Introducing XFai DEX: Evolution of the DLO

Introducing XFai DEX: an evolutionary product built on the DLO.

XFai DEX will allow users to create pools, provide liquidity to pools, and swap between pools.

The DLO has evolved quite a lot since XFai’s inception. They have concluded that for a DLO-like mechanism to work as intended, i.e., drain liquidity out of centralized exchanges & increase the use of DEXs, they will have to design a new type of DEX that does not have the shortcomings of the current architectural designs.

About XFai

XFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DEX is set to invite mid and small-cap tokens to start earning APY on their token holdings, while the XFai LGE is set to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai’s native token, XFIT, was launched on 16th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

🔽 INFO:

https://xfai-official.medium.com/introducing-xfai-dex-evolution-of-the-dlo-14bb14cd49f4