xSigma is a decentralized stablecoin exchange backed by a public company (Nasdaq: ZKIN). It is an Ethereum-based dApp that facilitates trades between DAI/USDC/USDT stablecoins.
Anyone can use xSigma to swap between their three stablecoins using a crypto wallet. You need to use a web3-enabled wallet to trade and provide liquidity. More on Ethereum wallets: https://docs.ethhub.io/using-ethereum/wallets/intro-to-ethereum-wallets/
The SIG token is a basic unit in xSigma. SIG token holders are entitled to vote for decisions involving the future of xSigma DEX. You can use your tokens to vote for xSigma's future development via the DAO or to activate a buyback from the accumulated fees fund. Read more
The SIG LP token represents a pool share. It can be converted back anytime to underlying stablecoins. Read more.
xSigma DEX is a product made by xSigma Lab (a subsidiary of ZK International). xSigma Lab owns 30% of the SIG token supply, but does not control xSigma DEX's operations directly. xSigma Lab doesn't have access to DEX liquidity or user funds.
xSigma DEX is based on a well-tested StableSwap algorithm, first introduced by Curve in a 2019 paper: https://www.curve.fi/stableswap-paper.pdf
Read xSigma DEX Whitepaper: https://xsigma.fi/xsigma.whitepaper.pdf
Read more about xSigma Lab: https://xsigma.com/