Dubai, United Arab Emirates--(Newsfile Corp. - February 24, 2022) - XTRA.FUND is excited to announce the launch of IDO and NFT Launchpad on 1st March 2022. XTRA Launchpad is a multichain token launchpad for tokens based on ERC20. It supports many EVM networks like Binance Smart Chain, Ethereum, Polygon, Klaytn, and Optimism. The main goal here is to create and build a clear, and - if it's possible - decentralized launchpad.
All users and owners of XTRA tokens will have a chance to allocate new projects which will be tokenized on the new XTRA Launchpad on preferential conditions (seed, pre-sale 1, pre-sale 2, etc.).
XTRA.FUND will update more information about XTRA Launchpad on XTRA's website and social media.
Stakers of XTRA tokens and NFT collection holders (at the beginning until 10 000 pieces) can use this. Elements in these collections will always be exposed and the sale process will be clear. More information will be coming soon.
XTRA.FUND is a DeFi project in which we have applied capital protection mechanisms previously unavailable in any other blockchain project. XTRA.FUND cooperates with companies from the loan sector operating in the real world in the European Union, by providing B2B loans for over 6 years.
XTRA.FUND is therefore a combination of loans and the world of blockchain.
XTRA.FUND has an exclusive feature of the decentralized GUARANTEE FUND, which secures up to 90% of the token purchase price.
Fee: There is no commission as of now, and even after the complete launch of the IDO launchpad and NFT launchpad XTRA.FUND will make sure that the fee is lowest. (P.S. XTRA.FUND is based on BSC (Binance Smart Chain) blockchain).
Token X-Staking Platform
In XTRA they believe that good cooperation is one of the foundations of building strong projects. Because of that, they want to reward their community and business partners. That is why the XTRA team will create a dedicated staking platform where users will have an opportunity to stake tokens, using the X-Stake algorithm.
Lending Fund (LF): XTRA.FUND cooperates with loan market consortia like Kuzman, Primecorporation, Kuzman Development, etc. that have long experience and offer B2B loans on the real EU market.
Guarantee Fund: GF is a mechanism that balances the amount of XTRA.FUND tokens held in case of the price drop, so that the total amount of XTRA.FUND tokens held, has the same value as the initial amount of XTRA.FUND tokens at the purchase price.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114717
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