Kento on UXD Protocol, Solana Stable Coins and Delta Neutral Positions

Hi everyone, we are back with another episode of our fascinating podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we catch up with a very unique guest, Kento. He is the founder of UXD Protocol. They offer an algorithmic stablecoin backed by a Delta neutral position. 

Welcome to the fifty-sixth episode of the Inside Crypto Podcast. This episode was recorded on April 21st 2022. What is a delta-neutral position? How does one become the dominant stable coin on Solana? These and many more questions on today’s show. 

Before we get started, I would like to mention that today’ interview suffered from a few technical issues. I apologize for them but rest assured we will have Kento on again in the future to make up for the lack of quality.  I also would like to thank my employer Amun Tokens for making podcasts like this happen. Please don’t forget to check us out and our products at tokens.amun.com.

 Thanks everyone for listening and don’t forget to tune in next week where we interview someone else in the cryptocurrency universe.

Topics Covered Today:

So Kento, I think the first thing people will notice when they head to the UXD site is the very retro look, is there a reason for that?

Before we get too deep, what is the idea behind the UXD Protocol? What is a delta neutral position in easy-to-understand terms?

Given your background, where did the inspiration for UXD come from? Why did you decide to create it?

How can people participate in UXD? Why should they do so?

On the site, it explains that you are censorship resistant, how does that work?

You're collateralized by 88.3% Solana, is there any reason for that?

Who have you partnered with? The website mentions a few names like Anatoly, have you met them? Why did you choose these people to work with?

How does UXP work, it is your governance token, has there been anything to vote on yet?

What are the plans for 2022?

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