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fxUSD/EUR Market

The fxUSD/EUR market allows users to mint pegged tokens (haEUR) and leveraged tokens (hsFXUSD-EUR) using fxUSD (via fxSAVE) as collateral.

Market Overview

This market uses fxUSD (via fxSAVE vault) as collateral to mint:

  • haEUR: Pegged token representing EUR exposure
  • hsFXUSD-EUR: Leveraged token with variable exposure to EUR

Status: Coming Soon - This market is planned for deployment but contracts are not yet deployed.

Contract Addresses (Planned)

  • minter: TBD
  • peggedToken: TBD (haEUR)
  • leveragedToken: TBD (hsFXUSD-EUR)
  • reservePool: TBD
  • stabilityPoolManager: TBD
  • genesis: TBD
  • priceOracle: 0x8f6F9C8af44f5f15a18d0fa93B5814a623Fa6353 (fxUSD/EUR aggregator - available)
  • feeReceiver: TBD
  • stabilityPoolCollateral: TBD
  • stabilityPoolLeveraged: TBD
  • collateralToken: 0x085780639CC2cACd35E474e71f4d000e2405d8f6 (fxUSD)
  • wrappedCollateralToken: 0x7743e50F534a7f9F1791DdE7dCD89F7783Eefc39 (fxSAVE)

Token Details

Pegged Token (haEUR)

  • Symbol: haEUR
  • Description: Pegged token representing EUR exposure
  • Use Case: Stable exposure to EUR price movements
  • Status: Not yet deployed

Leveraged Token (hsFXUSD-EUR)

  • Symbol: hsFXUSD-EUR
  • Description: Leveraged token with variable exposure to EUR
  • Use Case: Leveraged exposure to EUR with yield generation
  • Status: Not yet deployed

Collateral Token

  • fxUSD: fxUSD stablecoin (0x085780639CC2cACd35E474e71f4d000e2405d8f6)
  • fxSAVE: fxSAVE vault (wrapped fxUSD with yield) (0x7743e50F534a7f9F1791DdE7dCD89F7783Eefc39)

Price Oracle

The fxUSD/EUR price oracle (0x8f6F9C8af44f5f15a18d0fa93B5814a623Fa6353) is available and provides:

  • Rate Provider: fxSAVE vault (for fxUSD exchange rate)
  • Price Feed: EUR/USD Chainlink feed (inverted to get fxUSD/EUR)
  • Status: Oracle deployed and available

See Price Oracle Contracts for detailed information.

Market Parameters (Planned)

  • Collateral Type: fxUSD (via fxSAVE vault)
  • Leverage Mechanism: Variable leverage based on collateral ratio
  • Yield Source: Yield from fxSAVE vault
  • Rebalancing: Via stability pools
  • Deployment: Planned for February 2026

Genesis (Maiden Voyage) - Planned

  • Start Date: February 1, 2026 (planned)
  • End Date: February 8, 2026 (planned)