Introducing XIDO FINANCE
What is XIDO FINANCE?
XIDO is XIDO FINANCE governance token.
XIDO is designed to Oneway yield farming DeFi ecosystem to drive the creation of a fully transparent, community-owned, and open-source oracle platform on Ethereum & Binance Smart Chain
Tokenomics
Total Supply: 100,000,000 XIDO
Initial Distribution: 40,000,000 XIDO(40%) was sent to the main farm contract used for farms and pools. These tokens are locked in the contract and cannot be removed by developers. 5,000,000 XIDO (5%) was sent to the TEAM address to start the XIDO process. And finally, the remaining 5,000,000 XIDO(5%) were supplied to the Pancakeswap AMM for public distribution.
Token
More Incentives : Provide Best Prices
XIDO Finance is a decentralized AMM with yield farming incentives, no mints, and a unique token distribution design. XIDO Finance is powered by XIDO token which adds a governance layer and powers the self-sustaining pools and farms without ever minting a new token.
XIDO Finance runs on BSC and shares liquidity with Pancakeswap to provide users the best prices with large pools of liquidity.
Characteristic
Faster burn rates : Farming Rewards
Brief Tokenomics
1. XIDO has a fixed total supply of 100,000,000 and there is no mint
functionality in any of the code.
2. XIDO did not launch on BSC strictly for the ‘hype’, BSC’s low fee transactions is exactly what XIDO needs to leverage its token distribution design to the fullest extent. More volume on XIDO means faster burn rates and holders receive
Triple Yield
Most DeFi protocols offer yield farms to incentivize liquidity for their assets.
XIDO offers triple yield on all of its farms and pools, here’s how it works :
The ‘regular’ yield farming incentives
1. Earn tokens for providing liquidity on the AMM (basic)
2. Yield farming rewards
XIDO yield farming incentives
1. Earn tokens for providing liquidity on the AMM (basic)
2. Yield farming rewards
Holder Security
XIDO Finance : Supporting System
1. No mint functionality in any of the code
2. Automated burns that don’t rely on devs or manual processes
3. No migrator code
4. Support for emergency withdraws from all pools & farms
Yield Farms & Pools
- XIDO offers a suite of yield farms and pools, at launch we are
supporting 5+ and plan to aggressively add more.
Social Media
Website : https://www.xido.finance
Notice : https://t.me/xidoannouncementchannel
Telegram : https://t.me/xidofinance
Twitter : https://twitter.com/XidoFinance
Github : https://github.com/xidofinance
Medium : https://xidofinance.medium.com
Whitepaper : http://xido.finance/wp.pdf
