Introduction

XSwap Protocol is the 1st AMM (Automated Market Maker) & launchpad on XDC network powered by XDC. You can track and monitor XRC-20 tokens listed in their DEX. In there, total liquidity, 24h volume, and transactions in the past 24 hrs as well as top pairs for each token will be shown. You can get reports and information about specific XDC addresses in XSwap analytics.

What is XDC Network

XDC is a hybrid blockchain platform that is built to modernize the global trade and finance sector through an accessible, efficient, and highly versatile decentralized infrastructure solution.

XDC is designed to complement the legacy financial ecosystem by providing a permissioned blockchain that governments, enterprises and private firms can use to overhaul their tech stack and power a range of novel use cases.

XDC is the coin of XDC network, and it will be used in XDC Swap as a mediator, just like Ethereum ETH in Uniswap’s AMM.

XSwap's Vision

• Give many emerging projects under the XDC (XinFin) network the opportunity to enter the market directly after the completion of the development period. 

• Connect all XRC20 tokens in our platform. 

• Allow swappers to swap and earn from XSP Ecosystem. 

• Create an Android app (by their Developers) to facilitate easy use and navigation of their platform, and all other XDC dApps.

SWAP

XSwap is an Automated Market Maker (AMM), and the Exchange is the heart of XSwap. XSwap is the leading AMM on the XDC Blockchain, and as statistics tell, the most popular Decentralized Exchange (DEX) ever!

The XSwap Exchange offers several features that support decentralized trading:

Swapping/Trading- XSwap lets users trade without the need to go through a Centralized Exchange. Everything you do on XSwap is routed directly to your own XDC wallet—no need to trust someone else with your coins!

Liquidity Pools- You can only swap tokens on XSwap if there is enough liquidity for those tokens. If nobody has added much liquidity for the token or tokens you want to swap, it will be difficult, expensive, or impossible to do the swap.

When you provide liquidity, you will get Liquidity Pool (LP) tokens. The number of LP tokens you receive represents your portion of the LP. This enables you to earn rewards in the form of trading fees. When someone trades, a portion of the transaction fee that the trader pays is added to the LP of the swap pair they traded on. The fees collected gets distributed to the LP providers proportionally.

Yield Farming- Yield farming lets users that are providing liquidity earn XTT rewards by locking their LP tokens into a smart contract. The incentive is to balance out the risk of impermanent loss that comes along with locking in your liquidity.

Unlike Pools, Farms require you to stake two tokens to get LP Tokens, XSP2, which you then stake in the Farm to earn rewards. This lets you earn XTT while still keeping a position in your other tokens!

Pools-Stake XTT- Pools are the simplest way to earn free tokens on XSWAP. Stake XTT earn free tokens. It’s really that easy. XSwap offers one XTT Pool with two staking options: flexible staking or fixed-term staking. With both, you can simply stake your XTT tokens to earn more XTT tokens with no deposit fees—both staking options auto-compound XTT rewards for you. Flexible staking allows users to stake XTT and earn rewards with the ability to unstake whenever they please. Fixed-term staking allows users to maximize their yield and earn even more XTT by locking their staked XTT for a period of time they choose, earning a linearly boosted APY compared to flexible staking.

Flexible staking and fixed-term staking are both part of the same pool to allow users easy migration between the two staking options. Because of this, you can only choose one staking option at a time.

XSwap Wallet

The XSwap Wallet is the best crypto wallet to store, earn and grow your XRC20 tokens – it is a non-custodial Defi wallet where you own your crypto and your private keys. It allows users to experience a more simplified approach of connecting to various dApps in the XDC Network. You can safely store your XRC20 tokens in a highly secure environment.

It gives the user the ability to interact with various distributed apps. In the main screen, user can send and receive funds, and monitor their tokens. Through the web browser, users can connect to dApps, with XSwap Protocol AMM DEX, staking, launchpad, farming and governance platforms as defaults, to stake, swap, add liquidity pools, farm LP pools and tokens and access the launchpad and governance platform. XSwap wallet also comes with Wallet Connect which allows the user to easily connect their wallet to dApps and Web3 apps by scanning a QR code.

Decentralized

Your funds are completely decentralized when you use XSwap wallet to store your tokens or manage your accounts. You have full control of your crypto with private keys.

Convenient

XSwap Wallet features a multi-wallet function wherein you can have multiple wallets under Manage Wallet. You can import your existing wallet for the first time using your 12 word seed phrase and any succeeding wallets can be imported using your private keys. You can also create more wallets under this option. You can easily connect to XSwap DEX to swap, add liquidity or farm your XRC20 tokens, XSwap Staking platform to stake XSP, XSwap Launchpad to invest in new tokens in the XDC Network, XSwap Farms to stake LP tokens or XTT to earn rewards or to XSwap Governance to exercise your right to vote. You also have the ability to connect to some other dApps aside from XSwap through the web browser.

Secure

Your private keys are encrypted locally on your device protected by PIN security to access the application. Your app wallet has its own password protection. You can secure your wallet using the fingerprint option if your device supports it.

Flexible

Send and receive XRC20 tokens across wallets at faster transaction speed and low transaction fees.

Simple

Their simple and user-friendly interface helps you navigate through your wallet.

Integrated With Wallet Connect

Explore other DeFi protocols by scanning the QR code with WalletConnect inside the XSwap wallet.

Governance

The focal point of most DeFi projects nowadays is the presence of the governance tokens. They are regarded as the basic foundation of all things decentralized. Developers will not be able to take pride in saying that they have built a truly decentralized platform which is better than centralized exchanges (CEX) in the absence of these tokens.

In a bid to become a fully decentralized exchange in the XDC blockchain, XSwap Protocol has already released their governance token, XSP. They have also just launched their governance platform. This is in line with the team’s plan to promote inclusivity and to enable their token holders to have a voice in the platform’s future. Token holders will now have a say on how the project will be run by just holding, staking or farming XSP.

XSwap is ultimately governed by its community through forum discussions, and whenever appropriate, voting on proposals held on XSwap Governance.

Only team members can post proposals on the XSP Governance. It is important to note that once a governance proposal has been created by the Core team, any tokens moved to another wallet are no longer counted in the votation. This eliminates the possibility of someone from moving tokens from wallet to another to gain more votes. Each XSP token is equivalent to 1 vote and you can choose 1 option from the selection provided. The selection that gets the highest votes after the close of the votation wins.

Tracking XSWAP