2) Being an investor in private rounds means being an important foundational player in the XY Finance DAO. For this reason, we have been very deliberate in selecting our private investors. Only the highest value adds to XY Finance's specific needs have been granted an allocation.
5) XY Finance will use the proceeds to explore more opportunities in #DeFi+#NFT+#GameFi industries. Our mission is to become the best cross-chain aggregator for #DeFi & #Metaverse.
6) So far, we have launched our first cross-chain aggregator X Swap. Also, we're going to launch our self-developed bridge #YPool on Dec 2, 2021, which is expected to significantly decrease cross-chain transaction fees and increase the bridgeswap process.
9) The $XY Token will be the foundation of the DAO. $XY governs over the DAO and represents a piece of the DAO. $XY will enable DAO ownership and participation to every crypto native.
10) XY Tokens are long-term deflationary. Emissions have a hardcap and continue to decrease. A significant portion of protocol fees and the royalty of our sub-GameFi project GalaXY Kats sales goes towards token buyback, and 50% of all repurchased XY tokens will be burnt!
11) Therefore, as XY Finance continues growing, more XY will be burnt, leading to the value of each remaining XY token rising continuously and permanently!
12) We are excited about the next chapter. We'll be releasing more information on a public round in the near future. This will allow anyone that shares our dream, become a part of the DAO, and join our mission-the best cross-chain aggregator for #DeFi & #Metaverse.
1)The Y Pool we've been waiting for is HERE🔥 We’re going to launch our Y Pool on Dec 2, 2021, in this thread, we’ll give a simple introduction to help you guys quickly understand how our powerful Y Pool can provide you with a better swapping experience.
2)The Y-Pool is a pitstop for cross-chain swapping. By contributing to the Y-Pool, users can earn swap fees and $XY gov token rewards (after IDO).
3)When users bridgeswap through app.xy.finance, their tokens will be converted to USDT which enables instant bridging. For example, if a user wants to swap ETH of Ethereum to FTM of Fantom, the whole progress will be ETH-->USDT--->YPool--->fUSDT--->FTM