Xash’s Kevin Huynh Pitches Stablecoin Issuers on Gold Rewards Instead of Passive Yield

Kevin Huynh , introduced on Unchained Premium as co-founder and CEO of Xash , said the startup wants stablecoin issuers to pay for tokenized-gold rewards that users earn by putting their dollars to work in DeFi, instead of yield for simply holding a token. Users connect a Phantom or Solflare wallet to Xash’s non-custodial Solana front end and route stablecoins to outside DeFi venues such as Kamino to trade, lend or provide liquidity. Xash scores that activity in points it calls XP and, at the end of each month, splits a pool of gold among users by points.