XFai Launches $XFIT in DeFi’s First Ever Liquidity Generation Event Tech giants back industry-first event set to raise the bar for DeFi oracles
April 15, 2021 10:00 ET | Source: XFai XFai Grand Cayman, Cayman Islands,
Grand Cayman, Cayman Islands , April 15, 2021 (GLOBE NEWSWIRE) Decentralized oracle service provider XFai has launched its Liquidity Generation Event today, the first ever in the DeFi sector of the blockchain and cryptocurrency industry.
The new funding model is a progression from the outdated Token Generation Event and will allow participants to add the service’s native $XFIT token to a liquidity pool automatically. This saves participants 75% on gas fees and avoids common issues in the space such as slippage, failed transactions, and impermanent loss.
XFai Launches $XFIT in DeFi s First Ever Liquidity Generation Event
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