🚀🚀🚀[ANN][Defi Platform] | XFinance | The Decentralized Finance Revolution

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

Quote from: ?? on ??

This project going on really well, They have burned XFI coin, and continue to burn every month, which is why price increasing day by day. This is really good time to invest in this project. I would say buy 2 XFI and hold few months, It can certainly reach about $10,000 within couple of months.

Hmmmm it looks like the current price didn't support your opinion

https://coinmarketcap.com/currencies/xfinance/

The team has burned the coins but the price of coins was getting dumped back again to the starting price. It's quite difficult to predict what will be the future price for XFI as the product is not yet alive.
I think that it will remain in this position too and you should not put a big expectation for this coin can go like YFI. It may possible but the chance was very small.

bitkanu

hero member

Activity: 2184

Merit: 513

Moonbet.io | Web3 Casino

Quote from: ice18 on October 05, 2020, 07:03:46 AM

Im carefully considering this project looks like starting to build a momentum on defi space possible to be the next xfi or core, good to hold atleast 1 token.

I do agree with it as the price has already increased 5 times from the ROI price and almost 10 times from the dip price. I thought that this pump will be the same as the pump for another defi project that will be dumped again in the future.
Sushi is traded below $1 which mean this pump will not remain forever and we will see another drop may be in the upcoming weeks.
Owned at least 1 XFI is too risky to consider this coin is overpriced right now. People should not put their money into a very high risk.

Bitstar_coin

hero member

Activity: 2478

Merit: 695

SecureShift.io | Crypto-Exchange

Quote from: nira09 on September 13, 2020, 04:23:16 AM

Quote from: Twinkledoe on September 13, 2020, 01:37:40 AM

Another defi project taking advantage of the current hype. We all know that only few of them will survive? Will this be one of them? I don't think so. How can we tell that they do really achieved their hard cap? Do they have eth address saying they collected that much money? Because their contract address has no 3000 eth.

So far this project is still surviving and the token price is still above the Presale price.
It seems that Xfinance has indeed collected 3000 ETH, this can be proven by the pictures posted by Xfinance and its partners LID Protocol

https://twitter.com/xfinance_io/status/1304345506571640832/photo/1
https://twitter.com/LID_Protocol/status/1304350493825593350

lol! your comment sound like the project has been in existence for ages, dah! this a newly launched project and it is expected to do well with the fact that the hype for defi is very high and some investors don't care much about project utility and fundamentals except to make quick money,
the defi trend is hot so i expect it to still be able to sustain price for some time before it evaporate Cheesy

ice18

hero member

Activity: 2492

Merit: 542

Im carefully considering this project looks like starting to build a momentum on defi space possible to be the next xfi or core, good to hold atleast 1 token.

wishxy

full member

Activity: 474

Merit: 101

Hop, and the whole communication here suddenly stopped Lips sealed

sukoyomi

full member

Activity: 948

Merit: 110

Quote from: nira09 on September 15, 2020, 06:45:50 PM

Quote from: didzi on September 14, 2020, 05:15:30 PM

everyone now can see xfinance on coinmarketcap, because today this project listed there
https://coinmarketcap.com/currencies/xfinance

It's true, it's just that the market data for XFI tokens has not been updated, currently XFI tokens are traded on the DigiFinex and Bilaxy exchanges, but CMC has not listed them.
Buyback program and Burn Xfinance token have been successfully implemented. 1228.48 XFI burned!

I think sooner CMC will update their data with the current one, give them time. I still didn't believe what I see, this is so fast. In the short span of time, everything seems to have just been successful. Looks like Defi really have good prospects at this time.

JeffBrad12

hero member

Activity: 2954

Merit: 533

Leading Crypto Sports Betting & Casino Platform

Quote from: nira09 on September 15, 2020, 06:45:50 PM

Buyback program and Burn Xfinance token have been successfully implemented. 1228.48 XFI burned!

Is that true? The burn that already done by the dev gives nothing to the price of coins. I have tried to take a look at the price of XFI in CMC https://coinmarketcap.com/currencies/xfinance/markets/ and look at what happened with the XFI price and it has been getting almost a half of drop on its price. Can someone tell me whether the dev or presale buyers dumping their tokens to the uniswap?

The same pattern with another defi project like YUNO and KIMCHI. It's interesting to see that what will be the impact of the burning the tokens.

nira09

full member

Activity: 1316

Merit: 105

Quote from: didzi on September 14, 2020, 05:15:30 PM

everyone now can see xfinance on coinmarketcap, because today this project listed there
https://coinmarketcap.com/currencies/xfinance

It's true, it's just that the market data for XFI tokens has not been updated, currently XFI tokens are traded on the DigiFinex and Bilaxy exchanges, but CMC has not listed them.
Buyback program and Burn Xfinance token have been successfully implemented. 1228.48 XFI burned!

DanielGrosso

newbie

Activity: 9

Merit: 0

Quote from: gob7i9ne on September 13, 2020, 12:17:25 PM

The main goal of Xfinance is decentralized finance platform that supports multiple DeFi agreements will automatically move positions between agreements to help depositors get the highest financial income.

I think it is more of the same, and people who like to flirt with risk, always evaluate well what dapps are going to link their wallet and their keys, also analyze well the profit that they will have when placing their assets, we must be more diligent
@danielgrossoweb

didzi

sr. member

Activity: 1092

Merit: 250

Hodlers Network

everyone now can see xfinance on coinmarketcap, because today this project listed there
https://coinmarketcap.com/currencies/xfinance

gob7i9ne

newbie

Activity: 23

Merit: 0

The main goal of Xfinance is decentralized finance platform that supports multiple DeFi agreements will automatically move positions between agreements to help depositors get the highest financial income.

nira09

full member

Activity: 1316

Merit: 105

Quote from: Twinkledoe on September 13, 2020, 01:37:40 AM

Another defi project taking advantage of the current hype. We all know that only few of them will survive? Will this be one of them? I don't think so. How can we tell that they do really achieved their hard cap? Do they have eth address saying they collected that much money? Because their contract address has no 3000 eth.

So far this project is still surviving and the token price is still above the Presale price.
It seems that Xfinance has indeed collected 3000 ETH, this can be proven by the pictures posted by Xfinance and its partners LID Protocol

https://twitter.com/xfinance_io/status/1304345506571640832/photo/1
https://twitter.com/LID_Protocol/status/1304350493825593350

Twinkledoe

full member

Activity: 1904

Merit: 138

★Bitvest.io★ Play Plinko or Invest!

Another defi project taking advantage of the current hype. We all know that only few of them will survive? Will this be one of them? I don't think so. How can we tell that they do really achieved their hard cap? Do they have eth address saying they collected that much money? Because their contract address has no 3000 eth.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: TimeTeller on September 11, 2020, 06:55:34 PM

But after reaching this hard cap, what will be the future of this platform?

I guess it will so easy to predict the future of this defi. This defi will actually become another pump and dump scheme that will be used by the speculators. You're right about this project didn't have an actual product to be used before and there was a very suspicious thing about this defi. There was a statement if this defi will have unlimited scalability while how scalable the defi will totally depend on the parent chain.

That sounds weird for me. I mark this one in the gray area.

hereSjohnny

newbie

Activity: 22

Merit: 0

Xfinance release their first staking dapp, which is a simple staking based on the XFI native token. They want to use 1050 XFI from ecosystem tokens for rewards in the first month.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: Mulann2 on September 11, 2020, 03:01:45 PM

People are really hunting for defi project because the return is good when invest in the righ one, achieving hardcap with 7 hours clearly shows investors are hungry for defi, and from what i see the supply is relatively small, the possibility of a high price is real, hopefully investors will be happy with their investment.

Investors are really on the move these days. But after reaching this hard cap, what will be the future of this platform?
As we are saturated with these DeFis, only few of them will survive the competition.
Investors haven't seen the actual product of their investment but hopefully these projects will truly implement what they aimed in the first place.

Mulann2

member

Activity: 686

Merit: 35

People are really hunting for defi project because the return is good when invest in the righ one, achieving hardcap with 7 hours clearly shows investors are hungry for defi, and from what i see the supply is relatively small, the possibility of a high price is real, hopefully investors will be happy with their investment.

Coin-Behind-You

full member

Activity: 602

Merit: 107

Quote from: Arch Crypton Game on September 11, 2020, 11:59:54 AM

Hard Cap was reached within 7 hours

3000 ETH is a good achievement. I hope with this fund this project can develop, maybe the Growth Potential target can be achieved because it seems that there are many enthusiasts for this project, in Xfinance Telegram Group.

Arch Crypton Game

copper member

Activity: 49

Merit: 0

Hard Cap was reached within 7 hours

nicko122

jr. member

Activity: 462

Merit: 1

Xfinance is a decentralized finance (DeFi) yield aggregator platform, which aims to build an aggregate liquidity pool and a leveraged trading platform.

Arch Crypton Game

copper member

Activity: 49

Merit: 0

The DeFi Trading Platform Xfinance

We will build a
decentralized finance (defi) yield aggregator platform . XFI is the equity token
of the Xfinance platform, The withdrawal fees in the XFinance DeFi aggregator platform
will be directly used to buyback XFI and burn.

Xfinance is a DeFi platform whose goal is to build an aggregated liquidity pool,
automatic market-making, leveraged trading platform, and other functional platforms.

It makes use of XFI, which is an equity token. Users can acquire the XFI token by providing
liquidity to the platform’s aggregate liquidity pool. Withdrawal fees in the Xfinance platform
are directly used to buy back and burn XFI.

1) Decentralization: Xfinance qualifies as a DeFi due to the decentralization functions it
offers. Through the lending agreement on the Ethereum blockchain data transparency, it can
offer these functions. Xfinance offers a decentralized wallet, among other features.

2) Liquidity mining: Miners can run open-source software on their computers and use their scarce
resources through this. A collective pool of participants works towards providing liquidity for the
XFI token. They are paid XFI rewards, whether lender or depositor, according to transparent,
algorithmically defined rules.

3) Accessible to all: Xfinance is available to all people due to ease of use. Its features are simple but
functional to allow even those without experience to access and use it.

The benefits of the Xfinance platform are:

1) Support more currencies
2) Allow to use more profitable pools but perhaps more risky
3) Unique liquidity mining rewards
4) Dynamically switch lending platforms to obtain the highest yield

XFI ILO presale sceduled for Sep 10th 9:00pm (UTC-7) on LID Protocol Dapp.
Click to details
XFI Contract address:0x5befbb272290dd5b8521d4a938f6c4757742c430

Start : 2020.9.10 9:00pm (UTC-7)

Quantity : Total:50,000

Presale: 15,000(30%)

Price : 1ETH=4.8387XFI

Hardcap/Softcap - 3000ETH/1000ETH

Acceptable currency : ETH

Bonus
0-500ETH 10%
500-1000ETH 5%
1000-2000ETH 2.5%
2000-3000ETH 0%

Minimum investment amount/Maximum
0.1ETH / 50ETH

Refferal reward
2.5%ETH

Allow anyone with a smartphone and internet connection to participate in the global Defi market

Xfinance APP will significantly improve the interoperability between decentralized
wallets and defi, and reduce the difficulty of operation.Make it easy for beginners to use Defi

Intuitive yield data curve
Secure decentralized wallet
Unlimited scalability
Efficient Defi aggregator

I'm just a thread creator If you have any problem regarding this project kindly contact @nowex666

Topic: 🚀🚀🚀[ANN][Defi Platform] | XFinance | The Decentralized Finance Revolution (Read 472 times)