🚀 Big news! dForce is integrating @AnchorX_Ltd AxCNH, an offshore Chinese Yuan (CNH)-pegged stablecoin, onto our ecosystem. starting with our Money Market Unitus Finance on the @Conflux_Network blockchain! 📅 Launching on Friday October 24th at 14:00 UTC+8! 💰 30,000 CFX in rewards will be distributed for AxCNH suppliers on Unitus for the first two weeks! 🔗 Click here to read the full article: Or keep scrolling for a recap thread 1/6. 🧵
2/ What is $AxCNH? It’s a fully-backed, off-shore CNH-denominated stablecoin from AnchorX, a leading stablecoin issuer in Asia, vetted by regulators in Kazakhstan. This makes it a compliant, trusted bridge between traditional and decentralized finance in Asia. 💹
3/ With AxCNH live on , users can soon deposit and borrow AxCNH. This opens fresh yield and trading opportunities focused on the fast-growing CNH stablecoin market. 💰📈 Risk is carefully managed: AxCNH won’t be used as collateral initially, and strict parameters are in place—keeping your assets safe while we grow adoption and liquidity. 🔒⚖️
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