DeFi is a great way of earning more cryptocurrency, but most DeFi protocols are limited to the top cryptocurrencies. XFai is a DeFi protocol that bridges the gap between CeFi and DeFi and allows holders of small cap altcoins to participate in DeFi through its unique DLO (Decentralized Liquidity Oracle).

#DeFi #altcoin #XFIT #interest #passiveincome #bitcoin​ #ethereum​ #VeChain​​​​​ #theta​​​​​​​​​​​ #AIOZ​ #harmony​​​​​​​​ #one​​​​​​​​ #altcoins​​​​​​​ #eth​​​​ #scaling​​​​​​​​​​​​ #Chainlink​​​​​​​​ #LINK​​​​​​​​​​​​​​​​​​​​​​​ #btc​​​​​​​​​​​​​​​​​​​​​​ #altcoin​​​​​​​​​​​​​​​​ #investing​​​​​​​​​​​​​​​​​​​​​​​​ #cryptocurrency​​​​​​​​​​​​​​​​​​​​​​​​​​​ #crypto​​​​​​​​​​​​ #invest​​​​​​​​​​​​​​​​​​​​​​​​ #binance​​​​​​​​​​​​​​​​​​​​​​​​ ​​#news​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ #success​​​​​​​​​​​​​​​​​​​​​​​​ #finance​​​​​​​​​​​​​​​​​​​​​​​​ #entrepreneur​​​​​​​​​​​​​​​​​​​​​​​​ #business​​​​​​​​​​​​​​​​​​​​​​​​ #market​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​ ​​​​​​​​​​​​​​​​​​​​#staking​​​​​​​​​​​​ #NFT​​​​​​​​​​​ #NFTs​​​​​​​​​​​ #grayscale​​​​​​ #gemini​​​​​​​ #Cardano​​​​​​ #CRO​​​​​​ #Elrond​​​​​​ #CNBC​​​ #Elon​​​ #Musk​​​ #Tesla​​​​

https://farm.xfai.com/

Timestamps
00:00 Introduction
01:00 Small Cap Coins vs DeFi
03:37 Advantages of XFai
07:30 Depositing Liquidity
09:52 Removing Liquidity
14:09 Tokenomics

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Disclaimer:
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the content creators/reviewers and their risk tolerance may be different than yours. Altcoin Buzz is not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.
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References
https://farm.xfai.com/
https://www.coingecko.com/en
https://www.coingecko.com/en
https://paidnetwork.medium.com/xfai-will-launch-its-ido-on-ignition-c13d90c2c7d

source

18 replies
  1. Eleanor Rigby
    Eleanor Rigby says:

    The purpose of entering the farm with just one token (USDT here) and getting two tokens (USDT & XFIT) upon unstaking is to make farming a one-step process, simpler and gas-saving. Agree they should make it clearer upfront, but quite neat to not have to go and buy your XFIT first, pair them in a liquidity pool to get LP tokens which you then have to stake. It also saves you from having to convert back the LP tokens when unstaking.
    Turning impermanent loss into gains would be another huge value brought by this project. Complex task that hasn't been tackled successfully yet, but they have it broken down in their white paper.

    Reply
  2. Levi West
    Levi West says:

    thanks for this video! I didn't realize that you only got the XFIT tokens after unstaking, not while farming. I'm planning on buying tokens before the ICO on April 29th. should be a good run-up after the ICO I hope

    Reply
  3. H. Luis Garcia
    H. Luis Garcia says:

    Horrific APY . I could vomit a list of farms that beats this. New farms have to compete especially when liquidity is low. That’s why new farms pop up offering 500% over more. Hell, raydium started at 1100% and is still over 500%. Now

    Reply
  4. Jean Newby
    Jean Newby says:

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    Reply

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