Interview with StandX Joint Venture: Leaving Binance to Start a Business and Building an On Chain Perp Liquidity Flywheel "StandX co-founder Justin Cheng (former member of Binance contract founding team, 2019-2024) introduces the core model of the platform: the independently developed interest bearing stablecoin DUSD is combined with on chain Perps DEX to form a flywheel effect - DUSD income mainly comes from contract capital rate arbitrage, with an annualized rate of about ten percent, attracting traders to use it as margin; We plan to distribute a portion of the contract revenue to DUSD holders. Maker Points and Maker Uptime mechanisms reward pending orders, with a current order book depth of 800 BTC within 10bps and low slippage for large transactions; Diversified sources of liquidity can help alleviate extreme market risks; The mechanism aims to reward genuine contributions, rather than simply providing subsidies. read the whole passage: https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=47&id=56505