Xion Liquidity Pool
In order to give the XGT token a real value, it needs to be tradeable with other assets, preferably to a comparatively stable token like xDAI. In order to do this, we have created an xDAI <-> XGT liquidity pool, where anyone can provide liquidity and trade xDAI with XGT and vice versa, with a 0.3% fee for every trade.
Our smart contracts have been built by industry-leading experts with many years of experience in the DeFi and security space. Through Honeyswap we are making use of the heavily battle-tested Uniswap V2 Contracts, allowing our users a safe and secure trading and farming of XGT.
Our trading pair xDAI-XGT is already in the Top 10 pairs on Honeyswap, with a total value locked $110k+ in just a few days and current APY at 132.10%. Farmers can either use Honeyswap or go directly to Xion.finance to start farming or swapping XGT <> xDAI.
Additionally, incentive mechanisms have been built around accruing high liquidity for XGT, in order to protect our users from price swings.
Any liquidity provider can withdraw their shares of the pool at any time, at which time they will also receive their share of up to 0.3% of trading fees that have been accrued while they were part of the pool.