Post
Topic
Board Tokens (Altcoins)
Re: EURXB Connecting Traditional Markets to DeFi
by
vendtichede
on 24/03/2021, 20:40:13 UTC


Guys, will it be possible to provide one asset that can be listed on an atomic swap basis?

The atomic swap is funded from the EURxb tokens mandated to assist with EURxb liquidity events, the next event is an XBE liquidity event, and as such there is no XBE tokens to be provided through an atomic swap - as they have all been distributed fairly and freely during the initial EURxb liquidity event.  We will have further EURxb liquidity events in the future, and then enable the atomic swap again.  For now, the only XBE available as incentive are the tokens purchased from the market by the founders right after distribution by OTC.  There is a limited supply, so it is unlikely that we would be able to see another XBE liquidity event - meaning you should not miss out!


Something interests me If EURxb is the one you need to stake why thn xbe price will go high?

EURxb earns 7% in your wallet already, but you can lock it in either the institutional or the community vaults for even more returns.  When institutions lock their EURxb in the institutional vault, that vault can then deploy the funds in DeFi programs for yield.  The return on that is capped at 5% for the institution, and the balance over it is actually distributed to the XBE holders.  You also need to stake the XBE to be able to receive the reward.


So what kind of challanges are you facing with financial institution in relation to Defi?

Getting clarity on the difference between a stablecoin and a price volatile cryptocurrency, and how to verify that they have legal protection when they purchase stablecoins that they would need to convert back to fiat later.


Everything is clear, I was also interested in all this, thanks for the answer Smiley