New DeFi Project Xfinance(XFI) ILO Presale Will Start Today

As the cryptocurrency world is experiencing rapid growth, decentralized finance (DeFi) platforms are also rising. In early 2019, there were only $275M of crypto collateral in the DeFi economy than the current $5 Billion+; this represents the massive adoption of this platform.

XFI Presale

Xfinance announced earlier that they would cooperate with LID Protocol to launch the XFI ILO presale. The presale is going to be launched on the LID presale dApp on September 10th 9pm(UTC-7).

Liquidity Dividends Protocol (LID) advances the development of divided bearing Proof of Locked Liquidity tokens. It hence can solve the issue of Uniswap exit scamming.

After the stipulated presale, 60% of ETH will be locked in the Uniswap liquidity permanently. Within 72 hours after the presale, 15% of ETH will buyback and burn XFI tokens, preventing any form of dump, thus reducing supply and increasing the demand.

Website: https://xfinance.io

Presale links: https://xfi.lid.sh

Presale steps:

Go to the XFI presale links, then connect the Metamask or other wallet, get your ETH ready, and then click “deposit” button after the presale start.

If you use mobile, you can search xfi.lid.sh in mobile wallet app (such as Trustwallet, imtoken) DAPP browsers , and go to the page to connect your wallet.

More details: https://link.medium.com/Z9McoOWDq9

XFI presale details

Total supply: 50,000 XFI

Presale: 15,000 XFI (30%)

Presale Base price: 1 ETH = 4.8387 XFI

Hard cap/Soft cap: 3000ETH/1000ETH

Bonus: According to the presale progress

0–500 ETH 10% bonus;

500–1000 ETH 5% bonus;

1000–2000 ETH 2.5% bonus;

2000–3000 ETH 0% bonus

Uniswap Initial liquidity

ETH 1800

XFI 7000

Uniswap Initial Price: 1ETH =3.889 XFI

What is Xfinance

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.

Community

twitter:https://twitter.com/xfinance_io

telegram:https://t.me/nowex_io

This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The post New DeFi Project Xfinance(XFI) ILO Presale Will Start Today appeared first on Bitcoin News.