Vendetta Capital, one of the leading investment firms in the blockchain industry, has decided to join forces with XFai through a partnership forged with strategic investment. The partnership is set to drive XFai’s inventive launch mechanism and APY-yield enabling oracle to the wider audience to the wider international community.
Vendetta Capital is composed of industry experts who specialize in blockchain, cryptocurrency, and digital assets portfolio management. It has been a part of the wide success of projects such as Polkastarter, AllianceBlock, Bridge Mutual, and Unido. The venture capital also possesses valuable access to various influencers and key opinion leaders (KOL) that have been proven to be essential in expanding the audience who are keen to be involved in the next innovation in the blockchain space, with key emphasis on DeFi.
Most recently, Vendetta Capital has announced its involvement with XFai. The partnership is set to witness Vendetta Capital’s strategic investment into XFai, enabling a wider, international community to take part in the upcoming XFai Liquidity Generation Event (LGE). Vendetta Capital’s close association with other small to mid-cap tokens will also provide pivotal support in inviting other projects to join XFai’s DLO (DEX Liquidity Oracle) to start farming yields on their own tokens, in one simple process.
Liquidity problem was always a problem on DEXes for low and mid cap projects. Since teams are not able to add deep liquidity, from trader perspective, swapping makes high impact on price and this requires more slippage. On the other hand, from liquidity providers’ point of view, it was not so profitable due to relatively low volumes. It is kind of endless cycle, liquidity brings volume, volume brings liquidity. Low cap projects need liquidity providers to inject liquidity into pools to have a nice liquidity.
The exciting thing with XFai is, it solves the liquidity problem of low and mid cap projects and in this way, adding liquidity with XFai will be more profitable for liquidity providers. The innovative way Xfai handles is also that adding just one token is enough. No more adding liquidity with pairs. This approach will provide much more liquidity to XFai’s DLO. This is going to create more liquidity providers. DLO will encourage people, who have never added liquidity before, to be liquidity providers. An innovative and outstanding idea to improve our current decentralised ecosystem. More liquidity providers, more decentralisation.
Another unique thing with XFai is, XFai’s launch method. No whitelists, no lottery systems. The community will be able to farm for $XFIT before launch. This kind of Public sale is not a usual thing that you can see in the crypto currency space. Another innovative and fair approach by the XFai team.
XFai is bringing us a more efficient way to swap and making us closer to be more decentralised.”
— Vendetta Capital
The team at XFai extend our warmest welcome to Vendetta Capital to join the list of renowned venture capitals that have shown their support for XFai’s mission to make DeFi more transparent, fair, and easy to access for millions of people who are looking for a one-stop solution to streamline their investment and liquidity farming process. The partnership comes at an exciting time, as we are preparing for the launch of the XFai LGE. We look forward to Vendetta Capital’s continued support in XFai’s journey.
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 during the first week of April. We invite everyone to join the DeFi revolution, spearheaded by XFai.
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