MXD

Introducing MXD: A Crypto-Native Stablecoin

MXD is a rebasing, chain-agnostic stablecoin built on Mobl3, offering a decentralized alternative to traditional banking systems. It serves as the primary settlement currency within the Mobl3 ecosystem, ensuring neutral settlements between parties.

MXD's Evolution:

• Initial Phase: MXD will function as a rebasing ERC20 token pegged to the USD value, backed by MXD reserves.

• Future Enhancements: MXD will generate native yield, integrate seamlessly with other protocol components, and become the universal currency within the Mobl3 Network.

MXD's Distinctive Role:

While Mobl3 welcomes other stablecoins, MXD's deep integration into the network's core functions makes it a pivotal component. The governance layer will leverage MXD for system backstopping, solidifying its position as a leading stablecoin within a comprehensive financial system.

More Details Soon.