The XY Finance BNB ecosystem includes DeFi, GamFi and NFTs. The XY Token is the heart of the DAO and the XY Finance protocol. XY Finance guarantees that all participants in the leading cross-chain aggregator will be interested in acquiring and holding the XY token.
About XY Finance BNB project
Last year saw a significant proliferation of decentralized blockchains, based on smart contracts such as Ethereum, Polygon, BSC, Fantom, xDAI, HECO and Avalanche. Thus, the demand for the exchange and transfer of digital assets from network to network has also increased dramatically. This has created a need for a cross-chain swap application that provides a fast, secure and decentralized way to perform cross-chain transactions and staking.
XY Finance is made up of two parts, X Swap and Y Pool, to facilitate cross-chain exchanges and stimulate the provision of liquidity.
| X Swap | provides the fastest and most secure cross-chain exchange by creating a single transaction that uses the most efficient path from source chain to target chain at the best possible price, backed by decentralized consensus. |
| Y Pool | rewards liquidity providers with a commission for the exchange between the chains and the XY Governance token. |
X Swap — the fastest and most secure cross-chain swap, the only transaction from the source chain whose rules are exchanged to the target chain, using a decentralized consensus. Cross-chain liquidity with the same asset across multiple chains. For example, users can deposit ERC20 USDT, BEP20 USDT, Polygon USDT into the Y USDT pool to receive xyUSDT. These different USDTs will help to provide liquidity for the X Swap. xyUSDT holders can receive exchange fees, generated by X swap, and earn XY Token as a reward. The USDT Y pool will continue to rebalance the percentage of different USDT.
More about defi app
To achieve the most convenient and fast exchange process between chains, XY Finance introduces X swap and Y pool. While Swap X provides users with a convenient interface to transfer any token to any chain, Pool Y maintains an efficient cross-chain liquidity pool as the basis of Swap X. With these two products, XY Finance can create an unlimited inter-chain environment for anyone who wants to transfer their assets to different chains and who want to use their capital as liquidity to obtain high returns.
With X exchange and Y pool, XY Finance creates a thorough cross-chain exchange mechanism so that users can exchange and stakeholders earn revenue. However, this is only the beginning. XY Finance will continue to evolve and introduce new features thanks to the creativity of the development team and the participation of the XY DAO community. XY Finance will grow and prosper along with users constantly.