USDx is the ethereum-based ERC20 stablecoin initiated by the dForce Decentralized Finance Protocol platform, and it is also the first stablecoin to receive strategic investment from the world's leading commercial banks. Its main advantages include: asset interest generation, risk diversification, multiple insurance, RMB and USD OTC channels, decentralized governance model, etc. As an index stabocoin, USDx is anchored to a series of high-quality component stabocoins (1 USDx = 0.3USDC + 0.3TUSD + 0.3PAx + 0.1DAI). Users can exchange component stabocoins into USDx by weight through minting protocol. You can also destroy the USDx and get back the series of component stablesoins. The coin minting and destruction process are all implemented in the chain, ensuring a high degree of transparency, tampering and censorship of the operation. The types and weights of component stablecoins will be adjusted through on-chain governance.