XCrosschain LP Farms Launch
July 1 update – the team announced today they are dissolving the project, due to extremely low (4 figure) TVLs. There appears to be no complaint from the investors.
New tomb fork + node hybrid multi-chain launch on Fantom, Avalanche, Polygon and BSC.
❌ Docs not published at time of review. Information was retrieved from reviewing deployed contracts and confirmed with the team on Discord.
DETAILS
- LP Farms
- Stake LP tokens in the farm to earn $XSHARE rewards, where 60,000 $XSHARE rewards will be distributed on each chain, across the following pools:
- 27,000 – $XROSS / USDC LP pool
- 21,000 – $SHARE / USDC LP pool
- 12,000 – $XROSS / XSHARE LP pool
- 0% deposit and withdrawal fees on LP pools
- $XSHARE rewards will last for 6 months; ending December 27, 2022 10:00:00 PM UTC
- Stake LP tokens in the farm to earn $XSHARE rewards, where 60,000 $XSHARE rewards will be distributed on each chain, across the following pools:
- Tokens
- $XROSS is the algo-stable, pegged to 0.1 USDC on Fantom, Avalanche, Polygon and BSC chains, with an initial supply of 20,050 on each chain; allocated as follows:
- 20,000 – Genesis Pool Rewards
- 50 – Pre-minted for Initial Liquidity
- $XSHARE is the shares token, with a total supply of 70,000 on each chain; allocated as follows:
- 60,000 – Farm & Node Rewards (vested linearly over 6 months)
- 6,000 – Community Fund (vested linearly over 6 months)
- 3,995 – Dev Fund (vested linearly over 6 months)
- 5 – Pre-minted for Initial liquidity
- $XBOND is the bond token
- $XROSS is the algo-stable, pegged to 0.1 USDC on Fantom, Avalanche, Polygon and BSC chains, with an initial supply of 20,050 on each chain; allocated as follows:
- Token ownership renounced for $XROSS and $XSHARE contracts on all chains
Related Posts
- Twitter: https://twitter.com/XrossChain
- Discord: https://discord.com/invite/rZgqGQYQ
- Type of Audit, Review or KYC: RugDoc - High Risk
- Chart: https://dexscreener.com/fantom/0x5DB59F9cE5D832013faF387F609875311e433ABD
- Chart: https://dexscreener.com/fantom/0x5DB59F9cE5D832013faF387F609875311e433ABD
- Audit / Review: https://rugdoc.io/project/xrosschain-finance/
- KYC: https://github.com/Security-Network-pro/KYC/blob/main/XrossChainToken.jpg