XDEFI is, and always will be, free to use with third-party websites such as Uniswap and OpenSea.XDEFI users also have the ability to seamlessly swap and bridge within XDEFI wallet and via the XDEFI Web app. Users are able to swap and bridge 10,000+ assets from 14 blockchains (Ethereum, Avalanche, Fantom, Arbitrum, BNB Beacon Chain, BNB Smart Chain (BSC), Polygon, Bitcoin, Litecoin, Bitcoin Cash, THORChain, Dogecoin, Solana and Aurora) within XDEFI Wallet and via the XDEFI Web app. (“XDEFI Swaps”).XDEFI Swaps are powered by third parties, including: THORChain, 1inch, ParaSwap, OpenOcean, Multichain, Socket, Jupiter, THORChain DEX aggregator and Wormhole.XDEFI does not charge a fee on XDEFI Swaps where the transaction’s total value is less than US$300. For transactions with a total value that is equal to or greater than US$300, XDEFI charges a competitive 0.3% to 0.5% fee on all XDEFI Swaps. This is currently > 40% cheaper than MetaMask and Phantom and even cheaper than the entry-level taker fee on Coinbase.75% of all fees generated by XDEFI Swaps will be used to buy $XDEFI tokens on the open market.Our third-party market maker plans to purchase the $XDEFI tokens using a 1-hour TWAP (time-weighted average price) every 7-10 days.XDEFI is working on a dashboard to display swap volume, fees generated, and $XDEFI tokens purchased.All $XDEFI tokens purchased will be distributed to $XDEFI stakers.The remaining 25% of all fees generated by XDEFI Swaps will be used for the continued development and governance of XDEFI.Staking FAQWhen you stake $XDEFI you are swapping it for a claim on the overall staking pool. As more people enter the staking pool, and as more $XDEFI rewards are added to the pool, the relative value of each claim changes. The amount of $XDEFI tokens you can withdraw will always be greater than or equal to the amount you deposited. You will not lose any $XDEFI tokens by staking them. The USD value of $XDEFI will change over time, so the overall USD value of your tokens might be more or less compared to when you staked. Notes: When you stake $XDEFI tokens you will always be entitled to remove those tokens (plus any rewards you have already earned) at any time.So you will always be able to withdraw at least the same number of $XDEFI tokens as you staked.The USD value of your staked $XDEFI will of course vary and fluctuate according to market conditions.There will be gas fees to pay when you stake and unstake (and withdraw) $XDEFI (for both the old and new staking contracts).XDEFI wallet A chain agnostic wallet. Store, receive and send all your digital assets irrespective of their native chain.visit : https://ift.tt/E93eNIo via /r/CryptocurrencyICO https://ift.tt/xtYOg56
Social Media Icons