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XBANK

THE ULTIMATE SWAP AND LENDING PROTOCAL FOR DIGITAL ASSETS

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Whitepaper

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What Is XBank?

XBank is a decentralized protocol where digital assets, such as NFT owners can mint ERC20 tokens that can represent divided ownership of their digital assets such as NFTs. These tokens have governance over the digital assets that they own. After tokenized the digital assests, the owners could easily trade, or lend, or get loan from other investors just by paying back a few interest.

Community Funding Pool

Guaranteed liquidity for millions of users and hundreds of Ethereum applications.

Trade and Earn

The exchange is an automated market maker (“AMM”) that allows two tokens to be exchanged on the Etheruem and other blockchain. By trading or paticipating farming, lottery and pooling, uses could earn plenty of xbc as bonus.

Features

Governance Protocol

Token holder will be able to decide the priorities of the organizations & foundations. Funds will be distributed depending on the voting ratio.

Trusted Pools

There will be a trusted pool with KYC integration. These whitelist users will be able to create a certified pool with many features such as a private pool.

Fully Decentralized

We are a fully decentralized exchange protocol built on Ethereum, uses an automated market maker (AMM) model which means there is no order book or any centralized party required to make trades.

Expandable

As a start, we will support Ethereum blockchain (ERC20 Tokens), but our plan to expand supporting several blockchain protocols during 2021.

Why should people use Xbank?

Xbank is not only an Exchange or Marketplace for Digital Assets, but also a very good Protocal for solving the existing problems during Trading. Faster Transaction Speed, Permassionless NFT Trading, Lending, and Borrowing, more Flexible and Customizable Trading Fees.

Advantage

Xbank Protocal is a Community-driven, Cross-Chain NFT Automatic Lending platform and a popular Decentralized Exchange. In Xbank, the slippage and fees are much lower, the adjustment of fees is driven by the Community Proposal and more flexible. Xbank has also implemented an Algorithm-based Stable Coin (XBC) acted as a transaction medium. The development team is committed to exploring more usability and contribute a long and stable development of the whole ecosystem.

Virtual liquidity

Xbank uses Adaptive Market Maker Algorithm, which could reduce the slipperage and losses effectively.

Reward for Adding Trade Pairs

Xbank encourages users to add pairs, the first investors who added it successful can enjoy 0.05% fee feedback for one month.

Platform governance

Xbank is under governance of DAO, the users could pledge XBT into the contract and obtain the governance token XBG. The minimal requirement of XBT is 10,000.

Unlimited Upgrades

Easy To Use

Roadmap

Xbank is a community- driven project, all community members are committed to creating a more User-Friendly Digital Assets (Tokens & NFTs) Trading and Lending Platform, so that all Digital Asset Investors and Developers could devote themselves in the Blockchain World. To accomplish that, the Community has formulated a Roadmap for the next few years and has already begun to focus on Product Development.