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Thursday

13 May 2021

This DeFi startup is trying to solve the liquidity problem for smaller crypto players

This DeFi startup is trying to solve the liquidity problem for smaller crypto players


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Its so-called DEX Liquidity Oracle (DLO) incentivizes and provides one-sided liquidity to tokens on DEXs, all while charting that liquidity and creating a synthetic curve—which synchronizes both the price and the DEX liquidity on-chain—to mimic CEX-like trading.

The collected liquidity generated by the token holders is then balanced with a stablecoin pair by XFai which then flows into the DEX, creating an optimized trading ecosystem with minimum slippage.

As users deposit a single token, they are exposed to price fluctuation on just that token (instead of double-sided exposure while providing liquidity on the likes of Uniswap).

Last week, XFai announced the launch of the DLO Partnership Program, a move that seeks to leverage the unique value offering of the DLO to invite small and medium cap tokens to the DeFi space while offering the project and the token holders’ participation in one-sided liquidity provision.

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