Türkiye: Opposition Victory Makes Continuation Of Policy Normalisation More Likely

Japan: Improved Inflation And Positive Effects For Debt Sustainability Underpin Stable Outlook

Middle East Crisis: Geopolitics Remains a Downside Risk for the Global Economic and Credit Outlook

Extended High Interest Rates Forecast to Impact Economic Stability

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Gold Prices at a Crossroads: Indicators Signal Caution

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Germany: Economic Outlook Stable Despite Near-term Stagnation and Fiscal Challenges

Euro Area Sovereign Credit: Some Ratings Under Pressure as Fiscal Challenges Mount

US Elections: ‘Crypto Voters will be Heard’ in 2024, Mark Cuban warns SEC

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April’s Wholesale Prices Surge 0.5%, Surpassing Expectations

Powell Says Policy Rate Is Restrictive By Many Measures

PayRetailers Announces its Expansion to Africa Strengthening its Presence in Emerging Markets

Nominations Now Open for UF AWARDS Global 2024!

JustMarkets launches Birthday Promo with $120,000 Prize Pool

April’s CPI Comes in Less than Expected

Crude Inventories Declined By 2.5 Million Barrels, More Than Expected

Zero Markets Awarded ‘Best Copy and Social Trading Platform’ by FXEmpire

Tickmill Launches Interest Rate Offering

US Jobless Claims Rise; Philly Fed Shows Weak Manufacturing

Natural Gas, WTI Oil, Brent Oil Forecasts – EIA Natural Gas Storage Build Of +70 Bcf Misses Estimates

Crypto News Today: Microstrategy Joins World Index | Vanguard Rules Out Bitcoin ETF

Foraxi Revolutionizes Forex Trading with Instant Transactions and Tailored Broker Services

Hang Seng Index, ASX 200, Nikkei 225: Hang Seng in the Hands of China Data

China Retail Sales Overshadow Industrial Production Boost Impacting the Hang Seng

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Bitcoin ETF Pull in $257 Million in 4th Consecutive Days of Inflow

Annual Inflation Stable at 2.4% in the Euro Area; Core Steady at 2.7%

Crude Oil News Today: Set for Weekly Gain Amid Improving Global Demand

Natural Gas News: Traders Bracing for Volatility with Cooler Temps Forecasted

Italy: Tax Breaks, Investment Delays, Rising Debt-to-GDP Increase the Need for Fiscal Consolidation

EUR/USD Forecast – Euro Falls During The Early Hours on Friday

Gold Price Forecast – Gold Continues to Look Strong

Bitcoin Cash Price Eyes $500 Breakout as Network Transactions Skyrocket 1,000%

S&P 500 Price Forecast – S&P 500 Continues to Look Elevated

AUD/USD Weekly Price Forecast – Aussie Dollar Continues to Look Noisy

EUR/USD Weekly Price Forecast – Euro Continues to Look Neutral Overall

Gold Weekly Price Forecast – Gold Continues to Look Bullish

NASDAQ 100 Weekly Price Forecast – NASDAQ 100 Continues to Power Higher

S&P 500 Weekly Price Forecast – S&P 500 Continues to Look Bullish

Nasdaq 100, Dow Jones, S&P 500 News: Major Indexes Holding Steady as Investors Eye Potential Rate Cuts

Crude Oil Price Forecast – Crude Oil Continues to Do Nothing

USD/JPY Forecast – US Dollar Continues to Rally

Natural Gas Price Forecast – Natural Gas Continues to Rally

Silver Price Forecast – Surging Chinese Demand Could Trigger Immediate Price Spike

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat Ahead Of The Weekend

Bitcoin Weekly Price Forecast – Bitcoin Continues to See Major Strength

Crude Oil Weekly Price Forecast – Crude Oil Continues to Consolidate

USD/JPY Weekly Price Forecast – US Dollar Continues to Show Support And Strength

Natural Gas Weekly Price Forecast – Natural Gas Continues to Rally All Week

Gold, Silver, Platinum Forecasts – Gold Tests The $2400 Level

Gold May Test The $2500 Level In May

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As China’s Industrial Production Exceeds Expectations

XRP Price Surges 9% as Ripple Unveils Plans for Expansion into Africa

NASDAQ Index, SP500, Dow Jones Forecasts – Dow Jones Remains Stuck Near 40,000

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Natural Gas Price Forecast: Bull Trend Continues Towards 2.68

Gold Price Forecast: Surges to New Highs, Targets 2,462 Next

Crypto News Today:  U.S. Senate Votes against SEC | CME Group to List BTC | JPMorgan on BTC Mining

Crypto Top Gainers This Week: Arweave (AR), PEPE, BONK in Focus

Five Things to Know in Crypto This Week: BTC-Spot ETF Inflows and SEC vs. Ripple

XRP News Today: Ripple’s Latest Market Report Amidst SEC Lawsuit Tensions

Bitcoin (BTC) News Today: $70,000 in View as Spot ETF Market Eyes Five Day Streak

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What is UX?

UX is a cross chain DeFi hub that interconnects between blockchains. 

As a base layer blockchain, applications and money lego primitives can be built on top of UX to access cross-chain leverage and liquidity. The UX Blockchain facilitates interoperability for a Tendermint Proof of Stake protocol with the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols.

 

As a Cosmos SDK blockchain, the UX Chain is interoperable with blockchains including Terra, Crypto.com, Binance Chain, Osmosis, Secret Network, and 30+ other chains, plus Ethereum, from Day 1.

 

Why was UX created?

UX was created to address three main issues that exist in DeFi:

1) Detached Yields

2) Concentrated Systematic Risks

3) Isolated Capital 

UX plans to break the inherent silos between blockchains by utilizing bridging solutions towards interconnecting blockchains and encouraging better capital efficiency. The eventual goals will be to enable interchain lending and borrowing, multi-chain staking and delegations, plus cross chain defi rates.

What is the native UX token?

The native UX token is a Proof of Stake asset that can exist as a Cosmos SDK token and an ERC20 token on Ethereum. 

UX tokens are used to pay for network fees on the UX Chain, to provide Proof of Stake consensus to the UX network, and for protocol governance. 

UX Chain

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