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Alternate cryptocurrencies / Tokens (Altcoins) / [ANN] COMMUNITY MANAGER
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on: May 10, 2021, 12:19:35 PM
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COMMUNITY MANAGER
We are pleased to announce that @lvsca will become our Community Manager on Xpool Bitcointalk channel. He will be responsible for becoming a bridge between the project and the users and bringing the latest news to the community. We believe that with his experience working on bitcointalk, he will make our community grow stronger. |
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Alternate cryptocurrencies / Tokens (Altcoins) / Partnership Announcement: Xpool and Verichains
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on: May 02, 2021, 08:13:41 AM
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We are thrilled to announce that the consulting partnership between Xpool and Verichain Lab has been officially set up on April 24th, 2021. Verichains is one of the top notch blockchain security teams. With a world-class team with extensive research and development expertise in the areas of security, AI and blockchain technology, they had hands-on experience on auditing various platforms such as Kyber Network, Tomochain, POLARIS, DREP, … Therefore, from the early stage, Xpool team established contract consulting with Verichains team on architech design, Advanced Penetration Testing, DevSecOps and Automation, Smart Contract Audits, Custom Solutions. We believe that having Verichain on board, we own the strength of tip-top security experts to care from architect design to cybersecurity consulting. 🚀 We fly to Mars, they got our back. In addition, due to the scale and significance of Xpool project, we are working with multiple partners to audit smart contracts and will announce our cooperators in the future. Onwards and Upwards! Xpool Website: https://xpool.app/Twitter: https://twitter.com/XpoolofficialTelegram: https://t.me/xpoolofficialTelegram: https://t.me/xpoolofficialgroupMedium: https://medium.com/@Xpool |
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Alternate cryptocurrencies / Bounties (Altcoins) / XPOOL TESTNET AIRDROP CAMPAIGN
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on: April 01, 2021, 11:40:09 AM
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GET REWARD FROM XPOOL AIRDROP CAMPAIGN I. Project and Airdrop campaign informationXpool is an open-source liquidity protocol built on the BSC (also known as Binance Smart Chain), allows users to borrow assets from the platform and adds liquidity to the exchange by depositing assets into Xpool, thereby fostering higher potentials to earn profits from your own assets.Details of Xpool Testnet airdrop campaign- Total XPO reward: Upto 2,100,000 XPO (Up to 2,100,000 XPO (This fund is used for all of Listing/Airdrop campaigns, this Xpool alpha testnet is one of those). Depending on the amount and price of XPO token, the amount of XPO released for each Airdrop will be decided at the end of campaign).
- Airdrop time: March 31st, 2021 to 10:30 PM (GMT+8) on April 04th, 2021
- Reward timeline: 3 days after XPO IDO program, we will check and summarize the result of Xpool alpha testnet. After that, depending on the amount and price of XPO token, the amount of XPO released for Airdrop will be decided. The lucky users who receive reward from the Airdrop campaign will be SELECTED RANDOMLY among those following exactly the testnet instructions below.
- Reward method: We will send the Airdrop reward for you to the BNB wallet address that is connected with Xpool testnet. The testnet wallet address is the same as the mainnet one, so when we release the reward, you only need to switch the network from BSC testnet to BSC.
II. How to join Xpool testnet to get reward from Airdrop campaign1. Steps for preparationStep 1: Open Meta Mask on Google extension and swap your network on Meta Mask to BSC testnet. You can follow our instruction below:- Go to setting page by clicking on profile picture
- In the Settings section, choose [Network] then enter [Add Network].
To connect with BSC testnet, you need to fulfil this form below:The last step is click [Save] to fill in the information above.Besides, you can refer other RPC URL at page: https://docs.binance.org/smart-chain/developer/rpc.html You have now successfully added the BSC Testnet to your Metamask and can switch between Ethereum networks and BSC with a click of the network switch.Step 2: Firstly, you need to have BNB on the Binance Smart Chain testnet network to pay fees for all of the transactions arising on Xpool.To own BNB testnet, please copy your BNB address wallet and send to this link: https://testnet.binance.org/faucet-smart . Then click [Give me BNB], choose [6.25 BNBs].2. Steps for using XPool testnetYou have two ways to participate in Xpool testnet and get reward after the campaign ends. If you complete both 2 ways, you will receive more XPO tokens.Way 1: Test as lenderStep 1: Access to Xpool testnet via: https://testnet.xpool.app/ Step 2: Connect your Meta Mask wallet to Xpool system by clicking [Connect wallet].Step 3: You should choose [Browser Wallet]Step 4: Firstly, you need to faucet stable coins such as USDT, SUSD, USDC, DAI ... to receive free coin to test on Xpool- Click the [Deposit] section then choose the stable coin you want to faucet.
- Next, enter [Faucet], after confirming your transaction in Meta Mask, you are free to claim this stable coin.
Step 5: Now you can deposit your assets to Xpool by inputting the amount you want then click [Approve], then click [Confirm] on your Meta Mask wallet to confirm your transaction.Noted: If this is your first time using this token you'll need to perform two transactions. The first is to approve the Xpool smart contract to withdraw your tokens from your wallet and the second is to perform the actual transaction. Step 6: After confirmation on your Meta Mask, you have successfully deposited the asset to Xpool. You can check your balance at the Dashboard section.Step 7: Wait for 1 day in order to receive interest from Xpool, then withdraw your token and interest from Xpool. - To implement [Withdraw], you need to go to the [Deposit] section in the dashboard and snap on [Withraw].
- Select the amount to withdraw and click [Continue] to process the withdrawal transaction
- You can check your transaction hash at BscScan and manage your new balance in XPool at Dashboard section.
Way 2: Test as a borrowerStep 1 and Step 2: (Same as way 1)Step 3: You can faucet any tokens in Xpool to claim tokens for free.Step 4: Click [Deposit] on the menu bar, choose the asset you want to deposit, then enter the amount you want and click [Approve].After confirming the transaction on the Meta Mask, you wait for a few seconds for the transaction to succeed.Step 5: Click the [Borrow] section on the menu bar.Click on the currency you want to borrow.Please enter the amount you would like to borrow, then click [Continue]. The system will show you the health factor index of the loan.You can choose either [Stable Rate] or [Variable Rate] for your loan, then click [Continue].Click [Borrow] and confirm on your Meta Mask wallet to complete the borrow process.Now you have borrowed successfully.Step 6: To repay your asset, you need to go to the [Borrow] section in the dashboard and snap on [Repay].Please input the amount of borrow asset you want to repay, then click [Continue]The system will show you the statistics about the transaction, please check it carefully and make sure that it is correct, then click [Approve] to confirm your transaction.Click [Repay] to finish your repay process.After confirming the transaction on your Meta Mask, you have repaid your loan successfully. You can check your transaction hash at BscScan.Step 7: The last step is withdraw your assets from Xpool. You need to click [Dashboard] on the menu bar, then in [Deposit information] section, click [Withdraw].Select the amount to withdraw and click [Continue] to process the withdrawal transaction. You can check your transaction hash at BscScan and manage your new balance in XPool at Dashboard section.ConclusionYour transactions arising on Xpool will be saved and stored on Binance smart chain that helps the Xpool team check all of the cases which meet their requirements. Rewards from Xpool Airdrop campaign will be given to those who complete all of the step-by-step testnet introductions. In summary, we hope that with this detailed tutorial you can join this program easily and get more XPOs from the Airdrop reward campaign.Follow to update the latest news:Website: https://xpool.app/Twitter: https://twitter.com/XpoolofficialTelegram channel: https://t.me/xpoolofficialTelegram group: https://t.me/xpoolofficialgroupMedium: https://medium.com/@Xpool |
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Alternate cryptocurrencies / Tokens (Altcoins) / XPOOL - The next best defi on Binance Smart Chain
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on: March 30, 2021, 04:39:43 PM
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XPOOL - The next best defi on Binance Smart Chain I. Introduction 1. What is Xpool?Xpool is an open-source liquidity protocol built on the BSC (also known as Binance Smart Chain), allows users to borrow assets from the platform and adds liquidity to the exchange by depositing assets into Xpool, thereby fostering higher potentials to earn profits from your own assets.
2. FeaturesEach asset on Xpool has its own supply and demand as well as different APY (Annual Percentage Yield) that changes over time. You can find more information about the average annual rate over the past 30 dayUsers who want to borrow any of the supported cryptocurrencies, stablecoins, or digital assets from Xpool must pledge collateral that will be locked on the protocol.Unlike traditional banks, users do not need negotiable terms, have no maturity date, each type of asset will have its own interest rate and change according to the law of supply and demand.Xpool allows users to choose and change between stable and variable interest rates on borrowed assets. Xpool allows certain loans, called “flash loans,” to be instantly issued and settled. These loans require no upfront collateral and happen almost instantly. Flash loans take advantage of a feature of all blockchains, which is that transactions are only finalized when a new bundle of transactions, known as a block, is accepted by the network. 3. Xpool’s competitive advantages - The most reasonable transaction cost in the market
Most DeFi applications involve multiple/multi-level transactions, which might incur a transaction fee at each step. For this reason, blockchain fees are an important factor to consider before choosing a blockchain protocol. Binance Smart Chain and Ethereum are two of the most popular blockchains chosen for DeFi projects. However, when it comes to blockchain fees, Binance Smart Chain is substantially more cost-effective than Ethereum. Thus, X-pool has an outstanding advantage when transaction fees are recognized at the most reasonable level in the market compared to the competitors.- The fastest transaction speed in the market:
Avoiding unnecessary delays and restraints of nonessential execution in transactions is another factor that DeFi developers must consider before choosing a blockchain. Binance Smart Chain, compatible with smart contracts for decentralized applications, is connected to a high throughput Binance Chain to achieve shorter confirmation times and higher transaction processing speed that is programmable. X-pool guarantees a stably high speed for every transaction.Thanks to the outstanding competitive advantages from Xpool, it results in the greater potential from Defi for everyone to have access to the global financial market with the following benefits:- The protocol has no interference
Xpool is an unsupervised and non-interfering platform with a great degree of assurance that money will not be misused and a full control of assets for their users.- Flexible interest rate options
Xpool offers the users attractive interest rate options. Lenders can choose between a steady rate and a variable rate depending on their investment goals.Adopting the essence of Defi, Xpool provides open source lending protocols, which are generally more secure as it undergoes a rigorous community peer review process, assuring all operations and functionality.- High annual interest earnings
Depositors will receive dynamic income with attractive APY providing liquidity to the platform as with monthly bank savings. II. XPool token informationXPO is a token of Xpool. The XPO token is the BEP-20 governance token of the platform and is primarily used for voting in governance decisions, used as collateral and users can earn interest on deposit and get discounts for Xpool services. 1. Token specification- Name: XPO
- Symbol: XPO
- Network: Binance Smart Chain
- Spec: BEP-20
2. Token allocation- Max supply: 210,000,000 XPO
- Airdrop: 1% - 2,100,000 XPO
- IDO 1: 2% - 4,200,000 XPO
- IDO 2: 1% - 2,100,000 XPO
- Liquidity: 0.75% - 1,575,000 XPO
- Farming: 95.25% - 200,025,000 XPO
3. Token uses case- Earning interest on deposit
By depositing XPO to Xpool protocol, users will earn an attractive annual interest as the passive income.Borrowers can use XPO as collateral to borrow assets and have a chance to get a discount on fees or borrow more than usual.- Fee discount for Xpool services
Xpool borrowers do not get charged a fee if they take out loans denominated in the token.Users who hold XPO tokens can vote for potential product upgrades, releases, and parameter fixes.X-pool is one of the next best DeFi projects established in 2021 built on the Binance Smart Chain with the objectives to enhance transparency and create more opportunities for all traders in the market to approach a new form of financial investment. Low transaction costs and fast transaction processing speed will be two core factors in distinguishing and positioning X-pool among numerous competitors in the present days.As well, the launch of the XPO token with an impressive total amount and reasonable liquidity signaled the potential of this project in the near future. Indeed, this is truly a worthy DeFi investment project where you are authorized a complete control. Investing early and smartly in a project like X-pool is something you cannot miss in 2021. |
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