USDX is a “rebasing” token with a stable $1 value that pays out interest daily via new token rebasement.
USDX balance = shares × rewardMultiplier
XFT updates a rewardMultiplier to distribute yield from US government securities.
wUSDX is an “accumulating” token that reflects income in the form of an increasing token price.
Rebasing
If you have 100 USDX (worth $1 each) and earn 5% yield, you'll now have 105 USDX, still worth $1 each. Your total value grew from $100 to $105 through rebasing.
Accumulating
If you have one wUSDX worth $1 and accrues one dollar of yield, you now have one wUSDX token worth $2.
| Action | From | To | Yield | Multiplier | Time |
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