get the stability of a compliant stablecoin without sacrificing opportunities for yield.

4. Can I earn yield on my USDG holdings beyond the 4.1% APY program?

Yes, beyond the 4.1% APY rewards program, you can use USDG in various DeFi protocols on X Layer to earn additional yield:

• Supply lending protocols to earn interest or use as collateral

• Participate in liquidity pools on DEXs within X Layer's ecosystem

• Engage with other DeFi applications as the X Layer ecosystem continues to grow

This allows you to maximize your returns while maintaining the security and compliance of USDG.

5. Who can participate in the USDG rewards program and are there any restrictions?

The 4.1% APY rewards program is available globally with some regional restrictions. The program is NOT available to customers in the following jurisdictions:

• USA

• UK

• European Economic Area (EEA)

• Brazil

• Australia

• UAE

• Turkey

• Singapore

All other regions can participate by holding USDG on X Layer via OKX Wallet, connecting their wallet to the exchange, and claiming rewards weekly. The APY is subject to change, and users should refer to the X Layer Terms of Service for complete details.