Kyros Ventures Invests in XFai’s DeFi Vision
Kyros Ventures, one of the most influential cryptocurrency investment firms in Vietnam, announced its strategic investment into XFai, a DeFi platform that aims to challenge the current norm of how tokens are offered to the public, allowing for a fairer, easier, and more transparent way for investors to get on board and benefit through a one-step liquidity mining process. The Vietnamese venture capital is set to unlock the bustling Vietnamese cryptocurrency market for XFai, inviting a wider community to take part in the upcoming XFai LGE (Liquidity Generation Event).
XFai provides a fundamentally revolutionary idea for investors to get involved in DeFi. The XFai LGE is set to become a new standard within the DeFi space on how to offer project tokens to the public, leveraging the power of public participation to avoid competing amongst themselves, but rather to work in harmony in support of the project. Moreover, XFai’s DLO (DEX Liquidity Oracle) charts the order book and the liquidity depth on a centralized exchange to adjust the liquidity on a DEX such as Uniswap, creating an efficient environment for traders to participate in the market with minimum slippage.
Kyros Ventures’ latest involvement in XFai represents the participation of more than one hundred thousand cryptocurrency investors in the Vietnamese market and the wider community. Kyros Ventures comes with long-running experience in blockchain and marketing, with substantially successful portfolio projects such as Polkastarter, My Neighbor Alice, Serum, and FTX. XFai is Kyros Ventures’ newest involvement in its continued venture in cutting-edge innovations within the DeFi space.
“Decentralized exchanges, the backbone for the DeFi industry, have reached the tipping point with 30-day volume at its ATH of $65B recently. The field continues to grow at its fastest pace despite liquidity inefficiency that hinders smaller tokens from merging with the rest of the DeFi ecosystem. By providing a revolutionary liquidity management tool, a unified seamless experience for end-users, and by solving the liquidity inefficiencies presenting hindrances to smaller tokens merging with the DeFi ecosystem, XFai’s DEX liquidity oracle reshapes all aspects of the decentralized trading space. Kyros strongly believes that XFai will go beyond the frontier of DeFi to pioneer in the future of finance.”
— Zane, CEO of Kyros Ventures
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 during the first week of April. We invite everyone to join the DeFi revolution, spearheaded by XFai.