Announcing: The XFai Private Sale

This is a highly anticipated event for the community, read on to ensure you don’t miss out!

About XFai and it’s DEX Liquidity Oracle

XFai develops tooling by graphing the DeFi space to build game changing products to benefit all stakeholders in the DeFi space.

Large cap tokens are greatly advantaged through DeFi, this is because they can be used to generate yield due to all major lending protocols supporting them. This creates a gap between large cap and mid cap tokens, that have no such financial utility. XFai seeks to solve this issue by creating single-asset liquidity pools that leverage staked assets via the DEX Liquidity Oracle (DLO) to generate fees/profits for any token, no matter the cap.

The XFai DLO leverages these single-asset staking pools by dynamically providing liquidity to DEXes while synchronizing with current CEX liquidity through the DLO. Our ‘synthetic curve’ method uses CEX liquidity as a “liquidity target” that the DLO then uses to achieve minimal slippage. This will in turn make DEX trading for these tokens more attractive, thus generating DEX volume, which finally yields fees for the DLO acting as a prime liquidity provider for this token.

By helping move liquidity that is “trapped” on centralized exchanges on-chain, the DLO unlocks these tokens for further utility in DeFi. Other DeFi protocols such as Maker or Aave can then gather more reliable information and price feeds on these tokens. This creates a positive effect as it opens up even more DeFi related use cases for DLO-supported tokens, resulting in growing DEX volume. This ultimately benefits the DLO as a liquidity provider, and in turn, the DLO single-asset staking pools. Fees generated by the DLO are paid out to stakers, effectively allowing XFai to generate single-asset staking rewards for any token.

How to participate in the private sale

The private sale aims to give early investors the opportunity to buy the tokens at a 20% discount.

Private Sale of XFIT: $3.8m raise @ $0.08. List @ $0.10.

To participate in the private sale; register using this form to pledge your contribution in USD.

Tokens will be distributed after the public sale which will be in the form of a Liquidity Farming Event. More details on the Liquidity Farming Event will be released soon.

Follow us to make sure you do not miss out on all future announcements!

About 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

Join us

Website | Telegram | Telegram Announcement| Twitter | GitHub

--

--

--

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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Gen Z are Blockchain digital transformation leaders

Famous Bitcoin Price Predictions: Who’s on the Money?

Vite Insights #6: The NFT Avatar Craze

CHEESE INTRODUCTION

The Difference Between APY and APR

Crypto Update! Don’t Miss These Benefits

Announcement of LBank Launches PAMP Trading Contest to Share 6,888 PAMP

There Is No Peace In The Crypto World . . .

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
XFai

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

More from Medium

Quick steps for XFIT Staking!

Radar development update

Fantom Network now LIVE on RocketX Exchange

InsurAce.io and Francium team up with an official partnership to protect digital assets.