XIDO FINANCE (XIDO)
| Market Cap | $0.00000000 |
|---|---|
| Trading Volume | $453,277 |
| Volume / Market Cap | – |
| Total Supply | 100,000,000 XIDO |
| Max Supply | 100,000,000 XIDO |
XIDO FINANCE is currently trading at $5.0570, after a price change of -12.66% in the last 24 hours.
Ranked as cryptocurrency #2919 by capitalization today, XIDO market cap is valued at $0.00000000. XIDO trading volume reached $453,277 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on XIDO coin price prediction page.
What is XIDO Finance?
XIDO Finance is a decentralized automated market maker offering yield farming rewards. The AMM is built on Ethereum and BNB Chain. XIDO is created for payment processing in the decentralized finance sector and works without minting new tokens. The platform features smart security contracts to enhance transaction security and a secured protocol configuration. The AMM also has a decentralized finance network, LaFarm, that aims to enable users to participate in DeFi.
The protocol’s self-sustaining pools are powered by native token XIDO. XIDO does not include a mint function in its codebase but has an automated burn mechanism. The AMM supports emergency withdrawals from all the liquidity pools and farms. Farming is implemented through rounds to mitigate the dumping on XIDO tokens.
XIDO is a governance token in the Xido protocol. There are 28,314,463 company-reported circulating XIDO tokens from a total supply of 100 million and a matching hard cap. Users can earn token rewards by offering liquidity to the AMM pools. XIDO can be mined using LaFarm’s utility token $LAFA. The yield can also be earned through staking the $LAFA token.
XIDO Finance was established in 2020 by an anonymous team.