Press Release
Press Release XSwap is a name that has received considerable attention recently for compelling reasons. would be best defined as. the XSwap protocol, an agricultural reward token. In addition, it serves as the native token for theirsubproject. XSwap Launchpad
All you need to know
Launchpad offers a wide range of services including project token generation, presale funding, token and liquidity locking, and multi-submission tokens. It provides a comprehensive solution for projects seeking The Team shall add additional features to the Launchpad as it deems appropriate in the future. These changes will depend on what the team believes will be beneficial to both XSwap and the end user.
XTT tokens can be staked to help users earn more XTT. There is no minimum or maximum limit, so users are free to stake any amount they wish. In addition, newly launched projects that use the Launchpad can also use the staking platform, and each community can earn project token staking rewards by staking XTT.
When users provide liquidity to XSwap’s DEX, they are awarded a liquidity pool (LP) token (XSP2) and rewarded for providing liquidity. This LP token can also be staked, allowing users to be rewarded with XTT. Additionally, XTTs are minted by the main contract, are scarce, and are fixed. The minted XTT is distributed in various proportions, taking into account its multiplier in all farming pools. Thus, all LP providers share in the total rewards of their pools.
XDC Launchpad
XDC Launchpad is the first fully distributed Launchpad for the XDC network. and ultimately led to the formation of the XSwap AMM DEX. To better meet the needs of various startup projects and to further the goal of expanding the XDC network, XSwap created the Launchpad. This is to allow future projects that wish to build in the network to generate funds for their business operations.
Investors can access an early-stage token sale at a much lower cost before these tokens are publicly announced to the market. In a nutshell, a “win-win situation” is created for project developers and cryptocurrency investors.
With the increased presence and reach of XSwap Protocol and the launchpad, many DeFi projects will receive much needed exposure and as a result, more people will know about their projects. In addition, these projects will gain significant traction and increase participation from the community and other potential markets. In addition to gaining a much wider reach throughout the DeFi ecosystem, the tokens of the projects will be seamlessly integrated into cryptocurrency exchanges.
Important Information about XTT
Apart from the fact that the official name is XSwap Treasure Token and the ticker is XTT (18 decimal places), the total supply is infinite and contract address is also publicly available. With only one presale round, the goal of reaching 1,000,000 tokens has been met.
The minimum amount required to invest was 4,000 XDC and the maximum was 400,000 XDC; XSwap offered a 10% bonus to those who bought-in up to 400,000 XDC one time. It should also be noted that 60,000,000 XTT were dropped over the air to XSP holders at a rate of 1 XTT for every 100 XSP. During the pre-sale phase, the casting rate was determined by how many XTTs were sold, which fell within a certain range.
About XSwap
XSwap is the AMM DEX for XRC20 tokens built in the XDC network. It essentially allows all customers to swap and earn within a secure pool; the DEX’s native cryptocurrency, XSP, is used throughout the blockchain and has specific utilities such as farming, voting, staking, and payment capabilities.
Additionally, XSP tokens are already integrated into Fireblocks and users should expect XTT to be integrated soon. In the past, XSwap Protocol successfully launched AMM DEX on the XDC network, and with the launch of XTT, XSwap will soon have access to its pharming platform. Additionally, XTT will be used as the launch pad’s native token and as the primary pharming reward token. Future goals will focus on launching the XSwap wallet and payment gateway.
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