X7 Finance and Xchange DEX

New project originally launched on Ethereum network will also be launching on 4 other chains simultaneously (Arbitrum, BNB, Matic, OP). So what is X7 Finance and Xchange DEX? What are the advantages it offers compared to other DEX’s in our space? Glad you asked…

• X7 is an ecosystem of innovative smart contracts that provide those with visionary ideas access to leveraged seed capital (e.g. Initial Liquidity Offerings, or ILOs) without lenders incurring the risk of losing the principal. This invention has massive implications not just for our users, but for all of DeFi.

• At its core, leveraged ILOs means anyone with a good idea can raise 10-1000X the amount of Eth in their wallet to launch projects on XChange DEX. These ILO’s are locked and liquidity cannot be rugged or hijacked by malicious dev’s. Currently there is over 150k and climbing in available ETH for projects seeking liquidity loans.

• Over time the network effect of product launches will result in billions of dollars in trading volume on Xchange, and the protocol will extend to other use case’s including but not limited to lending/borrowing, leveraged trading, liquidity locks, & more. Many projects are currently lined up to launch day one on Xchange, while others will be migrating liquidity and creating Xchange pairs.

• A novel DAO governance structure + IPFS hosted website ensures complete decentralization and censorship-resistance. No 3rd party centralized API’s stealing your user information and providing that data to unwanted groups (uniswap has a major issue with this I would encourage you to read more about the centralization inherent to UNI)

• All profits from the DEX goes back into the ecosystem (Tokens, Lending Pool, burning X7R). The tokenomics are designed to benefit holders of X7R (retail token) and X7 DAO (governance token).

• Auto routing on Xchange swap to the deepest liquidity pools. When you swap on Xchange it will automatically route you to the deepest liquidity regardless if it is through Xchange (the user wins)

•cheaper fee’s than uniswap .3% lp fee to .2%

I’m not here to shill, or to pump bags. I’m here because I’m a Defi Maxi and I truly believe in this project and hope this post helps others dig a bit deeper into X7 finance and the real utility and pain points it addresses in our market. There’s genuine utility here. Essentially, this is one of the first censorship resistant DeFi banks where the user can participate in lending protocols and profit through various means.

If you’d like to know more join the community on Discord, Telegram, Reddit, or follow the official X7 twitter account.

Happy researching,

Cheers.