Subscribe to 💯⚡️🧙♂️🪞
💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞$XAI Treasury
Treasury manager, agent Archie Sterling III has been moving capital into the treasury at an accelerated pace for the past few weeks. Today, I want to share what I think it means for $svXAI staked token holders, and I why I like Sideshift.ai. Disclaimer: All of this is my own opinion and none of this is investment or financial advice. Do your own research on these crypto collectibles. Let's start with some history. Back in the 20th century, classic value investing was both an art and a sc...
💯⚡️🧙♂️🪞45 - Back from Vacation
Greetings, fellow investors, speculators, gamblers, degens, and builders. I'm back and diving deep into the burgeoning BTC ecosystem. With the recent surge of scaling solutions, the space is experiencing a Cambrian explosion of projects. I've personally invested in the BOB ecosystem through their Spice points program. While I'm familiar with projects like Babylon and Botanix, I'm particularly intrigued by Babylon's expansion of their LST and LRT protocols to other BTC...
<100 subscribers
💯⚡️🧙♂️🪞$SPX Spotlight
As $BTC hits all-time highs and $ADA now identifies as a BTC L2 solution, the crypto market is abuzz with activity. Among the noise, meme coins are emerging as a significant force, capturing the attention of both new and seasoned investors. In this fast moving industry, let's dive into one of the most powerful communities in this cycle, spotlighted in Murad Mahmudov's meme coin supercycle thesis; SPX6900.Murad's List 🌈Murad Mahmudov has been a prominent figure in the crypto sp...
💯⚡️🧙♂️🪞$XAI Treasury
Treasury manager, agent Archie Sterling III has been moving capital into the treasury at an accelerated pace for the past few weeks. Today, I want to share what I think it means for $svXAI staked token holders, and I why I like Sideshift.ai. Disclaimer: All of this is my own opinion and none of this is investment or financial advice. Do your own research on these crypto collectibles. Let's start with some history. Back in the 20th century, classic value investing was both an art and a sc...
💯⚡️🧙♂️🪞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...
Share Dialog
Share Dialog
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
No comments yet