Limits set by today's financial institutions are embarrassing. We want to rethink money and make money transfers as easy as messaging. I'm sure that now is the right time.
USDX is a price-stable token pegged to the US dollar at a 1:1 ratio via a smart contract. Simply put, 1 USDX = 1 USD. Each USDX token is collateralized with at least 200% worth of the core LHT cryptocurrency. A smart contract controls token supply. Due to its stability, USDX is useful as a means of payment, exchange and savings. Unlike cash, it can't be lost, stolen or damaged.
LHT Coin
COLLATERAL
LHT is a core cryptocurrency and collateral for the USDX token. LHT has a finite supply of 1 billion coins. The coin is based on the exclusive Lighthouse Blockchain. This blockchain is built using tried-and-tested BitShares protocol but operates independently. LHT can be quickly and with no fees exchanged to USDX stablecoin via USDX Wallet app. The interconnection between LHT and USDX entails that LHT demand and price rise when the cryptocurrency market goes down.
We are focusing on cryptocurrency transfers, while our competitors prioritise fiat into crypto conversions. We offer a universal payment solution for everyone - from a crypto newbie to a crypto pro. We're not aiming to become the only stablecoin, we're aiming to become the best and the most used solution within a crypto transfers market.
USDX vs Other Stablecoins
Stablecoin backed by a cryptocurrency
USDX
Stablecoin backed by a fiat
Stablecoin backed by a cryptocurrency
Stablecoin backed by a collateral
USDT (Tether)
Dai (MakerDao)
sUSD (Synthetix)
Countercyclical token
Platform
Blockchain based on sourcecode Bitshares
Bitcoin blockchain with Omni Layer protocol, Ethereum
Blockchain Ethereum
EOS, Ethereum
Backing of currency
Smart contract: 200% backed by LHT token
Fiat USD/EURO on a company's bank account
Smart contract based on oversecured Ethereum
Decentralization
Partially centralized
Centralized
Decentralized
Decentralized
Complexity
For cryptocurrency newcomers
For cryptocurrency newcomers
For experienced users of cryptocurrency
For experienced users of cryptocurrency
Working product
Android/iOS app
Tether API
Dai Dashboard
iOS app
Fees
No transaction fee
Transactions fee
CDP creation commission
Fees for users
ERC20
It changes depending on market-value of LHT
Secured debenture CDP
Backed by SNX
fees for corporations
Who We Are
Lighthouse is a company made up of entrepreneurs and crypto enthusiasts united in their aim of boosting innovation in the digital economy. We possess extensive experience in implementing complex, tech-savvy solutions. Our team consists of professionals in finance, project management, software development research, design, and marketing.