XX Platform is a system that combines a multifunctional cabinet with investment elements with a set of analytical
tools and access to dozens of traders and trading robots.
Being developed in close cooperation and consultation with professional traders and investors, the platform provides maximum
functionality while maintaining a simple and user-friendly interface.
XX Platform is not just another investment platform. This is an attempt to reimagine the concept of classic hedge funds,
implementing it in the form of an automated investment trading platform.
The goal of the XX Platform team is: to make investment instruments available to everyone anywhere in the world.
Launching any fintech startup requires resources: time and money. We understand that the independent
development of the XX Platform will take many years till its release. That is why our team decided to raise funds from
private investors. In order not to contradict with our concept of decentralization and libertarianism, we turned down
proposals from large investment funds in favor of attracting funds from private investors.
The team has decided to issue their own cryptocurrency – the XX Platform token (stock ticker: XXP).
The formation system of the XXP token pricing policy is based on its use within the XX Platform
as a native token. It is the XXP token that allows to create proper microeconomics inside the platform and ensure the
ease and convenience of interaction for all system users.
The main objective of the XXP token is the functioning of a virtual accounting unit (equivalent to records in accounting
books) to ensure the accounting of funds placed by investors in trust with traders.
Moreover, the XXP token provides its holders with the opportunity to receive a reward for helping to finance the platform
development in the form of a staking interest rate.
In the future, the XXP token will also be used for investments in partnership funds and various investment products of
the XX Platform ecosystem.
Holders of the XXP token will receive priority for investment, as well as special conditions and discounts, which will make
investments with the XXP token more profitable, thereby providing it with natural liquidity.
The team plans to develop and launch several in-house IT services, which will form the basis
of the XX Platform digital product ecosystem:
The phased development and launch of the above services are planned for the period of 2021-2022.
More information about the terms and stages of development can be found in the Roadmap.
The platform provides for the possibility of receiving rewards in the form of an interest rate from staking.
Staking is a synonym for the phrase “money makes money,” when your XXP tokens literally participate in the generation
of new tokens, thereby increasing their number in your wallet.
In order to activate staking, you need to fulfill a few simple conditions:
1. keep XXP tokens in the XX Wallet;
ATTENTION! Storing tokens in third-party wallets that support TRC20 tokens or on exchanges makes participation in
staking impossible.
2. have a balance of 5 or more XXP tokens;
3. activate staking by transferring tokens from the Main Wallet balance to the Staking Wallet;
To increase profitability, the system provides for the possibility of using reinvest.
Reinvest is an analogue of compound bank interest, which allows transferring the received reward to the Staking Wallet,
increasing the balance of tokens participating in staking, and accordingly increasing the percentage of reward.
It should be considered, that even the smallest outgoing transaction from Staking Wallet resets the time coefficient,
which is one of the interest rate forming parameters.
Attention! If you plan to occasionally fix profits and withdraw the received tokens, we recommend disabling reinvest.
To structure and regulate the attracted investment funds, as well as for the sake of fair
and transparent distribution of remuneration from the platform, the XX Delegate system of delegated stake
distribution has been implemented in XX Platform.
The XX Delegate system consists of Delegates and Stakeholders.
Delegate is a user who has fulfilled the necessary conditions and registered a Delegate's account in the system.
Any user who feels a leadership potential and has the time, desire and experience to develop the XX Platform
community can become a delegate.
In order to create a Delegate account, it is necessary to buy and freeze* XXP tokens in the amount of 10,000 units
and go through a special registration procedure.
Freezing of XXP tokens is carried out through the special form in the user personal
account.
A stakeholder is a user registered in the system, who has XXP tokens on the balance and who has voted with them for any
Delegate of his choice, represented on the platform.
In order to vote for a Delegate, you shall select the desired delegate from the list of those registered on the platform and
click “vote”. During the voting, 44 XXP tokens will be frozen** on the stakeholder's balance.
The tokens used by the stakeholder for “voting” remain in the ownership of the user, but are assigned to the corresponding
staking pool for calculating the “weight” of the Delegate.
Frozen tokens continue to participate in staking.
**stakeholder tokens are not unfrozen, but continue to participate in staking
Example: User1 purchases 1000 XXP. In solo staking, he earns 7% per month, and by voting for any delegate on this page,
he will receive 9%. Delegate commission from 1 to 10% will be deducted from his income on a daily basis. Even if it is 10%,
then in a month User1 will receive 8.1% of tokens from 1000 coins, and 0.9% will be given in commissions to the delegate.
At the same time, if User1 has the reinvestment option enabled, then the income will dynamically increase.
