Implementation of a program that manages on chain accounts to mint and redeem Redeemables tokens (UXD), hedged by a delta neutral position on underlying DEXes.
This PR introduces a permissionless IX that allows any user to buy credix_lp liquidity directly from the on-chain program using USDC that will be deposited into the identity_depository.
This allows anyone to take over the liquidity risks from the uxd-program while keeping the proper redeemable backing.
This PR introduces a permissionless IX that allows any user to buy credix_lp liquidity directly from the on-chain program using USDC that will be deposited into the identity_depository.
This allows anyone to take over the liquidity risks from the uxd-program while keeping the proper redeemable backing.