Took a closer look at StandX recently, and the protocol's design is worth examining. The $DUSD mechanism works like this: users mint stablecoins, which StandX then converts into spot market exposure while maintaining balance across the system through its rebalancing logic. The architecture here addresses a real pain point—how to bridge stablecoin generation with actual market positioning. Whether you're interested in the DeFi infrastructure layer or exploring alternative stablecoin models, this approach combines collateralization with asset conversion in an interesting way. The protocol mechanics suggest some thoughtful engineering around risk management and liquidity flows.