XY Finance TT provides the fastest, easiest and most economical cross-chain exchange service with a flawless experience. Liquidity providers can earn income without permanent losses.
Site description of XY Finance TT
Over the past few years, a significant proliferation of decentralized blockchains has been there, 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 highly decentralized way to perform cross-chain transactions. To this end, the team is making XY Finance the infrastructure to support Web 3 and tokenomics. It also provides the best deals, bridges, interoperability and liquidity solutions.
Other features:
1. | The site has a “Rebalancing mechanism” to prevent liquidity shortages, where users can help to balance liquidity without fear of high slippage and intermittent losses (IL), dwarfing most major AMMs. |
2. | In addition, the team has created a reward mechanism to incentivize the community and avoid over-issuance of tokens at the same time./td> |
3. | This strict $XY allocation limit per rebalance epoch prevents malicious activity from capturing $XY. And, at the same time, provides enough reward to incentivize the community to rebalance the pools. |
In response to the needs of XY Finance users, XY DAO is being created to address some of the hottest suggestions or issues that will be cyclically reviewed by the DAO and the XY core team for the better. That being said, after receiving feedback from the DAO, XY Finance will decide which proposals are most likely to benefit the majority of XY DAO members, and the vote will be held in due course as a means of improving this contract.
What is X Swap?
X Swap aggregates in-demand DEXs across various chains and uses Y Pool liquidity to provide intermediate solutions and incentivize liquidity providers (LPs) with XY token fees.
Thus, the X Swap API creates an internal database that acts as a source of interaction to harden the data flow on the external interface in order to effect a token exchange and a connection with only one single transaction.
X Swap technologies support URL query parameters to allow custom links to be created in X Swap. Users will be able to take full advantage of this link to simplify the token pairing process and save a lot of time, spent on pre-pairing arrangements.
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