XY Finance XY Price

What is XY Finance (XY)?

XY Finance is an innovative cross-chain interoperability protocol designed to streamline and enhance the process of decentralized finance (DeFi), gaming, and non-fungible tokens (NFTs). The XY Finance ecosystem is powered by the XY Token, which serves as the core of its decentralized autonomous organization (DAO) and protocol.

Core Components of XY Finance

1. X Swap

X Swap is a key feature of XY Finance, offering the fastest and most secure cross-chain swapping solution available. It creates a single transaction that takes the most efficient route from the source chain to the target chain, ensuring optimal pricing and speed through decentralized consensus.

2. Y Pool

Y Pool incentivizes liquidity providers by offering rewards in the form of swapping fees and XY Governance tokens. This mechanism supports the continuous provision of liquidity across chains, enhancing the overall efficiency of the protocol.

GameFi and NFTs

1. GalaXY Kats

In the GameFi sector, XY Finance introduces GalaXY Kats—a collection of 10,000 unique meerkat NFTs featured in a play-to-earn blockchain game. Players explore the GalaXY universe, complete quests, and battle bosses to help revive humanity.

2. NFT Satellite

NFT Satellite is a comprehensive NFT cross-chain aggregation platform. It provides a user-friendly interface to aggregate liquidity from various NFT marketplaces (such as OpenSea, Solanart, and objkt.com) across different chains. This allows users to buy, sell, and swap NFTs in a single transaction.

Governance and Tokenomics

XY Token holders have a say in the governance of the platform, influencing product features and protocol development. With a capped supply of 100 million tokens and a circulating supply of around 4.12 million, XY Tokens are vital for the protocol's operation and growth.

Founders and Team

XY Finance was founded by Wilson Huang, a seasoned professional with extensive experience in programming and the crypto industry. The team includes over 25 experts, many of whom have backgrounds with the Ethereum Foundation, imToken, Yahoo, Mediatek, and IBM.

Where to Buy XY Tokens

XY Tokens are available on several exchanges, including XY Finance's own platform, 1inch, UniSwap, and Gate.io. The protocol continues to expand its exchange listings to increase accessibility for users.

What is unique about XY Finance (XY)?

XY Finance stands out for its comprehensive cross-chain capabilities, offering fast and secure token swaps through X Swap, and incentivizing liquidity provision with Y Pool. Its NFT aggregation platform, NFT Satellite, further enhances its utility across multiple blockchains.

Who are the founders of XY Finance (XY)?

XY Finance was founded by Wilson Huang, who has extensive experience in the crypto industry, including work with Bitcoin and the Ethereum Foundation.