XAR Network

Yield Farming
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- DEXs

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Description

XAR Network started as a private blockchain for corporate and central banks, evolving into a comprehensive DeFi platform. It combines traditional banking with blockchain advantages, using Lachesis and TxFlow protocols for high-speed, scalable transactions. Users can deposit and collateralize digital assets, mint Collateralized Stable Currency Tokens (CSCTs), and earn rewards by staking these tokens. The platform ensures transparent, verifiable, and decentralized transactions, maintaining ownership of the collateralized assets and paying rewards in stable tokens like CSDT.

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FAQ

What is XAR Network and its primary purpose?

XAR Network is a blockchain platform designed to meet corporate and central banks' needs for private, permissioned solutions while integrating decentralized finance (DeFi) functionalities. The platform offers the advantages of traditional banking and DeFi systems and uses a permissionless public chain for high-speed transactions.

How do XAR Network's protocols enhance transaction speed and finality?

XAR Network employs Lachesis and TxFlow protocols from the Fantom Foundation, enabling high responsiveness and near-instant finality of transactions. This protocol combination allows XAR to process over 20,000 transactions per second, ensuring efficient and rapid processing.

What benefits does XAR Network offer for staking?

XAR Network allows users to deposit digital assets, mint Collateralized Stable Currency Tokens (CSCTs), and stake them to earn rewards. Stakers maintain asset ownership while earning stable currency rewards, avoiding inflationary token rewards common in other systems.

How does XAR Network integrate traditional and decentralized finance?

XAR Network bridges traditional banking with decentralized finance by providing both private, permissioned blockchain solutions and a permissionless public chain for DeFi activities. Users benefit from blockchain transparency and decentralized applications while retaining traditional banking functionalities.

What makes XAR Network's transaction validation process transparent and decentralized?

XAR Network's transaction validation is based on its permissionless decentralized public chain, ensuring transparent, verifiable, and fully decentralized transaction confirmation. This process is backed by rigorous protocols for fast and reliable transaction finality.

What distinguishes XAR Network from other DeFi platforms?

XAR Network distinguishes itself with its dual-purpose approach, satisfying corporate and central banks' blockchain needs with private solutions, while also offering a public chain with high-speed DeFi capabilities. Its unique staking rewards system, paying in stable currency rather than inflationary tokens, further differentiates it from other platforms.

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