Think CDPs are all about paying endless interest fees? Let's talk about something different đĄ
Most lending protocols charge annual interest on borrowed funds. But what if you could borrow stablecoins against crypto without those recurring costs?
That's exactly what fxMINT does at @protocol_fx. Deposit your ETH or WBTC, mint fxUSD, and pay just one-time fees: 0.5% opening / 0.2% closing for ETH, or 0.8% opening / 0.2% closing for WBTC. No annual interest draining your position đ„
Here's what makes it unique: #fxMINT uses the same battle-tested infrastructure as xPOSITION, but without the leverage. You keep 1Ă exposure to your collateral, no leverage amplification. If you deposit $1,000 worth of ETH, you retain base ETH exposure while borrowing fxUSD. No overexposure, just straightforward borrowing.
The protocol accepts ETH, stETH, wstETH, or WBTC deposits, automatically converting them to wstETH or WBTC as collateral. The liquidation brake I talked about earlier? It's here too, protecting you from sudden liquidations đĄïž
Note: In rare market conditions, a temporary borrowing cost may apply to the collateral (not continuous interest), but under normal circumstances, your only costs are those opening/closing fees.
So whether you need liquidity for an opportunity or want stablecoins without selling your stack, fxMINT lets you do it without the interest bleed traditional CDPs impose.
Traditional CDP or fxMINT? The math gets pretty clear when you're not paying ongoing interest đ
Try it yourself đ

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