XSP
XSwap ProtocolXSP

XSwap Protocol current price (XSP)

$0.0138

74.63%
Trading Volume (24h)
$2,303,160.68

Market/Exchange

Exchange
Currency Pair
Price
Trading Volume (24h)
Bitrue
Bitrue
XSP/USDT

XSP Price Prediction and Price Movement

XSP was added for less than three months and has a low rank at 3108 on CoinMarketCap, we predict that both price and market capitalization of this coin will be very volatile and traders should be extremely cautious while investing in XSP. It is possible that this coin can go up drastically while it is equally likely that it may go down heavily. So be careful and only invest in what you are willing to lose.

Please note that this analysis is purely base on XSP'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.

XSwap Protocol Price Chart

About XSwap Protocol

XSwap protocol is an automated market maker for XRC20 tokens built on the Xinfin Network (XDC)

XSWAP is focused on building the challenger of BSC-based PancakeSwap (CAKE) and Ethereum-based Uniswap (UNI). As such, empowering crypto enthusiasts with secure, fast and resource-efficient instruments for peer-to-peer exchange of digital assets are its primary focuses.

Released on top of the XinFin XDC Network, XSWAP facilitates exchange between XRC-20 tokens (standard similar to ERC-20 on Ethereum and TRC-20 on Tron).

Besides a reliable exchange and liquidity ecosystem, XSWAP will also be a gateway to crypto markets for early-stage products of all sorts.

XSWAP devs have chosen XinFin XDC Network as a technical basis for their product for a number of reasons. First of all, it is a holistic approach of the XinFin XDC Network: the platform is suitable for many use cases crucial for governments, private firms, research teams and so on. Its hybrid architecture makes XinFin a versatile and efficient distributed solution.

Then, XinFin XDC Network processes more than 2,000 transactions per second with two-second latency.

The core native asset of XinFin XDC Network, XDC coin, will be used as a mediator in XSWAP operations. Staking, farming, token allocation: XSWAP shares the details of its tokenomics model

XSWAP boasts a native high-performance automated market making engine. Liquidity providers will lock their XRC-20 tokens in various pools to earn periodic LP rewards. Thus, farming is the simplest passive income opportunity for crypto enthusiasts with various levels of expertise.

Also, XSWAP will have its own native staking module. Unlike with liquidity farming, with the staking module, users can benefit from injecting liquidity into a single token.

XSWAP will have its own core utility and governance token, XSP, with an aggregated token supply limited at 13,000,000,000 coins. Ten percent of tokens are locked for the team and founders with 30-month vesting. A total of 130 million XSP tokens will be unlocked every 90 days.

Twenty-three percent of tokens will be released for public sale. A total of 20% tokens will fuel the listing campaign and a number of partnerships. The most impressive share of the token supply, 47% of XSP, will be allocated to bootstrap XSWAP ecosystem progress. Last but not least, a significant percent of the XSP supply will be distributed between bounty hunters, airdrop participants and ambassadors.

Also, XSP tokens will be utilized for additional rewards within staking and farming programs.