Xash is a rewards program that pays stablecoin users in tokenized gold for eligible on-chain activity such as providing liquidity, extending lending, and expanding stablecoin availability. The dApp lets users review and approve qualifying actions from their own wallet, while Xash tracks participation and distributes rewards in ounces of gold that can be claimed independently. Rewards are measured in gold without requiring users to hold gold as their principal asset.
Funding
Funding not disclosed
Founders
Product
Problem
Stablecoin programs typically reward passive holding, which does little to encourage the active use that makes stablecoins genuinely useful across blockchain ecosystems. Without incentives for liquidity provision, lending, and broader distribution, stablecoins fail to reach their full potential as a reliable medium of exchange or store of value. This limits the growth and utility of stablecoin markets.
Solution
Xash is a rewards program that pays stablecoin users in gold for eligible on-chain activity that makes stablecoins more useful. Users can provide liquidity, extend lending, or help expand stablecoin availability across venues, with each action reviewed and approved directly from their own wallet. Xash tracks and measures eligible activity using current rules, then distributes rewards in ounces of tokenized gold. Users can claim their gold to a personal wallet and hold it independently, without maintaining an ongoing relationship with Xash. Because gold cannot be printed by Xash, the reward offers a durable, scarcity-based alternative to typical points or token rewards.
Target Audience
Primary users are stablecoin holders and decentralized finance participants who actively deploy capital into liquidity pools, lending protocols, or distribution venues and seek a non-inflationary, asset-backed reward for their contributions.
Features
- Rewards denominated in gold ounces, claimable as tokenized gold to a user's own wallet
- Eligible activities include liquidity provision, lending, and expanding stablecoin availability
- Cumulative record of eligible activity where amount, consistency, and breadth shape reward share
- dApp interface for reviewing eligible activities, understanding requirements, and approving actions from the user's wallet
- Beta program with current eligibility and weighting rules applied to measure participation