Thread by @eli5_defi

1/ What is LandX ($LNDX)? How does it work? How does it bring sustainable yields, and how does it overall increase financial inclusivity? Today’s #visualguide, in collaboration with @landxfinance, will answer all the above questions.

#DeFi #RealYield #RealFi #Agriculture

2/ You’re probably not that familiar with the problems of traditional farmland financing. The difficulty and opaqueness of the process hinders the farmer’s maximum productivity.

3/ @landxfinance involves three main actors: (1) investors, (2) validators and (3) farmers/landowners. Validators act as a bridge between (1) and (3), investors are those who seek exposure to yield-bearing commodities.

4/ The perpetual #commodity vault. As long as you keep your xTokens staked, you will receive yield on it. Perpetually.

5/ Holding 1 xToken would #yield you 1kg of the underlying commodity (1 cToken) within a year. When you redeem your cTokens, it automatically gets converted into $USDC. The yield is there, from the #crop, secured via a lien.

6/ The $LNDX token. It acts as a governance and revenue-sharing token.

7/ Upon agreement, farmers receive a tokenized version (#NFT) of their lien. This NFT can be redeemed into xTokens (equivalent to annual #yield amount), vice versa. Farmers receive a salable #token (capital) within a few steps.

8/ Validators are the key bridge between the #crypto-realm and the real-world. They assist in the whole bridging process: sourcing, vetting, originations, etc.

9/ As a yield-bearing asset that happens to be inflation-hedging, holding xTokens’ #yield would increase upside whilst protecting downside, an asymmetrical bet.

10/ Here’s how the whole picture ties in.

11/ They’re en route to releasing their own stablecoin, xUSD. It would be collateralized by xBasket (index of supported commodities) with a $USDC reserve. The yield-bearing nature of xBasket enables #revenue-sharing and strengthens the collateral ratio.

12/ References

13/ Tagged fellow #RealYield #DeFi Farmers:
@NickDrakon
@blocmatesdotcom
@DAdvisoor
@ViktorDefi
@cyrilXBT
@crypto_linn
@crypthoem
@kindahangry
@0xWalker00
@DeFi_Dad
@TokenBrice
@DaoChemist
@Abrahamchase09
@takegreenpill

14/ Also tagged amazing #DeFi educator account
@byChadManDan
@blocmatesdotcom
@archipelabro
@apolynya
@SalomonCrypto
@shivsakhuja
@mimiLFG
@ManoppoMarco
@Dynamo_Patrick
@rektdiomedes
@knowerofmarkets
@MeetWawa
@CryptoDragonite
@BarryFried1
@The_ReadingApe
@VirtualKenji

@byChadManDan @blocmatesdotcom @archipelabro @apolynya @SalomonCrypto @shivsakhuja @mimiLFG @ManoppoMarco @Dynamo_Patrick @rektdiomedes @knowerofmarkets @MeetWawa @CryptoDragonite @BarryFried1 @The_ReadingApe @VirtualKenji If you love our thread please like, retweet and turn on the notifications. Thank you and see you in the next #visualguide!