🔎Vision

Market makers (trading giants or brokerage firms with deep regulatory and financial knowledge) have advocated the traditional order book centralized exchange. They demonstrate high liquidity in Centralized Exchange by making profits through huge bid and ask spreads.

However, the emergence of DeFi and DEXs has increased the adoption of Automated Market Generation (AMM) allowing retailers to also participate in market making and profit from transaction fees. In general, the function of the AMM can be formally generalized by a set of several mechanisms. These mechanisms define how users can interact with the protocol and how the protocol will respond to specific user actions.

Stylized AMM mechanism: General rules of AMM-based DEX:

⦁ The price of assets in the AMM pool remains unchanged for withdrawals and provides pure liquidity.

⦁ The AMM group invariant remains the same for pure swap operations.

AMM Exchange allows market makers to collect their coins to become giant automated market makers. Traders can trade tokens on these pools according to a deterministic algorithm. However, some issues also affect AMM, such as low capital efficiency, temporary loss and pre-run,

The original Ethereum launched the world of DeFi applications. It shakes the monopoly of the world's centralized financial giants. The total value locked in decentralized application is increasing year by year and DeFi is expected to dominate the financial space in the nearest future. The Binance Smart Chain network has also been adopted recently because of its low transaction fees and faster transactions. The network has enhanced the world of DeFi, thereby allowing developers across the globe to express their creativity. XFunder aims to be the staking, trading and investment tool that will connect the DeFi world and the blockchain future. The XFunder AMM protocol runs several reward programs (XE,USDT, BNB..), including liquidity rewards, Special Groups, Yield Farming, admin rights, and distributed security rewards for different actors to encourage participation and contribution. With a commitment to attractive and highest profit in the market right now.

⦁ Liquidity Bonus: LPs are rewarded for providing assets to the liquidity pool, as they incur an opportunity cost associated with funds being locked in the pool. The LPs receive a portion of the transaction fees paid by the exchange users. At XFunder, users provide liquidity for swaps that pay dividends up to 0.2% per trade. Especially for trading pairs involving XE, this returns up to 0.6% per trade. This return is more attractive than many other platforms, ensuring a large amount of liquidity poured into the XFunder platform when we launched.

⦁ Special Funds: Stake on Special Funds that allow you to earn XE or other tokens while you sleep! It's simpler than farming with XFunder YieId Farm, because unlike Farm, you only need to stake one token to start earning: usually XE Stake XE, earn free tokens . It is really easy. Some special pools also allow you to stake tokens other than XE !

⦁ Yield Farming: Yield farming is an important aspect of the DeFi ecosystem as it supports the foundation of DeFi protocols to enable exchange and lending services. It is also necessary to maintain the liquidity of crypto assets on XFunder. Productive farmers can also earn rewards in the form of APY. Yield Farms allows users to earn XE while supporting XFunder by staking LP Tokens.

⦁ Governance: XFunder can incentivize liquidity and/or swaps by rewarding participants with governance rights in the form of protocol tokens. AMMs compete with each other for money and trading volume. To launch an AMM on XFunder in the early stages with To encourage early pool setup and trading, a feature known as liquidity mining can be installed where native protocol tokens are minted and released to LPs and/or exchange users.