XFI

CrossFi XFI

Discover the native XFI coin, a liquid asset with a limited emission that is used and opens access to all products and services of the EVM part of CrossFi Chain. A means of payment along with fiat in the CrossFi APP gives unique opportunities in CrossFi xAPP.

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XFI Emission Model

Number of blocks based on 1 block 5 seconds

1 minute

1 hour

720

24 hour

17 280

365 days

6 307 280

4 years

25 228 800

XFI Emission

Period

Coins per block

XFI Emission

1-4 years

126 144 000

5-8 years

100 915 200

9-12 years

75 686 400

13-16 years

50 457 600

17-20 years

25 228 800

Period

1-4 years

Coins per block

XFI Emission

126 144 000

Period

5-8 years

Coins per block

XFI Emission

100 915 200

Period

9-12 years

Coins per block

XFI Emission

75 686 400

Period

13-16 years

Coins per block

XFI Emission

50 457 600

Period

17-20 years

Coins per block

XFI Emission

25 228 800

Total emission: 378 432 000

XFi issue model XFI emission period is from 2023 to 2043

XFI burning is the base fee for transactions in the EVM part of the blockchain

For 20 years, while new coins have been issued, XFI has experienced inflation: its volume has increased. With each new period, once every 4 years, the inflation rate decreases. After the XFI emission ends, the XFI coin acquires a deflationary character, as the total supply will begin to decrease by burning the base transaction fee in the EVM part of the CrossFi Chain.

The burning of commissions lasts for the entire period since the launch of the EVM part of the CrossFI Chain, which also reduces the inflation rate throughout the entire period of the issue of XFI coins. The total supply of XFI coins will never reach a peak of 378,432,000. This value indicates how many XFI coins will be issued in total.

The algorithm for issuing XFI coins over the entire distance is technically deflationary. And deflation itself can begin before the end of the issue of all XFI coins.

XFI Utility Model

XFI provides access to all products and services of the Cross Finance ecosystem. The diagram shows the products and services that the Cross Finance team develops and implements. At the same time, the CrossFi Foundation regularly conducts grant initiatives and hackathons to attract third-party developers, expand the ecosystem, and increase XFI's utilitarian functions. The CrossFi Foundation also conducts initiatives to attract users and ambassadors to increase demand for XFI.

More about CrossFi Foundation

The emission model is designed so that the supply of XFI will gradually decrease, and the utility model, in turn, will increase demand for it. Thus, this will cause a shortage in the open market and give a positive vector of movement towards a systematic growth of the XFI exchange rate.

XFI is used in all products and services of the CrossFi ecosystem. This is a means of payment in the CrossFi Card, the payment method in the CrossFi App. XFI opens access to all dApps, allowing you to earn money in other solutions built on the CrossFi Chain. With XFI, you can earn income on DEX, in the DeFi application xAPP by CrossFi, and more.

One guaranteed way to receive XFI throughout its entire issue, regardless of the exchange rate, is through MPX coin staking.

More about MPX

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Buy, exchange, and sell on the world's CEX and DEX, the list of which will expand. Use the additional features of XFI in CrossFi xAPP.

xAPP

Buy XFI for almost any cryptocurrency and discover its new features and defi advantages.

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Mexc

Founded in 2018, MEXC is known as an exchange with high-performance mega-transaction matching technology. The XFI/USDT pair is presented.

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HTX

Huobi Global (HTX) is an international digital asset exchange with a presence in more than 100 countries worldwide. The platform was founded in China in 2013 The XFI/USDT pair is presented.

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Uniswap

One of the first DEX launched in November 2018, initially developed for Ethereum. The XFI/USDT(Base) liquidity pool is presented.

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PancakeSwap

DEX launched in November 2020, initially developed for the BNB Smart chain. The XFI/USDT liquidity pool (BEP-20) is presented.

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FAQ

How to buy XFI?

XFI can be bought on two CEX and two DEX exchanges. On the MEXC and HTC exchanges, the coin is traded in pairs with USDT. On PancakeSwap и Uniswap exchanges, you can buy XFI with basic tokens. Details: https://t.me/crossfichain/629 Another convenient way is to buy XFI in xAPP for almost any cryptocurrency.

How to buy MPX?

The easiest way to buy MPX directly from the company is https://get.crossfi.org/get-mpx. Enter the amount, make a deposit, and get MPX in a second!

What DeFi solutions does xAPP provide?

Defi application xAPP by CrossFi bridges traditional and decentralized finance. It offers DeFi solutions like staking and bridging to fill liquidity pools and cross-chain technology.

How does a liquidity pool work?

A liquidity pool allows users to deposit token pairs into a smart contract, creating a pool of funds. Traders can then swap tokens within the pool. Prices are determined by an Automated Market Maker (AMM) algorithm based on the token ratios. Liquidity providers earn fees from each trade, proportional to their pool share.

What is a liquidity pool?

A liquidity pool is a smart contract-based collection of tokens used in decentralized finance (DeFi) to enable trading without a centralized intermediary. Liquidity providers deposit token pairs into the pool, earning fees from trades. Automated Market Makers (AMMs) determine token prices based on their supply within the pool, ensuring continuous and decentralized liquidity for trading activities.

What is emission in crypto?

Emission in crypto is the process of issuing new coins on the blockchain. It is completely digital and works based on code. The main way of coin emission is a block reward, which is paid to the miners every time they mine a block and confirm a transaction on the blockchain.