STX Saving Token is a blockchain-based digital savings solution. By depositing USDT into supported wallets, users can participate in smart contract–powered lending, ensuring transparent and secure transactions without central authority. In return, depositors receive STX tokens as rewards.

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What is DApp and how does it relate to blockchain?

Decentralized applications (DApps) are applications built on the blockchain, also known as distributed applications. DApps are built on the blockchain network. The relationship between DApps and blockchains is similar to that between apps built on iOS and Android systems. DApps allow blockchains to develop various application values and can be said to have ushered in the blockchain era.

Decentralized Applications (DApps)

DApp is an app developed for a specific application technology purpose, that is, an application in the blockchain world. Common applications include financial investment, stores, etc. They are constructed in a decentralized manner, deployed and operated on the public blockchain. Once built, they can run automatically. Due to the decentralized nature of the blockchain, all data is open, transparent and cannot be tampered with.

What is the STX Savings Program?

By depositing USDT into a wallet supported by the product and making savings, users can act as liquidity providers. This process usually involves using smart contracts to automate lending functions, ensuring the execution of terms without the need for central authority. In return, lenders will be rewarded with STX tokens.

Borrowers can obtain loans by pledging their assets, which provides a guarantee for lenders. This collateralization process is crucial because borrowers need to have sufficient collateral or security to ensure that even if the borrower fails to repay the loan, the provider user can be protected.

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Decentralized infrastructure

What makes The Graph so resilient? The Graph Network is a decentralized data marketplace driven by distributed participants: Indexers, Curators, Delegators, and Subgraph Developers.

What are Stacks?

Stacks is a Layer 1 blockchain that enables Bitcoin to support DeFi, NFTs, applications, and smart contracts. These Layer 1 blockchains serve as solutions to enhance the base protocol and expand the system's scalability. Stacks can be used to create decentralized applications and smart contracts that are natively integrated with Bitcoin's stability, capitalization, and security, thereby building a user-owned, decentralized internet for issuing Bitcoin. STX is the standard token of Stacks.

Web applications that use data are executed locally in the user's browser. Therefore, users have full ownership and control over their personal data and can access all content on Blockstack using just the right browser.

Stacks provides software support for internet access, decentralized application environments, and development tools (dApps) that power computing networks. Its primary goal is to reduce reliance on applications and centralized cloud providers that may collect and sell user information. Users can directly access digital assets such as usernames, domain names, and computer programs through the Stacks network. Computation is performed on the Stacks blockchain at the edge (client device). Applications on the platform store data independently and only use the blockchain when necessary.