Offshift (old)XFT
$1.74
Market/Exchange
XFT Price Prediction and Price Movement
XFT is up 60.1 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of XFT can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, XFT has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on XFT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Offshift (old) Price Chart
About Offshift (old)
What is Offshift (XFT)?
Offshift is pioneering Private Decentralized Finance (PriFi) with an ecosystem of Private DeFi Applications that confer and protect various elements of privacy, anonymity, and confidentiality on Ethereum Layer 1. All Offshift Ecosystem PriFi Applications are powered by XFT, and leverage real time price feeds from Chainlink’s decentralized oracle network to enable users to mint an array of private synthetics.
The Offshift Ecosystem’s debut platform, Offshift anon, is currently in development, and its most up-to-date Development Roadmap has been publicly released.
Offshift also delegates various decision making powers and responsibilities to its community via the Offshift DAO.
What is the Role of XFT in the Offshift Ecosystem?
XFT is the native utility token of the Offshift Ecosystem, and it plays an integral role in all PriFi Applications’ Tokenomics. Via Offshift’s Burn-and-Mint Mechanism, users burn XFT in order to mint an array of private synthetics, and conversely burn their private synthetics to mint XFT back on the public side.
How Many XFT Tokens are in Circulation?
Offshift launched on Uniswap in August, 2020 with 10 million XFT tokens generated at genesis. The Offshift Ecosystem’s Burn-and-Mint Tokenomics employ an elastic supply model for XFT, and as such there exists no upper cap or lower cap on the circulating or total supply of XFT. However, XFT does not possess any inherent inflationary or deflationary monetary attributes. Until the Offshift Ecosystem launches its debut platform, Offshift anon, the supply of XFT will remain fixed at 10 million tokens.
Who are the Founders of Offshift?
Aside from fully doxxed CSO Alex Shipp who represents the project in public engagements, Offshift Core is the anonymous team developing the Offshift Ecosystem. Offshift Core has developed a trusted reputation for its thorough privacy research, development, and execution. To access the latest news and developments, follow Offshift on Twitter, join the community on Telegram, and visit the official YouTube channel for project updates, interviews, and more.
Where Can I Buy Offshift (XFT)?
XFT is available for trading on a growing number of DEXs (Decentralized Exchanges), including Uniswap, SushiSwap and Balancer on Ethereum, and PancakeSwap on Binance Smart Chain.