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The cryptocurrency Winter is (NOT) right here to remain.
If the media was any indicator of the present state of the cryptocurrency business, one would assume it was time to “pack up” and discover a new expertise to speculate each money and time into. It’s true that the cryptocurrency business is at the moment experiencing one other so known as “cryptocurrency winter” and whereas quite a few references could also be cited to help that, it’s also true that this isn’t the primary nor the worst one. Actually, nicely supported and funded initiatives are thriving and now’s the right time to develop them additional.
The group behind XTRA.FUND additionally believes that as nicely. The platform has been totally useful and reside since December 2021, and it’s also seeking to resolve the challenges that not solely plagued the cryptocurrency business since its inception, however will now be an much more predominant matter: making cryptocurrency secure, safe and rewarding on the similar time, sufficient to make it a viable different to conventional investments. XTRA.FUND not solely believes it could ship, however is on a mission to persuade the world of that as nicely.
The best way it affords that’s with the next set of options:
Typically it simply takes a little bit of XTRA PROTECTION
The cryptocurrency business is restricted when it comes to the varieties of safety it could provide, and with regulation in most components of the world not round, it’s no surprise that persons are nonetheless hesitant. Firms have provided options very similar to Binance with its SAFU, however the consumer must trust in that firm and their willingness to honor such measures. One other format that has come from the business, is the notion of secure cash. Even with Luna’s UST incident, these are nonetheless a strong method ahead; nevertheless, the latest UST collapse confirmed that nothing is 100% secure. Actually is it beginning to immediate governments to lastly enter, and again these belongings up extra to guard their residents as Japan lately introduced. There may be one other method, and that’s the unprecedented XTRA.FUND method.
To create its answer, XTRA.FUND created its personal sensible contract, its personal token, and its personal platform. The mathematicians that help XTRA.FUND devised a method by which to cowl a good portion of a staked quantity in opposition to the drop in value of its token. First a totally automated, self-governing sensible contract was developed. Not solely is it safe to the purpose that even XTRA.FUND workers should not have entry to it, but it surely additionally revives the true decentralized nature of the blockchain business, one thing that appears to have gotten misplaced with quite a few latest initiatives. In parallel, XTRA.FUND Token was additionally deployed. It’s a BEP-20 token that’s the just one on the earth protected with a value drop safety mechanism. Utilizing some intelligent tokenomics, it was determined that 80% of the full 100 Billion tokens would instantly go into this sensible contract, now branded as XTRA PROTECTION. To correctly provide this safety, the group lastly needed to develop its personal staking platform with guidelines that might enable for such a characteristic to be provided.
The end result? When a consumer stakes XTRA.FUND Tokens on the XTRA.FUND Platform, their preliminary staked quantity is protected in opposition to a value drop of as much as 90% (phrases corresponding to staking size apply). That’s exceptional in not solely the decentralized finance but additionally the normal finance house.
Two worlds come collectively to reward positive aspects
There may be sufficient market dropping (value, shares, and so on.) occurring proper now, so time to vary the topic: XTRA.FUND additionally ensures that its customers are rewarded nicely throughout occasions of its XTRA.FUND Token value achieve. A minimum of the progressive method it has resolved the problem with value drops, has XTRA.FUND managed to reward its customers throughout occasions of value will increase. The corporate has carried out this via its partnerships with a community of EU based mostly B2B lending firms. By means of this cooperation, the income that they make from their conventional finance actions are seamlessly handed again into the XTRA.FUND Platform, providing its customers a aggressive ROI. That’s how the XTRA LENDING FUND characteristic got here to be.
That’s not the one intelligent motion that happens. Customers in fact additionally profit from the value positive aspects of the token itself; nevertheless solely as much as double the quantity invested. Something above that’s mechanically put again into the XTRA PROTECTION characteristic, replenishing it and getting ready it for the subsequent “wet day”.
Ultimate ingredient, customers.
The ecosystem strives in direction of being neighborhood pushed. The corporate had that in its imaginative and prescient from day one. When somebody makes use of the platform, they’re entered mechanically into the XTRA.CLUB. As we speak, this serves because the title for the rising variety of customers which have began to profit from the product; nevertheless, sooner or later, there can be options deployed that can solely be accessible for XTRA.CLUB, such because the upcoming XTRA Launchpad. Right here, not solely will nicely vetted initiatives be accessible to the neighborhood, however they may also have the ability to provide a model of XTRA Safety for his or her tokens as nicely.
In abstract, XTRA.FUND is safety in both route.
To convey this providing to the general public, it entailed a extremely complicated ecosystem that needed to be transformed to the intuitive platform that one can discover on the location immediately. The diagram right here sums up how – irrespective of the market situation – XTRA.FUND is rewarding its customers.
That is just the start from the group. Along with increasing the XTRA.FUND universe, different complimentary merchandise can be launching quickly that can be no much less progressive. The group itself continues to broaden in addition to rising its exterior partnerships. The corporate is aiming to play a serious half in not solely thawing the present wintery market but additionally in proving to the world that cryptocurrency is a viable & secure long run funding different.
Dominik Glowicki
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Web site: https://www.xtra.fund/
Twitter: https://twitter.com/xtra_fund
Telegram: https://t.me/xtra_fund
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