XFai Secures over 5 Million USD in Liquidity Fund

In preparation for the launch of our LGE, which brings liquidity, high APY returns, and reduces slippage alongside gas fees, XFai is now excited to announce that it has worked with several long-term partners to secure over 5 million USD of liquidity. The initial liquidity fund is to be injected into the LGE and over the course of 6 months to ensure that the early stage of $XFIT token journey is bolstered and protected.

Investing in the Long Term Success

In most traditional TGE (Token Generation Event), as soon as the launch begins, the investors and the project are pegged in an adversarial relationship. The project does not want the price to go down, while the investors want to realize the profit at the highest point. This takes away the opportunity for the investors to become a long-term partner that can support the token’s journey during its most vulnerable stages.

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 15th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

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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