fxPHP
Last updated
Last updated
Official Site: https://handle.fi
What is fxPHP?
fxPHP is a collateral backed stablecoin representing and soft pegged to Philippine Peso
Where can I mint fxPHP?
fxPHP can be minted through the handle.fi dApp. Currently the only accepted collateral used to mint fxPHP is ETH.
Step 1: Visit https://app.handle.fi/mint and ensure that you are connected to the Arbitrum Network
Step 2: Enter the amount of fxPHP to mint and adjust vault collateral ratio to desired level
Step 3: Click “Mint”
Step 4: Bridge fxPHP from Arbitrum One to ETH Mainnet
Step 5: Supply Liquidity (how to) and earn 2x rewards (xRNBW and FOREX) from the fxPHP:USDC pool
More details can be found here
Links:
Crypto.com and Binance Exchange supports withdrawls to Arbitrum networks so users can
Withdraw ETH and USDC from an exchange
Go to https://app.handle.fi and stake ETH to mint fxPHP
Supply fxPHP on HaloDAO dApp