We would like to introduce the first distribution of Xpool Incentive program. Within 60days, starting from July 12th, 2021, whenever users complete a transaction for lending or borrowing any target tokens on Xpool protocol, they will reward XPO calculated in daily as a formula and a table below:
We are pleased to announce that our new feature called Incentive Module is officially released on Xpool. This incentive module expects to optimize for the long term growth of Xpool, especially bring more benefits to our community — which is the core of Xpool’s development as it is today, and to express our growth strategy in providing a reputable DeFi platform for Crypto — related borrowing and lending activities in the near future.
We believe that this Incentive module can accomplish the following targets:
This function will drive lending and borrowing activity…
Xpool is pleased to be on the prelist platform of MXC exchange. To be officially traded on the Innovation Zone, Xpool must win the Deposit PK Contest.
To be more specific, this contest was organized by MXC to enable more users to trade the projects they support. The rule is that users would deposit AIOZ, XPO, PSWAP, KYL, DPET or ROSN to MXC during the assessment period (17:00, June 11–17:00, June 14 (UTC+7). The project with deposit persons over 800 users first can be listed on MXC once the technical connection completes.
To encourage users…
To participate in the liquidation ecosystem, you do not need to own profound technical knowledge. At Xpool, we let you easily join this market with a clean, clear and user-friendly interface.
Here is the step-by-step introduction for Liquidation market function:
Step 1: Access to our official website at https://xpool.app/
Step 2: On menu bar, choose Liquidation Market section
Xpool will show you the statistics and information as below:
Step 3: Select one of the debts on the…
A liquidation process occurs when a borrower’s health factor goes below 1 due to their collateral value not properly covering their loan/debt value. This might happen when the collateral decreases in value or the borrowed debt increases in value against each other. This collateral vs loan value ratio is shown in the health factor*.
* The health factor is the numeric representation of the safety of your deposited assets against the borrowed assets and its underlying value. The higher the value is, the safer the state of your funds are against a liquidation scenario. …
Safety and security are two elements that constantly go hand in hand within the Cryptocurrency’s field as it relates to the assets and credibility of many parties. Especially for decentralized platforms, these factors become crucial when the platforms are majorly responsible for ensuring users’ assets safety as the top priority in their mission and vision.
Since all investors merely want to look for the prestige and quality platforms and so on to create the “win-win” relationship as well as the transparent market. Thus, it requires plenty of effort to design and establish a well-stabilized platform with high security of information…
We are delighted to announce that Xpool is on the prelist platform of MXC exchange and willing to be listed soon!
To be listed officially on MXC, we need the Xpool community’s strong support right now! When the number of users who deposit XPO to MXC exchange reaches more than 800 people will Xpool be listed on MXC.
Time for deposit lasts for 4 days, from 10:00 UTC June 11, 2021 to 10:00 UTC June 14, 2021.
Moreover, when registering for the MXC exchange and depositing at least 100 XPO, you will receive 100 XPO from the Airdrop Campaign.
We have had a very exciting week here at Xpool with some main events as following:
Hosting AMA with Twinci
Xpool and Twinci had cross- marketing, so we conducted AMAs on both telegrams with the aim of spreading projects to each community. After joining AMA in Twinci group as the guest on May 19th, 2021, we hosted AMA and invited Twinci representative- Miss April (P.R.Manager) to the Xpool group.
During the AMA process, nearly 800 members joined our group and more than 2000 questions were given to Twinci in the Live Q&A segment! …
Thanks to enthusiastic support from the XPool community, we have reached many milestones from launching IDO to now on.
We highly appreciate your effort and want to send thanks to all our users that have believed and accompanied us through the toughest time.
As we announced in the last post on Twitter, those first addresses depositing to Xpool will get a big surprise! And nearly ⅔ month after launching mainnet, we have scanned all of wallet addresses that deployed their assets to protocol; then the final result (after filter) is 160 addresses.
As our promise, those addresses will receive our special present- 50 $XPO!
You can claim your reward by accessing: https://xpool.app/airdrop
Enter your address, then if it is on our eligible list, you can claim XPO!
NOTE: Time for claiming $XPO lasts to 23:59:59 UTC on June 7th, 2021.
As we mentioned before, No lock pool is officially released. Now you can enjoy harvesting XPO without locking any part of the reward.
All pools for no lock reward are opened for 180 days, so please take your chance to earn more $XPO.
Below is the reward for XPO staker that will be distributed per second on Nolock pools