Xion Finance - One-Click to DeFi — an easy way to start earning passive income and spending Xion Global Token (XGT) rewards on everyday products. A cross-chain token, called XGT, was born on the xDAI chain and can be used for pharming, processing e-commerce payments, receiving rewards and simple value transfers. Together with Xion Global, XGT will soon be used as a token for cashback payments and rewards.
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Description of the Xion Finance - One-Click to DeFi
Easily earn up to 41% annual percentage rate of return on your DAI stablecoin cryptocurrency (1 DAI = 1 USD). The team has connected to one of the industry's leading Compound Protocol so you can earn interest on your DAI and generate Xion Global Tokens (XGT) rewards as an added incentive. All interest, earned in DAI, is on the Ethereum mainnet, while any earned XGT rewards are on the low-cost xDAI chain. When you deposit your DAI, you will receive cDAI tokens that represent your deposit + any accrued interest.
Other features of the project:
| 1 | You earn interest on your DAI, but as a bonus, you will earn XGT rewards every 5 seconds. |
| 2 | If you would like to receive XGT Rewards, earned over time, simply go to the withdrawal page and select “XGT Rewards” to transfer your XGT to your connected wallet. |
| 3 | Your rewards can be claimed at any time. |
Buy products with XGT, get up to 100% cashback on XGT and use XGT to get additional discounts on your subscriptions (loyalty program). All this is possible thanks to a decentralized payment and reward gateway where merchants can accept Visa, MasterCard, cryptocurrencies and reward their loyal customers.
Additional information about the site
There is an introductory document on the site. It contains general information about the project. Also, there is a blog on the Medium platform.
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