Announcing the DLO Partnership Program

XFai is delighted to announce the launch of the DLO Partnership Program. This program will leverage the unique value offering of the XFai DLO (DEX Liquidity Oracle) to invite small and medium cap tokens to the DeFi space, while offering the project and the token holders participation in one-sided liquidity provision while earning significant APY based on DEX transaction volumes. More than 50 projects have been identified as potential DLO partners since before the LGE, with more than 10 projects having joined the DLO partnership program. Individual partnership will be announced and highlighted in the coming days.

Making a Fairer DeFi Ecosystem

The current DeFi ecosystem is disproportionately geared in favor of the top 10 tokens. While this is great for holders of tokens such as BTC and ETH, it ignores the 250 billion USD market cap of other small and medium cap tokens with strong fundamentals and outstanding technology. Until now, holders of these tokens were forced to not only sell their tokens to realize profits, but also sell at a disadvantage due to the hidden market makers on the centralized exchange due to the lack of liquidity on DEX.

Supporting Long-Term Growth of Partners

Most small and medium cap token projects suffer from two paths that end up with the same result. The project either offers no incentive for the token holders to continue holding the token, or launches a staking contract designed to slow down the eventual sell pressure by paying the APY out of their own pockets. However, in the end, these tokens must be sold in the market for the traders to realize their profits. There is an eventual sell pressure, some of which the project has created itself by giving more and more of its tokens to the staking participants, and this sell pressure happens on very thin pools exasperating the downward spiral.

Benefits for XFIT Holders

The DLO partnership benefits not only the partnered token and its community, but also the XFIT holders. The unique set of skills held by the team at XFai allows the DLO to be a revenue-generating model, not at the cost of the DLO partners or the partnered token holders. The zero-cost revenue generation allows XFai to use the profits from its tools such as the DLO to engage in a buy and make strategy for XFIT, resulting in a continuous, steady upward price pressure on XFIT and enhanced liquidity in its XFIT pools.

About XFai

XFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DLO is set to invite mid and small-cap tokens to start earning APY on their token holdings, while the XFai LGE is set to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai’s native token, XFIT, was launched on 16th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

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XFai develops tooling for the DeFi space – we graph the DeFi space to build game-changing products. Starting with the DLO: the DEX Liquidity Oracle