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💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
💯⚡️🧙♂️🪞$VVV Spotlight
A common speculation in innovation today is the crossroads of crypto and AI. In December 2024, at the peak of recent market participation, many projects launched as little more than chatbots with a tokens sharing the same name. Yet, a few stood out with promise. Take AgentXBT ($AGXBT), for instance, which uses its token as a paywall to access its model—holding the token grants users access to prompt the AI. 🌁 Today, I want to highlight Venice.ai’s $VVV token, now enabled on Sideshift.ai. Use...
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💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
💯⚡️🧙♂️🪞$VVV Spotlight
A common speculation in innovation today is the crossroads of crypto and AI. In December 2024, at the peak of recent market participation, many projects launched as little more than chatbots with a tokens sharing the same name. Yet, a few stood out with promise. Take AgentXBT ($AGXBT), for instance, which uses its token as a paywall to access its model—holding the token grants users access to prompt the AI. 🌁 Today, I want to highlight Venice.ai’s $VVV token, now enabled on Sideshift.ai. Use...
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Today's spotlight is on Sideshift.ai's very own $XAI token! A common question within the crypto community is, "Where does the yield come from?" By reviewing the platform, the token, and its yield barring staked token, let's answer that question.
Sideshift.ai, launched in 2018, offers users direct wallet-to-wallet trading. With over 200+ tokens to choose from across various networks and their L2s, the platform provides a comprehensive trading experience.[1]
Additionally, Sideshift.ai offers a protocol API endpoint for other projects wishing to integrate the exchange into their systems.[2] The platform generates revenue from trading fees on the website, affiliates using the API, and the recently launched Sideshift.ai Telegram Trading Bot.
$XAI is the token used to onboard all Sideshift.ai activities. Initially, the token was used to raise capital for the project. Since then, it has served to reward holders, affiliates, and referral incentives while capturing the protocol's cash flow.
In 2022, the staking mechanism moved on-chain, leading to the launch of $svXAI, the yield-bearing staked token. Users who stake $XAI into the Sideshift.ai vault receive $svXAI, which reflects their position size. [3]
25% of the daily revenue is distributed in the form of $XAI to $svXAI holders. When users unstake their $svXAI position, they receive back the principal $XAI amount plus any yield accrued during their staking period.
The APY of the yield ultimately depends on the exchange's daily volume. Users can review the DefiLlama page to see past performances. (This is not financial advice, do your own research.)
https://help.sideshift.ai/en/articles/4559632-what-is-sideshift-ai
https://help.sideshift.ai/en/collections/1629002-integrating-sideshift-ai
Today's spotlight is on Sideshift.ai's very own $XAI token! A common question within the crypto community is, "Where does the yield come from?" By reviewing the platform, the token, and its yield barring staked token, let's answer that question.
Sideshift.ai, launched in 2018, offers users direct wallet-to-wallet trading. With over 200+ tokens to choose from across various networks and their L2s, the platform provides a comprehensive trading experience.[1]
Additionally, Sideshift.ai offers a protocol API endpoint for other projects wishing to integrate the exchange into their systems.[2] The platform generates revenue from trading fees on the website, affiliates using the API, and the recently launched Sideshift.ai Telegram Trading Bot.
$XAI is the token used to onboard all Sideshift.ai activities. Initially, the token was used to raise capital for the project. Since then, it has served to reward holders, affiliates, and referral incentives while capturing the protocol's cash flow.
In 2022, the staking mechanism moved on-chain, leading to the launch of $svXAI, the yield-bearing staked token. Users who stake $XAI into the Sideshift.ai vault receive $svXAI, which reflects their position size. [3]
25% of the daily revenue is distributed in the form of $XAI to $svXAI holders. When users unstake their $svXAI position, they receive back the principal $XAI amount plus any yield accrued during their staking period.
The APY of the yield ultimately depends on the exchange's daily volume. Users can review the DefiLlama page to see past performances. (This is not financial advice, do your own research.)
https://help.sideshift.ai/en/articles/4559632-what-is-sideshift-ai
https://help.sideshift.ai/en/collections/1629002-integrating-sideshift-ai
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