We are excited to announce that XSwap is now launched. This is fair version farms, 100% distribute to the community, with No team shares, No Pre-mine. Governed by the XFI community.
XSwap will be the most important product in the Xfinance ecosystem, that is, the decentralized automated market-making derivatives leveraged exchange. XSwap Staker will get 0.05% transaction fees, liquidity providers get 0.20% transaction fees, 0.05% transaction fee will be used to buyback and burn XSP.
XFI will become the governance token in the Xfinance ecosystem, and it also has deflationary properties. …
Yesterday, after our LID’s certified presale was sold out within a few hours, we added 1800 ETH of liquidity to Uniswap and burned LP tokens.
Today we are very excited to release our first staking dapp, which is a simple staking based on the XFI native token. In the first month, we will use 1050 XFI from ecosystem tokens for rewards. The rewards will be distributed to XFI stakers at random time/random amounts everyday in first month.
In addition, every Stake/Unstake will charge 2.5% fees, this fees will all be distributed to the XFI staker.
Currently we only support Metamask wallet, more wallets will be supported in the future.
Staking dapp links: https://app.xfinance.io
We also have another good news, XFI-ETH UNI-V2 Staking will be launched soon, stay turned!
LID Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock liquidity.
After the presale is completed, 60% of ETH will be permanently locked in Uniswap liquidity, and 15% of ETH will buyback and burn of XFI tokens within 72hrs after the presale to prevent any form of dump thereby reducing supply and increasing demand. …