XY Finance pris (XY)

What Is XY Finance (XY)?

XY Finance is a one-stop cross-chain aggregator for DeFi and Metaverse. Our mission is to facilitate the seamless and secure transfer of on-chain assets, including tokens, NFTs, and more, across all blockchains. The protocol has built a one-click swap aggregator with the highest interoperability that allows crypto users to trade all on-chain assets.

XY Finance consists of the following major components working in conjunction:

X Swap & Y Pool (DeFi): XY Finance provides a one-stop swap aggregator to provide the fastest, simplest, and most economical cross-chain swap service with a seamless experience and highest interoperability. Meanwhile, liquidity providers can earn yields in Y Pool without impermanent loss. GalaXY Kats (GameFi): GalaXY Kats is a collection of 10,000 unique meerkat NFTs and a play-to-earn blockchain game where players can explore the lore of GalaXY universe and help GalaXY Kats revive humanity by challenging bosses and completing quests. Moreover, GalaXY Kats features DeFi utilities on X Swap & Y Pool. NFT Satellite (NFT): To satisfy the booming NFT trading demand and follow the fast-developing multichain NFT ecosystem, XY Finance introduces a one-click NFT liquidity aggregator to allow users to buy, sell, and NFTs on different chains in one transaction.

XY is XY Finance’s native utility token and governance token and has the following current and planned functions:

Staking incentives: XY token holders will be able to stake their tokens on the protocol and act as a catalyst to boost rewards on provided liquidity by up to 2.5 times. XY holders who stake their tokens will receive a portion of the revenue generated by the protocol.

Liquidity mining: Liquidity providers can stake their assets into the Y Pool to receive xyTokens, such as xyUSDT. In addition to earning swap fees, to further incentivize these providers given opportunity costs, liquidity providers will be eligible to receive XY tokens through a liquidity mining program, adjusted based on a user’s relative contribution and additional parameters.

Governance: XY token holders will be able to participate and vote in the governance process of the platform. Through governance, users can influence and modify product features and key parameters of XY Finance. This will enable XY token holders to influence the direction of the protocol's development.

How Many XY Tokens Are There in Circulation?

When it comes to the maximum supply possible, XY Finance's supply cannot exceed 100 million. It has a circulating supply of roughly more than 4.12 million. The initial supply of XY was 4.12 million launched on our IDO on Copper Launch.

Who Are the Founders of XY Finance?

XY Finance is the brainchild of Wilson Huang, who has extensive and solid experience in programming and the crypto industry. Wilson has been involved in Bitcoin since early 2014 and worked with Ethereum Foundation in certain projects.

XY Finance employs more than 25 staff, including developers with experience at Ethereum Foundation, imToken, Yahoo, Mediatek, and IBM.

Where Can I Buy XY Finance (XY)?

XY is available for trading on a growing number of exchanges, including XY Finance, 1inch, UniSwap, and more. XY Finance is working with multiple CEXs on the listing.