XFai October Update: Sneak Peek

XFai
2 min readOct 27, 2021

As Halloween is approaching, we want to reassure you that we’re still very much alive! We are now back to business as usual — here are some updates on product and development for you.

Product Update

  • We are coding and designing the front page of the new website to include new functions, notably a new Liquidity function in addition to the existing Swap and Farm. Once we’re happy that the layout is perfect, we’ll be able to give you a sneak preview of our DEX — and how it will be different from other DEX in the market.

Development Update

  • As for updates in terms of smart contracts, we are exploring and coding DeFi functions such as leverage trading to our platform.
  • We want to be the ideal DEX, provide liquidity for projects, and provide different opportunities for all investors with their tokens in a decentralized and user-friendly way. We believe that users should have more power in terms of having more opportunities because they support the project more than anyone.
  • We are currently modifying the “way” liquidity pools and LP tokens work within the core contract.
  • We are actively hiring more developers to further deliver the product that we dreamed of. We are very excited to have them on board and work with them to fully realize our product faster and better

We’re experiencing exciting times as Bitcoin ETF signals a different view for digital assets. We’re excited to be bringing you a new type of DEX, where you can make the best decisions with your investments.

About XFai

XFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DEX 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, was launched on 16th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

Reach XFai

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