Description
XFai is a decentralized finance (DeFi) project launched in 2021, dedicated to addressing liquidity inefficiencies in decentralized exchanges (DEXs) on the Ethereum platform. The key innovation, the DEX Liquidity Oracle (DLO), empowers small cap token holders to provide liquidity and earn returns, thereby enhancing the utility and appeal of these tokens in the DeFi space. The native token of XFai, XFIT, plays a pivotal role in this automated market maker system despite currently having a supply of zero and stagnant trading volume, although it is available across seven markets. XFai's efforts aim to make small cap tokens more attractive to investors and support their growth within the DeFi ecosystem.
XFai is a decentralized finance (DeFi) project launched in 2021, dedicated to addressing liquidity inefficiencies in decentralized exchanges (DEXs) on the Ethereum platform. The key innovation, the DEX Liquidity Oracle (DLO), empowers small cap token holders to provide liquidity and earn returns, thereby enhancing the utility and appeal of these tokens in the DeFi space. The native token of XFai, XFIT, plays a pivotal role in this automated market maker system despite currently having a supply of zero and stagnant trading volume, although it is available across seven markets. XFai's efforts aim to make small cap tokens more attractive to investors and support their growth within the DeFi ecosystem.