Dear X2Y2 Community,
We are thrilled to announce that we will be promoting the X2Y2 Loan to a top-level module within the X2Y2 ecosystem called X2Y2 Fi. This new module will provide specialized financialization services for NFTs and operate on a sub-domain "fi.x2y2.io" when ready.
By making X2Y2 Fi the same top-level module as our marketplace and assigning a dedicated dev team for it, we will significantly accelerate the speed of new feature rollouts. We have a wide range of innovative financial products that have been on our blueprint for a while, including cross-protocol lending and leveraged trading, which will be released soon.
Since our launch in Oct 2022, X2Y2 has become one of the biggest NFT Fi platforms in the market. We are proud to share that 25% of transactions and 10-25% of the total volume (weekly base) happen on our platform. We are grateful for the trust and support of our users, and we are committed to continuously improving our services.
As part of this transition, one of the first steps is to start charging a management fee for loans happening on X2Y2. This fee is an essential step for us as it will allow us to test and refine our new tokenomics carefully and precisely, ensuring that we can make the necessary changes while maintaining the integrity and stability of our platform. More details of this change will be revealed on our docs site.
We are excited about the bright future ahead for X2Y2 and X2Y2 Fi. We believe that our platform has the potential to revolutionize the NFT Fi market and bring greater value to our users.
Oh wait, there's “one more thing”! X2Y2 Fi is just the tip of the iceberg in the X2Y2 ecosystem. The ecosystem has some mind-blowing developments in the pipeline! So, strap in, stay tuned, and get ready for the ride!
TP / Founder of X2Y2
Dear X2Y2 Community,
We are thrilled to announce that we will be promoting the X2Y2 Loan to a top-level module within the X2Y2 ecosystem called X2Y2 Fi. This new module will provide specialized financialization services for NFTs and operate on a sub-domain "fi.x2y2.io" when ready.
By making X2Y2 Fi the same top-level module as our marketplace and assigning a dedicated dev team for it, we will significantly accelerate the speed of new feature rollouts. We have a wide range of innovative financial products that have been on our blueprint for a while, including cross-protocol lending and leveraged trading, which will be released soon.
Since our launch in Oct 2022, X2Y2 has become one of the biggest NFT Fi platforms in the market. We are proud to share that 25% of transactions and 10-25% of the total volume (weekly base) happen on our platform. We are grateful for the trust and support of our users, and we are committed to continuously improving our services.
As part of this transition, one of the first steps is to start charging a management fee for loans happening on X2Y2. This fee is an essential step for us as it will allow us to test and refine our new tokenomics carefully and precisely, ensuring that we can make the necessary changes while maintaining the integrity and stability of our platform. More details of this change will be revealed on our docs site.
We are excited about the bright future ahead for X2Y2 and X2Y2 Fi. We believe that our platform has the potential to revolutionize the NFT Fi market and bring greater value to our users.
Oh wait, there's “one more thing”! X2Y2 Fi is just the tip of the iceberg in the X2Y2 ecosystem. The ecosystem has some mind-blowing developments in the pipeline! So, strap in, stay tuned, and get ready for the ride!
TP / Founder of X2Y2
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To our incredible X2Y2 community, Three years ago, on February 6, 2022, we launched the beta of X2Y2 with all of you by our side. What a ride it's been. Together, we built something extraordinary—peaking as the 2nd largest NFT marketplace behind OpenSea, racking up $5.6 billion in all-time trading volume, and even today, holding strong as the 3rd largest in the game (via TokenTerminal). I look back on those wild days—the highs of the NFT boom, the lows of its fade—with nothing but gratit...
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Around two hours ago, the X2Y2 staking halving kicked in on block #14408224, and we noticed the APR dropped from ~1000% to ~160%, much lower than the expected 500%. After investigating the issue further, we discovered that a mistake was made in setting the initial parameters of the staking rewards contract.The first table shows the planned distribution of tokens while the second table shows how they were actually distributed as a result of the error. The error resulted in per stage having ins...
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X2Y2 Pro is pleased to announce a strategic partnership with MARBLEX, the blockchain subsidiary of Netmarble Corp. X2Y2 Pro is pleased to announce that it will support the Klaytn network and will officially handle and become the preferred marketplace for MARBLEX's second NFT collection(https://medium.com/marblex/ann-revealing-of-marblership-lunar-animals-269ad0a26b77 ), "Marblership Lunar Animals," scheduled for release in March 2024. MARBLEX Playground is a user-friendly ecosystem that ...
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