“A closer look to the Xerxes Finance Ecosystem”
Xerxes Finance is the next
generation of deflationary index
fund, but kinda’ little bit
different.
It is an investment project
where DeFi is being used in.
Lending will be our main
purpose in Xerxes Finance
Ecosystem.
Xerxes Finance is an investment
program and consists of two
deflationary assets named:
Xerxes (XRX) - Main Token of
the project
Total supply: 3,000 XRX
Spartans (SPR).
Total supply: 300 SPR
Our big focus is the
development of a strong and
large community, we see the
value of the currency in its
community, and will ensure the
long term durability of
development, innovation and
use of these two assets.
Main purpose of the project is
to get the most interest from
staking, lending, and earning
fees, and enjoy rewards for
being a liquidity provider.
DEFLATIONARY TOKEN
Xerxes (XRX) is a deflationary
token. It has a burn power of 1%
on every transaction. XRX as an
index fund is good in the XRX
Finance ecosystem. It was listed
on Uniswap and considered
now as an ETF.
Demand + Supply = Price
Demand + Supply = Price
Demand + Supply = Price
Since its deflationary, people
who contributes to token lock,
and providing liquidity to such
pool can help promote its
scarcity, the more they hold, the
more they earn.
If the demand is high, then the
price may eventually go up.
Please look at Figure 1.
ECOSYSTEM OVERVIEW
Xerxes Finance consists of three
earning strategies:
1. Lending
2. Supplying Capital (Liquidity
Provider/ Pool)
3. Staking LP Tokens
LENDING
This is a program where you
lend your XRX in a long period
of time.
Users simple need to buy XRX
and deposit it to specific
address to join the program.
Each investor who lend their
tokens will receive daily
earnings of 1%
LENDING
The program has two contract
offer:
90 days period
You will lend your XRX to us, and we
will give you 1% daily earnings and
will be paid on the 7th day.
This contract will end upon reaching
the 90 days period and we will THE 90% LENDED XRX
TO YOU.
120 days period contract
You will lend your XRX to us, and we
will give you 1% daily earnings and
will be paid on the 7th day.
This contract will end upon reaching
the 120 days period and we will
RETURN THE 90% LENDED XRX
TO YOU.
SUPPLYING CAPITAL
As a Liquidity Provider:
Adds XRX/ETH to uniswap pool.
He will also earn 1% daily
interest and will be paid on the
7th day as long as he didn’t pull
out his share from the pool, or
as long as he completed 7 days.
WHAT IS LIQUIDITY POOL?
Its basically a smart contract
that contains funds. In return
for providing to the pool, LPs get a reward.
That reward may come from
fees generated by the
underlying DeFi platform, or
some other source.
But the basic idea is that a
liquidity provider deposits
funds into a liquidity pool and
earn rewards in return.
STAKING LP TOKENS
The largest pivot will be XRX
plugged to other pools in
Balancer to yield farm using the
X-Token (XRX/ETH – UNI-V2).
We will not abandon the idea of
pooling this LP token to
balancer.
X-Token is a liquidity token
created when you provide XRX
and ETH to the uniswap pair. In
this case, the symbol will
appear as UNI-V2 but well be
referring to it as X-Token.
PERCENTAGE YIELD IN XERXES
FINANCE ECOSYSTEM
Ways Token/Contract Earned %
Lending 90 days contract 30% earned from
total lend XRX
every month.
180% profit in 90
days.
120 days contract 30% earned from
total lend XRX
every month.
210% profit in 120
days.
Supplying Capital
(Liquidity
Provider)
XRX (50%)
ETH (50%)
Around 38% APY
from earned fees.
30% interest
earned rewards
from total pooled
tokens.
X-Token
Combination of
XRX/ETH – Uni
V2
UNI-V2 LP Token
Soon to be
plugged to more
pools like
Balancer.
To be determine.
TIMELINE FOR REWARDS
Date 7th 7th 7th 7th 7th 7th
Lending / / / / / /
LP / / / / / /
The earned daily 1% interest will be sent directly to
your wallet on the 7th day.
Its more than a meme coin, its Defi.
Lending and Supplying Capital is now live on Xerxes
Finance, you can contact admins on telegram for
extra assistance.
XERXES TOKEN POOL
X-Token
A uniswap LP Token (UNI-V2) that
allows exposure to deflation safely.
Consists of XRX/ETH – 50%/50%
ratio.
Useful links
Twitter: https://twitter.com/CommunityXerxes
Website: https://xerxes.finance
Telegram: https://t.me/xerxescommunity