Voting aggregator Redacted Cartel announced the mainnet launch of Pirex, a platform by Redacted Cartel which creates futures marketplaces for yield generating tokens. The first exemplification of Pirex comes in the form of pxCVX. 1 $CVX can be deposited into Pirex for 1 pxCVX which will always be backed 1:1 by $CVX. pxCVX can be traded and sold at any time. Every two weeks, pxCVX holders can claim incentives that Pirex claims. Shortly after launch, Redacted Cartel will seed a pxCVX/CVX pool on Curve.
