dexNET
dexNET is a suite of bots that manage the USDEX+ peg across multiple chains.
The dexNET bots:
Deploy collateral when needed to bring the price back to peg at $1 USDC
Sell USDEX+ when required to bring the price back up to peg at $1 USDC
The dexNET bots act with a level of artificial randomness designed so that they can't be exploited. This has been battle tested resulting in the dexNET bots becoming hardened.
The dexNET bots profit from arbitrage and peg maintenance activities.
Last updated