Announcing the XFai Liquidity Generation Event

XFai
4 min readMar 18, 2021

We are beyond elated to have taken this exciting journey with you. The success of our private sale, which closed in record time and continues to generate excitement, now gives way to our next big announcement. We are humbled by the interest, and support from investors and the public alike. This wonderful support is a testament to how much we all believe in the future of DeFi, and alongside the exciting and revolutionary technologies in XFai’s roadmap, we can all continue to increase in our confidence that DeFi is the future.

Every individual voice of support alongside all the VCs in our highlight series has come together in support of XFai’s groundbreaking methodology. The likes of LD Capital, Rarestone Capital, Kyros Venture, and Vendetta Capital are only some of the big names we have announced so far and when you see what else is coming it will blow your socks off!

Our next big announcement is what you have all been eagerly anticipating: our leading-edge Liquidity Generation Event!

General Information

Date: Thursday, April 15th, 2021

Time: The exact time of the launch will be announced slightly before the LGE commences.

Additional Information: All important information will be shared in the XFai official social media channels. Always remember that only messages listed on our official channels are the real ones! Here is the list of XFai’s official social media channels:

Informational Flow

The team at XFai believes in transparent, effective communication. This is why we have decided to reveal the informational flow so that the community can anticipate exactly when the relevant information will be released on the respective platforms. Here is the flow for the majority of the information that is released to the public:

  1. The announcement is drafted into an article and released on XFai Official Medium publication.
  2. The Medium article is shared on Twitter.
  3. The Tweet is shared on XFai Official Announcement Channel on Telegram.
  4. The announcement is then forwarded to the XFai Telegram group.

Platforms

The XFai $XFIT LGE will be launched directly on the XFai website. The participating users will receive significant benefits through the easy-to-use dashboard, and a one-step mechanism that can save them hundreds of dollars in gas fee.

Following the launch of LGE, XFai will be listed on DEX (decentralized exchanges). More information will be revealed soon.

The Significance of XFai $XFIT LGE

Our LGE allows participants to have a unique opportunity to get involved with XFIT tokens at an early stage, stake them within the liquidity pool, and earn increased, sustained yield throughout the launching period, all in one step. This ensures that community participation is as inclusive as possible, and easier thanks to the intuitive UI design. The one-step process also significantly reduces the gas fee, meaning that the participants will not have to engage in a mutually-damaging gas war to purchase and farm the tokens.

The XFai $XFIT LGE is also equipped with future-oriented technology such as impermanent loss mitigation, significantly reduced slippage, and a lower probability of failed transactions contributing to paying no gas fees for failed transactions.

The XFai $XFIT LGE is a fairer, more transparent, more efficient, and more accommodating mechanism than the traditional TGE. This is why the team at XFai has developed this launch mechanism and looks forward to setting the industry standard as the first example of a successful LGE.

Moving Forward

Starting next week, the XFai team will be featured in a number of AMAs hosted by some of the most influential individuals and groups in the industry. XFai will also be featured in some interviews, which we believe will help the community understand XFai further.

Overall, we look forward to welcoming more people into our community and changing the norm of how tokens are offered to the public through the XFai $XFIT LGE. We thank you for your continued support.

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, is set to launch on April 15, 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

Join us

Website | Telegram | Telegram Announcement| Twitter | GitHub

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XFai

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