BitMart, a premier global digital asset trading platform will list XY Finance (XY) on December 20, 2021. For all BitMart users, the XY/USDT trading pair will be officially available for trading at 05:00 AM EST.
What is XY Finance?
XY Finance is a one-stop cross-chain swap aggregator for DeFi and Metaverse. XY Finance’s mission is to facilitate a secure seamless transfer of on-chain assets including tokens, NFTs, and more across all blockchains. The protocol has built a one-click swap aggregator with the highest interoperability that allows crypto users to trade all on-chain assets.
Staking incentives: XY Token Holders will be able to stake their tokens on the protocol and act as a catalyst to boost rewards on provided liquidity by up to 2.5 times. XY Token holders who stake their tokens will receive a portion of the revenue generated by the protocol.
Liquidity mining: Liquidity providers can stake their assets into the Y Pool to receive xyTokens, such as xyUSDT. In addition to earning swap fees, to further incentivize these liquidity providers, they will be eligible to receive XY Tokens through a liquidity mining program, adjusted based on a user’s relative contribution and additional parameters.
Governance: XY Token holders will be able to participate and vote in the governance process of the platform. Through governance, users can influence and modify product features and key parameters of XY Finance. This will enable XY Token holders to influence the direction of the protocol’s development.
Cross-chain swaps in seconds
Provide the fastest, simplest, and most economical cross-chain swap service with seamless experience and liquidity providers can earn yields without impermanent loss!
In addition to the DeFi product X Swap, XY Finance focuses on GameFi and NFT sectors.
GalaXY Kats (GameFi)
GalaXY Kats is a collection of 10,000 unique meerkat NFTs and a play-to-earn blockchain game where players can explore the lore of GalaXY universe and help GalaXY Kats revive humanity by challenging bosses and completing quests.
NFT Satellite (NFT)
A simple and user-friendly interface that aggregates the liquidity of NFT marketplaces on various chains, allowing users to buy, sell and swap NFTs in one transaction.
About BitMart
BitMart Exchange is a premier global digital assets trading platform with over 5 million users worldwide and ranked among the top crypto exchanges on CoinMarketCap. BitMart currently offers 370+ trading pairs with one of the lowest trading fees in the market. To learn more about BitMart, visit their website, follow their Twitter, or join their Telegram for more updated news and promotions. Download BitMart App to trade anytime, anywhere.
About XY Finance
The XY Finance Ecosystem includes DeFi, GamFi, and NFT. XY Token is the heart of XY DAO and the protocol. XY Finance has been ensuring all contributors to the leading cross-chain swap aggregator are incentivized to acquire and retain the XY token. Meanwhile, we are giving utility and value to the XY Token through numerous inventive ways and strategic partnerships. To learn more about XY Finance , please visit their website, follow their Twitter and join their Telegram.
