XDEFI XDEFI Price

What is XDEFI (XDEFI)?

Empowering DeFi Users: A Closer Look at XDEFI Wallet

In the rapidly evolving landscape of decentralized finance (DeFi), accessibility and user-friendly tools are crucial for widespread adoption. Enter XDEFI Wallet, a decentralized multi-cryptocurrency wallet extension designed to provide users with seamless access to the decentralized future through their web browsers.

A Multichain Marvel

XDEFI Wallet boasts an impressive array of features, allowing users to swap, send, and store over 10,000 assets across various blockchains, including Ethereum, Cosmos, Bitcoin, Solana, Binance Smart Chain, Polygon, and more. With a single, customizable gallery, users can effortlessly manage their NFTs from Ethereum, Solana, Avalanche, Polygon, Binance Chain, and Terra within the wallet.

Decentralized Power in Your Browser

What sets XDEFI Wallet apart is its commitment to being non-custodial, ensuring that users retain full control over their funds and data. The wallet never stores seed phrases, passwords, or any private information. Users can confidently navigate the decentralized web, receiving, sending, and storing digital assets across native chains, connecting to blockchain applications, and swapping seamlessly between protocols – all from a single, secure wallet.

A Wallet for DeFi Power Users

XDEFI Wallet caters specifically to DeFi power users, filling a gap left vacant for too long. Its browser extension format aligns with the current trend of DeFi activity primarily via web clients. The wallet facilitates complex strategies, allowing users to wrap ETH into WETH, provide liquidity in Balancer pools, stake LP tokens in CREAM, and monitor the entire strategy – all within the convenience of a single wallet.

Community-Centric Approach

Focusing on user experience, XDEFI Wallet is dedicated to innovation and user-friendly tools. The team promises exceptional customer support and continuous iteration based on user-generated feedback. The ultimate goal is to empower users, contributing to the decentralized web's promise of giving people control over their data, assets, and identity.

XDEFI Token: A Gateway to Governance and Rewards

The native $XDEFI token plays a central role in the XDEFI ecosystem. Following a veModel, token holders can stake and earn a share of XDEFI swap and bridge fees. A significant portion of the net revenue generated from swaps, bridging, and staking is used to buy $XDEFI on the open market, rewarding token holders who stake $XDEFI. Governance rights are also granted to token holders, allowing them to vote on community proposals and shape the platform's development.

Your Control, Your Security

To address concerns about control, XDEFI Wallet emphasizes its non-custodial and decentralized nature. Users retain complete control over their information, with the wallet serving as a tool to view and manage assets on the blockchain. XDEFI Wallet reassures users that it has no access to secret phrases, passwords, or recovery codes.

Founded in 2020 by Emile Dubié and David Phan, XDEFI Wallet has garnered support from notable investors such as Delphi Digital, Coingecko, Mechanism Capital, and others. As the DeFi landscape continues to evolve, XDEFI Wallet stands as a beacon of empowerment for users navigating the decentralized frontier.

What is unique about XDEFI (XDEFI)?

XDEFI Wallet stands out for being a decentralized multi-cryptocurrency wallet extension, offering users seamless access to over 10,000 assets across 14 blockchains while prioritizing non-custodial security and a customizable NFT gallery.

Who are the founders of XDEFI (XDEFI)?

Founded in 2020 by Emile Dubié and David Phan, XDEFI Wallet is the brainchild of these visionary leaders dedicated to providing users with a secure and versatile decentralized wallet experience.

Who are the backers/investors of XDEFI (XDEFI)?

XDEFI Wallet has garnered support from notable investors such as Delphi Digital, Coingecko, Mechanism Capital, and others, solidifying its position as a promising player in the decentralized finance (DeFi) space.

What is the consensus mechanism of XDEFI (XDEFI)?

XDEFI Wallet operates on a veModel, a design pioneered by Curve. Token holders can stake and earn a share of XDEFI swap and bridge fees, with 75% of net revenue used to buy $XDEFI on the open market, rewarding stakers and providing governance rights for shaping the platform's development.

Where can I buy XDEFI (XDEFI)?

You can buy XDEFI (XDEFI) on Sushiswap cryptocurrency exchanges.