According to Mars Finance, StandX, a decentralized derivatives trading platform within the BNB ecosystem, revealed that it may conduct a TGE (Transactions-Government) this year. It is understood that, relying on the recently deployed SIP-2 and SIP-3 mechanisms, the protocol currently distributes a portion of transaction fees to position holders and DUSD holders, maintaining the annualized yield (APY) of its stablecoin DUSD at around 10%. Furthermore, following the launch of its Network Yield transaction fee rebate feature, StandX stated that it will soon launch its on-chain options product, SIP-4. This product, incorporating a perpetual contract architecture, will provide users with peer-to-peer covered call functionality.
StandX has revealed that it will conduct TGE this year and plans to launch its on-chain options product SIP-4 soon.
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