Xpool (XPO) price, marketcap, chart, and fundamentals info Everything about the Xpool and the XPO token

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Xpool XPO

The decentralized financial sector has gradually become an investment channel attracting much attention in recent years with the potential benefits that this field brings.

Among the countless current investment projects, it is inevitable that investors will maximize profits in addition to a guaranteed high level of safety.

Xpool and the XPO token will be a worthy project for you to invest in in 2021 because the outstanding benefits that Xpool brings will be clearly described through this article.

Let's find out more about the most awaited project of 2021 Xpool and the XPO token!

What is Xpool?

X-pool is an open-source decentralized protocol that will launch in April 4 - built on top of Binance Smart Chain to allow users to borrow assets from the platform and earn interest by depositing property on Xpool protocol, thereby making an easy profit from the assets you own.

Main functions on Xpool

  • Deposit and Earning: By supplying assets into the system, users will receive interest depending on the type of asset.
  • Borrow: By pledging collateral, users can borrow any cryptocurrency, stablecoin, or digital asset backed from Xpool without a term agreement. Each type of asset will have its own interest rate and change according to the law of supply and demand.
  • Flash Loan: Xpool allows certain loans, known as "quick loans," to be issued and paid off immediately. These loans do not require a mortgage or upfront pledge and are processed almost immediately.

Xpool Highlights

Low transaction costs

Most Defi applications require a lot of transactions, so blockchain fees are an important factor to consider before choosing a Defi application. Binance Smart Chain and Ethereum are two of the most popular blockchains chosen for DeFi projects.

But when it comes to blockchain fees, Binance Smart Chain is substantially more cost effective than Ethereum.

So X-pool has an outstanding advantage when transaction fees are ranked at the most reasonable level in the market compared to other platforms.

Fast transaction speed

Binance Smart Chain is compatible with smart contracts for decentralized applications, connected to high throughput Binance Chain to achieve shorter confirmation times and higher transaction processing speeds.

Flexible interest rate options

Xpool offers its users attractive interest rate options. Lenders can choose between a steady rate and a variable rate depending on their investment goals.

Open source

Adopting the essence of DEFI, Xpool provides open source lending protocols, which are often more secure as it undergoes a rigorous community peer review process, assuring all operations and functionality.

 High interest rates

Depositors will receive dynamic income with attractive APY providing liquidity to the platform as with monthly bank savings.

XPOOL token (XPO) price, marketcap, chart, and fundamentals info

XPO is the native token of the X-pool on the BEP-20 chain.

What can XPO be used for?

Receive annual interest

By depositing XPO into the Xpool protocol, users will earn attractive annual returns - quick and easy passive income.

Use as collateral

Borrowers can use XPO as collateral to borrow other assets that have a chance to reduce fees or borrow more than usual.

Collecting fees & discounts for Xpool services

Xpool borrowers get a discount if they borrow money with XPO tokens.

Voting and governance

Users holding XPO tokens have the right to vote for potential product upgrades, releases, and parameter changes ...

XPO Use cases

Some basic information about XPO tokens

Token Name XPO
Sign XPO
Network Binance Smart Chain
Token Standards BEP-20
Contract address Will be updated after IDO

Allocate XPO tokens

  • Total supply: 210.000.000
  • XPO Airdrop / Listing: 2.100.000
  • IDO 1: 4.200.000
  • IDO 2: 2.100.000
  • liquidity: 1.575.000
  • Farming: 200.025.000

XPO Token Allocation

XPO is allocated by form Fair-launch, Inside:

  • 30% of tokens will be distributed to farmers (20% of which will be immediately distributed to the participants, 80% of which will be locked for 1 year and will be distributed continuously by block. later).
  • 30% tokens will be distributed to the XPool lending pool.
  • 15% of tokens will be distributed to the Development Team (20% of which will be distributed immediately, 80% of which will be locked for 1 year and will be distributed continuously block by block thereafter) .
  • 10% of farm tokens will be distributed to the referral Program. (20% of which will be distributed to the participant immediately, 80% of which will be locked for 1 year and will be distributed continuously in block after that).
  • 3% of tokens will be distributed to Seed-round investors. (20% of which will be immediately distributed to the participant, 80% of which will be locked for 1 year and will be distributed continuously in blocks thereafter).
  • 12% of tokens will be distributed to use for Marketing activities.

Where to get XPO?

Buy IDO XPO on LaunchZone padX

Xpool announced that it will open for sale in 2 rounds of IDO sale on LaunchZone padX

Specifications about IDO:

Total amount of tokens sold: 6,300,000 (in which 1st round sale: 4,200,000, 2nd round sale: 2,100,000)

Opening time for sale: Round 1 from 23:30 GMT + 8, Round 2 will start 30 minutes after the end of the first round.

Ticker IDO 1 IDO 2
quantity 4,200,000 XPO 2,100,000 XPO
Price $ 0,0238 (paid in BSCX) $ 0.0476 (paid in BSCX)
Purchase conditions Lucky star ticket available In the list is whitelisted
Time 11:30 PM GMT + 8 on 04/04/2021 

corresponding to 22:30 on 04/04/2021, Vietnam time)

00:00 GMT + 8 on April 05, 04 (2021 minutes after round 30 ends)

(Corresponding to 23:00 on 04/04/2021, Vietnam time)

 

Steps to join IDO 1

Step 1. Lock the BSCX

All users who lock at least 100 BSCX will have the opportunity to participate in the IDO program. One wallet address can lock up to 1.000 BSCX

Step 2: Get tickets

For every 100 locked BSCX tokens, users will receive 1 lottery ticket called "Lucky Stars". Launchzone will hold a lucky ticket draw and the winner will be involved in Xpool's IDO (this process is done automatically when you sign up for “Lucky Stars” and win a ticket).

Step 3: Receive participation rate

After the list of lucky tickets is announced (from 12 o'clock before the whitelist), holders of such "Lucky Star" tickets can receive tickets to buy IDO with BSCEX tokens. The buyer needs to redeem all the rewards and make the purchase before the redemption period ends or the “Progress” bar reaches 100%.

Please note that for each Luckystar ticket, you can buy XPO worth up to $ 100 with BSCX tokens.

Detailed instructions to attend: https://docs.xpool.app/xpool/partnership-instruction/ido-on-launchzone-padx

Steps to join IDO 2

Step 1. Sign up for the program "BSCX Heroes"

Register the program "BSCX Heroes" with the Sower Bot through the following three easy steps

  • Go to @thesowerbot on Telegram and select Get Started.
  • Type in / add whitelist and follow the instructions.
  • Follow the instructions shown afterwards.

A Telegram account can only be linked to one Twitter account.

Step 2. Sign up to be included in the supplemental list

Only those on LaunchZone's replenishment list can join the second round of Xpool to purchase IDO. Each whitelist address in the list can buy XPO worth up to $ 100 with BSCX tokens. If the number of addresses in the allowed list is greater than the total available space, we will allocate in order, the pre-registrant will take precedence (FCFS).

To find out how to be on the LaunchZone priority list by participating in the "BSCX Heroes" Program, see details at: https://launchzone.org/docs/2070-2/

Participating in airdrop campaigns

Xpool will airdrop 1 token amount up to 2,100,000 XPO for airdrop programs. Users can join Xpool communities, test products to receive XPO. Details of airdrop programs will be announced above twitter , and medium by Xpool.

It is expected that the airdrop program will run from March 31, 3, you should pay close attention and do not miss it.

Farming

XPO is expected to be farmed on LaunchZone PoolX after IDO. You can join by providing liquidity to the pool and getting XPO distribution.

30% of tokens will be distributed to farmers (20% of which will be immediately distributed to the participants, 80% of which will be locked for 1 year and will be distributed continuously by block. later).

Buy on exchanges

Currently XPO does not have a schedule to list centralized exchanges. After IDO, liquidity is initially expected to be added to Pancakeswap, after which users can purchase XPO on both Pancakeswap and SwapX.

Roadmap

There is not much information about the road map at the moment. You can follow on social media sites to update the latest information.

Conclusion

X-pool is one of the first DeFi projects announced in 2021 that will develop on the Binance smart chain with the desire to increase transparency and create more opportunities for all traders in the market. With low transaction costs and fast transaction processing speed will be considered two core factors in making the difference for X-pool among so many competitors today.

At the same time, the launch of the XPO token with an impressive amount and a reasonable level of liquidity signaled the potential of this project in the near future. Indeed, this is truly an investment worthy DeFi project where you have complete control. Investing early and investing smartly in a project like X-pool is something you should not miss in 2021. Wishing you success!

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2 COMMENTS

  1. This project is hot, great-grandmother, no IDO has been listed on Coinmarketcap already 🙂
    Join a large international community group and exchange enthusiastic support for each other. Will definitely post well.

  2. One of the most serious defi project of the year 2021 🤩
    #XPO will not go to the moon …… because it will directly reach Mars for sure !!!

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