Bitcoin Forum

                                                                                                     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





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

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

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.

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.

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.

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.

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://pbs.twimg.com/media/Ehn3S0oUcAEDXhH?format=jpg&name=medium

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

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.

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

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

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!

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.

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.

Hop, and the whole communication here suddenly stopped  :-X

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.   

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 :D

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.

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.