The cryptocurrency winter is (NOT) here to stay.
If the media is any indication of the current state of the cryptocurrency industry, one would think it is time to “pack up” and find new technology to invest both time and money in. While it is true that the cryptocurrency industry is currently experiencing a so-called “cryptocurrency winter” and there is much literature cited to support this, it is also true that this is neither the first nor the worst. In fact, well supported and funded projects are thriving, and now is the perfect time to develop them further. The team behind
XTRA.FUNDbelieves as much. The platform, which has been fully functional and operational since December 2021, is designed to meet the challenges that have not only plagued the cryptocurrency industry since its inception, but will become even more predominant in the future: making cryptocurrencies safe, secure, and at the same time rewarding enough to make them a viable alternative to traditional investments. XTRA.FUND not only believes it can do this, it is also on a mission to convince the world that it can.
The way to do that is provided by a series of features, including.
With the cryptocurrency industry limited in the type of protection it can offer and the lack of regulation in most parts of the world, it is no wonder that people are still hesitant. some companies offer solutions such as Binance’s SAFU, but users need to have confidence in the company and its need to put their trust in the company and its willingness to honor such measures. The industry has also developed the concept of stablecoins. However, the recent collapse of USTs has shown that nothing is 100% safe. In fact, as Japan recently announced, the government is beginning to make the final decision to back more of these assets to protect its citizens. There is another way. It is the unprecedented XTRA.FUND method.
To create its solution, XTRA.FUND has created its own smart contract, its own token, and its own platform. the mathematicians behind XTRA.FUND have a way to cover a significant portion of the wager against a drop in the price of its token They devised a number of ways to do this. First, a fully automated, self-managed smart contract was developed that is not only so secure that not even XTRA.FUND employees have access to it, but also restores true decentralization to the blockchain industry, something that has been lost in many recent projects. In parallel, the XTRA.FUND token was also rolled out. This is a BEP-20 token, the only one in the world protected by an anti-depreciation mechanism. Using clever tokenomics, the decision was made to immediately put 80% of the total 100 billion tokens into this smart contract, which is now being deployed under the brand XTRA PROTECTION. In order to properly provide this protection, the team finally had to develop its own staking platform with rules that would allow it to offer such functionality.
As a result, when a user stakes an XTRA.FUND token on the XTRA.FUND platform,their initial stake amount is protected. their initial stake amount is protected from a price drop of up to 90% (subject to conditions such as betting period). This is unheard of in traditional as well as decentralized finance.
Now that enough market declines (prices, stocks, etc.) have occurred, it is time to change the subject. XTRA.FUND will also ensure that its users are well rewarded at a time when its XTRA.FUND token prices rise. XTRA.FUND is a price decline challenges as well as innovative ways to reward users during periods of rising prices. The company achieved this by partnering with a network of EU-based B2B lenders. Through this partnership, the profits they generate from their traditional financing activities are seamlessly returned to the XTRA.FUND platform, offering users a competitive ROI. This is how the XTRA LENDING FUND feature was born.
This is not the only clever action. Of course, you also benefit from the price increase of the token itself, but only up to twice the amount of your investment. Anything more than that is automatically returned to the Extra Protection feature and replenished for the next “rainy day.”
Last ingredient, the user.
The ecosystem is intended to be community driven. The company had that vision from day one. When you use the platform, you are automatically registered in the “XTRA.CLUB”. Currently, this serves as the name for many users who have begun to benefit from the product. However, in the future, features like XTRA Launchpad will be rolled out that are only available on XTRA.CLUB. Here, well vetted projects will not only have access to the community, but will also be able to offer a version of XTRA Protection for their tokens.
In summary, XTRA.FUND is more of a protection.
In order to offer this service to the public, we needed a very complex ecosystem, which we had to convert into the intuitive platform you see on the site today. XTRA.FUND rewards users no matter what the market conditions are. We are.
This is just the beginning from the team, which will not only expand the world of XTRA.FUND, but will soon launch other complementary products that will be no less innovative. The team itself continues to expand and external partnerships are also growing. We also aim to play an important role in proving to the world that cryptocurrencies can be a safe long-term investment option, as well as thawing the current winter market.
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