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Gate Square New & Returning Creator Rewards are ongoing!
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Frax and Agora compete for the issuance rights of Hyperliquid's USDH stablecoin.
According to Ha Shichain news, teams like Frax and Agora are participating in the bidding for the issuance rights of Hyperliquid USDH stablecoin. Paxos promises to use 95% of the interest for HYPE buybacks, Frax proposes that USDH be backed 1:1 by frxUSD with zero fees, while Agora commits to a 100% net income sharing.
#Paxos #Cryptocurrency #Stablecoin #Blockchain #HYPE