April 29: XFai Ignition Launchpad IDO. Whitelist is Now Open

The XFai team is thrilled to announce that the XFai IDO will be held on Ignition Launchpad on April 29, 2021. The whitelist will open at 11.30 AM UTC on April 14, 2021 and close on April 17, 2021, giving interested participants 3 days to apply to be whitelisted for the XFai IDO on Ignition Launchpad.

In order to provide a fair participation method while reducing the gas war that often costs participants thousands of dollars solely on gas fee, XFai has partnered with Ignition Launchpad to facilitate the whitelist lottery.

XFai Ignition Launchpad IDO Whitelist Lottery

The XFai Ignition Launchpad IDO whitelist will close on April 17, 2021. In order to be considered in the lottery, participants must:

  1. Hold a minimum of 1000 $PAID tokens
  2. Fill in the entry form by clicking here

All entries will be checked for valid ERC20 wallet addresses, and follow the whitelist guideline set by Ignition Launchpad. Users may not fill in the form multiple times with different email addresses and the same ERC20. The qualifying entries will then enter a random, weighted draw hosted by Ignition Launchpad. More information on how the lottery is conducted can be found on this informative article from Ignition Launchpad. Other questions may be found under the Ignition Launchpad FAQ.

The whitelist winners will be announced by Ignition Launchpad, and the announcement will be carried forward by XFai and pushed out on XFai official Twitter and Telegram announcement channel.

The team at XFai looks forward to welcoming you as the newest $XFIT holders.

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 8th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

About Ignition Launchpad

Ignition Launchpad is a featured product of PAID Network, operating as a decentralized swapping protocol that allows blockchain-based token projects to offer their private and public auctions. The platform features Ethereum, Binance Smart Chain (BSC), and here shortly, Polkadot functionality.

Ignition is different from other auction platforms in that it properly vets and selects only top-tier cutting-edge projects. Its multi-level incentivization mechanisms for participants of published projects will encourage HODLing that supports both the project founders and the community. It isn’t just a trading platform; it FUELs projects and takes fundraising to the next level.

Ignition brings quality projects, fixed swaps, and equitable lottery participation to the PAID community.



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