X DeFi function introduction
Cross-chain agreement
X DeFi is the liquidity infrastructure of decentralized finance. X DeFi aggregates liquidity from various sources into a pool to provide the best interest rate for recipients such as DApps, Wallet, DEX and end users.
Balance mechanism
The protocol in X DeFi is based on the Balance protocol on Tezos, which is used to establish a fund pool based on changes in the supply and demand of assets and calculate the interest rate by algorithm. The supplier and borrower of the asset interact directly with the agreement to earn or pay interest rates.
Decentralization
The product of X DeFi blockchain technology is a distributed financial and asset management platform. It uses a decentralized network to convert traditional financial products into distributed finance that can run without intermediaries, and a financial platform where all values flow completely freely. .
Background strength
X DeFi is an ecological project jointly funded by members of the official core technical team of Tezos and 13 institutions including the Tezos Foundation, DRAPER, and cyberfund. It has strong funding and continuous innovation in technological research and development capabilities.
Software highlights
X DeFi will become the world's largest DeFi ecological community, used by tens of millions of blockchain practitioners.
X DeFi creates a tokenized financial world in which all value can flow freely. By solving difficult challenges, making our technology intuitive, flexible and accessible to everyone, we are developing an ecosystem of businesses and projects.
Establish DeFi infrastructure and exchange all assets on this basis.
Anyone in the world can use X DeFi to serve a wide range of markets, from game projects to financial instruments to assets that never existed before.
What are the benefits of liquid mining?
The benefits of liquid mining include governance tokens, transaction fees, etc. Liquidity mining can obtain passive income simply by depositing tokens, but if you want to obtain higher returns, it needs to be managed. The rate of return between different protocols is different, even between the same protocol and different currency markets or token pools. There are also big differences in earnings.
The income of liquidity mining depends on many factors. Since the amount of tokens issued in each time period (daily or weekly) is basically fixed, the income mainly depends on the price of reward tokens and the weight of liquidity itself (impact factor Decision) and the proportion of total liquidity.