STATE OF THE ART TECHNOLOGY
Xion Global is building its platform at the forefront of technological innovation. They leverage the latest advances from the blockchain space, including upgradeable smart contracts, cross-chain communication channels, and meta transactions. Adapting to new changes and trends through their smart contracts’ upgradeability allows Xion Global to secure its position as one of the leading platforms in the DeFi space.
Their unique way of understanding users and combining these insights with the latest technological advancements has been the main driving force behind their success.
EXCEPTIONALLY LOW FEES
At Xion Global, customer and merchant satisfaction is our most important goal, building sustainable solutions for our users. While they are true believers in distributed technology and blockchain, they have spent a significant amount of time finding a perfect solution catering to their specific needs. By leveraging the xDai chain (run by PoA Network), the Xion Finance platform can be run at exceptionally low fees for users.
While a swap between two tokens on the Ethereum mainnet currently costs more than $50, we can provide the same functionality at a transaction cost of a mere fraction of a cent. This allows for faster and more efficient interactions with the blockchain. It also enables anyone to participate – not just the rich. We have already seen users invest one xDAI worth of tokens into our pool – something unthinkable on the Ethereum mainnet.
FULLY-FUNCTIONAL CROSS-CHAIN TOKEN
More and more projects are shifting their development towards more affordable and sustainable solutions like the xDai chain. However, there are plenty of projects unable to leave the Ethereum mainnet due to its composability aspects. While we want to provide the best experience for our users, we are firm believers of highly-decentralized networks and the composability aspect of Ethereum.
This is why we developed our token with a fully-function cross-chain mechanic. Our users can freely transfer their XGT tokens between the Ethereum mainnet and the xDai chain, leveraging the unique bridge system of xDai. Triggering a transfer from the xDai chain to the Ethereum mainnet, a signed message is being submitted to the Ethereum mainnet by a set of independent validators, enabling cross-chain communication.
This way, our users can benefit from the low-cost swaps and attractive liquidity mining while also participating in the greater DeFi system’s various opportunities on Ethereum.