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CrossFi Chain Testnet

Why Should Everyone Try CrossFi Testnet Now?

Uruba Niazi

VP of Marketing - Content

06 Jun 2024
3 min read
0 comments
Table of contents

Welcome to the world of CrossFi, where innovative DeFi solutions, exciting gaming experiences, and cutting-edge trading platforms converge. Our suite of products, including the xApp, BingoRingo, and xSwap, offers a comprehensive ecosystem designed to meet diverse financial needs while providing opportunities for engagement and reward.

xApp

The xApp offers various DeFi features, including token swaps, cross-chain asset bridging, and access to native coins like XFI and MPX. Users can also provide liquidity and participate in staking on the CrossFi Chain to earn rewards and support the ecosystem. You can get XUSD through the xApp and invest it for further commissions and XFI rewards.

The xApp allows you to access liquidity pools and earn rewards for providing liquidity to lucrative pools. Whether you are new to DeFi or an experienced user, the xAPP is equipped to cater to your financial needs, offering a user-friendly interface with advanced DeFi capabilities. 

Bingo Ringo

Bingo Ringo is an exciting game based on a sectored spinner. The wheel has winning or empty sectors, and you can use XFI to play. Before the match starts, prizes are distributed among the sectors, and participants know where they are. Players bet on the number of spins, which are summed to determine the total spin and direction. After each game, payouts are published in the spin table. Everyone gets free gameplay, so try your luck today using XFI. Try your luck on testing XFI now: https://bingoringo.io.

xSwap

xSwap represents the next evolution in the decentralized finance (DeFi) ecosystem, operating on the innovative CrossFi Chain. As a direct advancement from existing automated market maker (AMM) protocols, xSwap is engineered to enhance liquidity provision rewards while maintaining user-friendly trading fees. xSwap offers enhanced liquidity provision with a 1% trading fee, attracting more liquidity providers and ensuring depth and competitive rates. 

Automated liquidity pools facilitate secure token trading, rewarding contributors with transaction fee shares. The decentralized trading mechanism uses a constant product formula for fair trades and dynamic pricing. Built on the CrossFi Chain, xSwap leverages blockchain’s security features, providing a transparent and trustworthy trading environment.

CrossFi Testnet offers rewards for participation, contribution, and gaming. With so many ways to earn rewards from using XFI, try the CrossFi testnet today and start earning.

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