Your Staking Questions Answered

User: btchino

I understand that the earlier you stake your XFIT you potentially have a high % of the deep pool. however, I am quite lost after we receive the nft as proof of stake to collect the reward. When selling part of the reward does the value of the nft goes down?

Because I am just thinking how do we sell the reward to make a profit and when restake do we get the same amount of % of the deep pool?

My problem is that I have been farming since day 1, and I haven't made a profit yet. so my logic is to at least break even and invest my gains in the project.

Please advise.

User: Sunlight

How will you invite new investors? How about marketing?

Once the DEX is out, we will focus quite a lot on marketing and on including the DEX on as many aggregators as possible. Note though that we want the DEX to grow organically / sustainably, marketing alone will not be enough. To form network effects, the UX has to be as seamless as possible and the service has to be financially more rewarding than other services for users. We plan to deliver on both Marketing, UX, crypto economics.

User: Dve

If my share is diluted as others join, as one of the earliest stakers, could this result in the value of my share decreasing more from users joining than from the increase from XFAI?

User: Alin

1. So, let me see if I got this right… The nft does not generate rewards in form of XFAI? Does it generate increase in its own value which can then be eventually later passed on (by selling or collatering the nft)? Am I correct? (Like owning a Berkshire Hathaway stock — you get no dividend, but the stock itself might grow up in value)

2. What is then the point of staking XFIT and what are the incentives of doing that?

Shouldn't a speculator want to hold it as its demand is continuously increasing?

3. How sure is the team on the q1 dex launch deadline? I mean we’ve had some postpones before

4. Does the dex need a new audit as well ir has it already been audited?

5. Will the team and advisors be able to stake their xfit tokens before everyone else? (If so, i find no point in staking — i have a good share of xfit, but it’s nothing compared to the millions of xfit tokens the team owns)

6. Would you consider alocating the incentive for staking on daily basis, not order of staking based? I mean, people who stake in day 1 should get the same incentive, people staking in day 2 a lower incentive and so on…

User: Poppachico

So. As for our farming period. We have farmed a certain amount. Let says. 500k XFIT. Which makes is possible for us to put into the staking contract.

After entering the staking contract with 500k XFIT. Equals tbe value of let’s say: 50k USD.

Mathematically. The raising price of XFIT will be gain the amount worth in USD. 500k XFIT x 1 USD a XFIT = ^^

Now comes the questions.

1 — How will this 50k USD / 500k XFIT/XFAI be presented in a liquit NFT.

2 — Will this 50k USD / 500k XFIT/XFAI redeemable in either coins? Or?

3 — Will the staking contract and UI give us an direct view on our %’s in staking? + The value of our initial investment. As for now we all know our 500k XFIT will be worth 2m USD on a price of 4USD per XFIT/XFAI

4 — How come, the wallet addresses who got in the very first day on farming. Who went all the way from day until today. Who struggle’d trough all the doubts and price drops, but kept believing. Won’t get the same % in the SOC as any other adress who came in the very first day? Isn’t it a bit unfair that we as day 1 investors/farmers will have a chance to get bellow in %’s on people who joined just a week ago?

I mean… I know we are eligible for the BNB airdrop… but still.. getting into staking contract for a lifetime, and being here from day one…. Investing into nothing more than an Idea…. IMO… all of the very day one’s should have prio on a same certain %….

Hope these questions makes sense.

User: Al

1.Is there a scenario where the redeemed Liquid NFT will give back less XFAI than the XFIT used to creat the NFT?

2.Will boosting an NFT always reset the vesting period for all previously stacked XFITs or just the added XFIT?

3.If the answer is yes for the above question, will the vesting period always be one year?

4.Is it possible to give options for vesting periods that correspond to the DEX share bought? For example, if someone wants to vest for 6 months. They will get less share of the DEX than if they vest one year.

User: nigelmurden

If the medium article that introduces “burning” there are a lot of references to “xfit”, should this really be “xfai”? eg “2. Whenever a trade is performed, a given amount of XFIT tokens flows out of the given pool, according to the constant product functions.”

Yes, everywhere where we see “XFIT”, it should be “XFAI” now. We will have to write other blog posts that explain the mechanics in more detail.

User: Is_ennS

Is there “interest” (Riba)?

User: Mflaihan

1. Will my share of the dexfai increase or decrease as I accumulate or redeem part of the fees received? I mean if I don’t redeem anything at all will my share of the dex fees increase over time as compared to others who redeem part of their NFT values?

2. How do we redeem part of our NFT value?

3. “because XFAI is paired with every other token on the DEX, money markets have a way of setting a trustless lower bound sale price without the need for external oracles.”

Would appreciate further explanation of this part

4. We know that xfit price is correlated with xfai price, however since xfit is what is required to have an NFT wouldn’t the demand pressure increase xfit price higher than the burn of xfai in the dex?

User: ll_han

Is there a way to incentivize staking without causing a gas war?

User: cryptostuff29

I understand that XFAI will not engage any exchanges for listings and exchanges are free to list any token they wish to. Given that we are a fairly small group and we need exposure, how do you plan to market the XFAI token and its utility? I think it would be great to list on a few good exchanges so that people get to know that we exist and that there is a new type of DEX out there. If we don't market the product we risk having it copied by other dexes and they could potentially take over our advantage by establishing our advantages in a stronger manner

User: @DATbicboi

Could you do an example using a real dollar value from XFIT staked to end of first year?

User: NMSharp

Does XFIT have any utility outside of buying an NFT for staking?

User: Reusable

1- XFORCE members are active every day and will be for months and years to come, some XFORCE members have put in all their savings and would like to see their bag swell …. Is it possible to offer compensation for active XFORCE members, e.g. $XFIT earn lost or other solutions, we can be as powerful as influencers I think.

I propose this idea, as I am a father of 4 children and I would like to make a portfolio for my 4 children with these rewards

2 — I know that I regularly ask for more accessible elements to help an investor understand why to deposit liquidity, there is a person who recently made simulations, it would be necessary to make a persona with scenarios over several years, I know that it is almost impossible, but it will be easier for the XFORCE to explain and make our community grow

3 — Explain, because today I do not understand anything, if after the DEX, what can happen if we want to release XFIT or XFAI, in short explain if an investor can enjoy from time to time his gains without touching his capital.

User: Arnold

We have staking and airdrop. What we have to expect in the future?

User: IxyC

Is there any separate incentive for those who have farmed and supported since day 1? Anyone can buy the airdrop. Will there be an exclusive benefit that is available to/for Early Adopters only?

How will you ensure that early investors benefit and won’t lose out due to dilution from stakers joining down the line?

User: Sophia

When we will have a video AMA with real people and CEO?

User: Reusable

I have often read this question, the first investors of Day 1 will have an airdrop as a reward, it is already extra-ordinary, but not to lose investors of Day 1 we could put a bonus (save this entry date or a multiplier) for investors of Day 1

User: G Fomo

1) Will it be possible to split NFT into various wallets without loosing the underlying early staking rewards. Eg gifting some of the percentage ownership to children

2) Where will the total cumulative value of the SOC be displayed (on the website perhaps) and will this be updating in real time as tokens are swapped?

3) With time, the above total SOC value is bound to overtake the market cap of the entire crypto market combined. What do you think could be the implications of this?

4) Imagine a future scenario where for some unforeseen reasons Dexfai has to be shut down, what will happen to the trillions of dollars in the SOC?

5) Can the 1% staking ownership be changed to a different percentage?

User: Jamie

1) What is my IL measured against? How does the price action of other tokens impact my LP? What are the associated IL risks vs providing a token to the DEX and are they better or worse vs providing paired LP?

2) What are the expected fees I can expect to generate as a LP

3) Is it possible to ever change through an update the % amount that is allocated to the SOC? If not how is it impossible?

4) Are there going to be published test scenarios/functions to work through?

5) Are you going to employ qualified testers?

6) How are you making it clear that “staking” results in token burn of XFIT and you do not get them back or any NFT value until volume is generated by the DEX?

7) Are there any functions or features that are yet to be announced that will be unveiled upon testnet launch?

8) What is the current project launch date of testnet?

9) Presumably there is a dependency to audit the dex prior to testnet is this an external dependency that may cause delays of launch

10) As a LP how are the rewards paid out and are these auto compounding?

11) How many pools of Xfai is there for the bridge pool, is it a single pool or multiple

12) Do you intend of having a lottery function to attract attention to XFai?

13) Can you talk about how swapping LP for LP with no slippage would work and the benefits of this?

14) Do flash mintable tokens count towards the SOC volume?

User: Nigel Murden

(Nigel’s questions are in the form of a diagram which he has provided)

  1. Does anything happen to the XFAI pool during the XFAI -> Eth swap
  2. In reality, is there just 1 XFAI pool, which will contain 59004.01 + 592,592?
  3. Do you do all these same calcs again with ETH?

User: Jonny

Is it possible to stake my Xfit more than one year? 2,3? What happened if it is.

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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