UXUY launches global public beta: "My First MPC Wallet" is here
Users participating in the public test can receive UXUY credit Gas quota.Source: UXUY
After the beta version of the UXUY APP was released on August 8, users are officially invited to experience the next-generation DEX without mnemonic vulnerabilities, and the global public testing event for "My First MPC Wallet" will start at midnight (UTC) on August 14. Users who successfully participate in the public test will receive UXUY credit Gas limits, on-chain OAT commemorative badges, and share a prize pool of 10,000 USDT.
UXUY - My First MPC Wallet
UXUY is a decentralized trading platform based on MPC wallets, offering features such as no mnemonic, seamless cross-chain, and exclusive Gas credit limits, providing users with a CEX-like trading experience. UXUY is ready to be your first MPC wallet.
No Mnemonic
As a non-custodial MPC wallet, UXUY effectively avoids mnemonic vulnerabilities. Currently, it adopts a 2-2 sharding model, where the user holds one shard and the platform validator holds the other; users can choose various backup methods for their shard, while the platform validator's shard will be backed up to multiple cloud services to ensure the security of users' assets. UXUY is currently developing a social recovery version, which will upgrade to a 2-3 sharding model, where the third shard will be held by a third party designated by the user, thus achieving diversified security recovery for the wallet.
UXUY adheres to the philosophy of decentralization, practicing "Your Crypto, You Control." By adopting the MPC wallet solution, it maximizes the reduction of the usage threshold for decentralized applications.
Seamless Cross-Chain
UXUY establishes uPool to build a Multi-chain Pipe, helping users conveniently trade with stablecoins like USDT and USDC, narrowing the experience gap between DEX and CEX. Seamless cross-chain is based on native assets, which will reduce the scale of wrapped assets during use, greatly improving the immediacy of transactions.
UXUY also advocates for reducing wrapped assets entering DeFi protocols to prevent TVL leverage bubbles and help users avoid on-chain systemic risks.
Gas Pool: Exclusive Gas Credit Limits
UXUY has innovatively created GasPool, allowing users to obtain exclusive Gas credit limits (10 USDT) with zero threshold for Gas payments in transactions. During the global public testing event of "My First MPC Wallet," the first 10,000 participants will each enjoy a Gas credit limit of 100 USDT.
Gas Pool features a Gas-free function, allowing traders to complete transactions without relying on the main chain token.
Users need to meet the following conditions to participate in the public test:
Download the APP from uxuy.com, complete the installation and creation.
Join our Telegram.
In the Telegram group, provide your testing feedback; the UXUY review team will issue corresponding rewards based on your feedback.
After the global public testing event of "My First MPC Wallet" concludes, the UXUY team will announce the list of winners, and rewards will be credited to your UXUY account.
