XFai Weekly Update — #1

XFai
3 min readAug 11, 2021

Good day, XFORCE (XFai Community — name can change)!!

As XFai continues to move at full speed in its mission to transform DeFi, we are here to share our 1st weekly update.

XFai connecting with other projects

Partnerships and Collaborations

  • Expansion in Asia

We recently expanded to Asia as we see the huge potential with the amount of users they have. Currently, we are targeting a massive user base in Korea and China.

  • Partnerships are on the way

In line with the expansion, we have several projects lined up and continue to reach out to more. This week we will announce our latest partnership and will continue to secure and announce more along the way. We are strategically targeting quality projects that can equally benefit both parties.

If you would like to see us partner with a certain project, feel free to contact us to make recommendations.

DEX Development Update

Our DEX development is going smoothly. We have been developing hard as it is a one-of-a-kind product where small/mid cap tokens can benefit not only in terms of their liquidity but also in terms of sustainability. Moreover, for the past few months, XFai has been focusing on the fundamentals even more as we hear of several unfortunate events in the DeFi space.

We are using this opportunity to review our product to the micro-level and to ensure that we are scrutinizing the code for any flaws.

We are at a halfway point with our DEX development and we are starting to design the UI/UX for our users. Bad UI/UX means a bad user experience. We will carefully design and implement a UI/UX suitable for ALL users.

AMA & FAQ Events

We received multiple requests for internal AMAs. With further discussion for the how and the when we will schedule a time that suits all community members.

Stay tuned for even more exciting developments and updates!

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