Our #12 CSO Event is Coming Up!
We present an opportunity for community members to partake in our forthcoming CrossFi Swap Opportunity (CSO) event. This is the 12th CSO event coming up on 10th February, 2024. As usual, we invite you to participate and try to swap your CRFI tokens for Filecoins while making substantial earnings.
CrossFi CSO #12 is on 10th of February at. 20:00 Hours SGT (UTC+8)
We have the honor of welcoming you to this round of our CSO, and are sure that frequent partakers of previous versions of our CSO recorded certain successes in the past.
To be part of this remarkable opportunity, you are required to stay logged into the Dapp before the start of the event.
A Brief Introduction of CSO
CSO is a Swap-and-Burn event aimed at allowing participants to catch sight of earn liquidity and make profits as CrossFi investors. It is a 1-day-only event. Usually, participants are given the chance to barter their CRFI for cFILs (a 1:1 pegged synthetic filecoin). In turn, they can expect to earn interest generated from the expected exchange of CRFI token market-controlled price.
CSO derives its liquidity pool from a 5% revenue which the CrossFi’s borrow feature generates. And, notably, the higher the popularity of the CrossFi Borrow feature, the higher the Filecoin pool for the next CSO. CrossFi Borrow provides a healthy environment for users to create a filecoin synthetic asset (sFIL), and borrow Filecoins with sFIL as mortgage.
Information about Number of Filecoins, Fees, and Limits.
The exact number of cFIL (Filecoin), the Pool Capacity, the maximum participation amount per person and the CRFI to cFIL Swap Ratio are as follows:
Date: 10/02/2024
Time: 20:00 hour (UTC+8 Singapore Time) / 12 PM GMT
A total amount of 685 (Filecoins)
Limited Swap: 172 cFILs
Unlimited Swap: 513 cFILs.
We want to urge you to note that the exchange will be automatically terminated once the timer on the event elapses. Any deposited CRFI tokens that weren’t swapped during the event shall be returned to the users concerned. In another case, if there exists any cFIL at the end of the CSO, the inspected amount will be carried over to the next CSO.
You are advised to follow the official CrossFi Twitter account and the official Telegram group for updates and announcements. If you have any questions or doubts the admins and highly cooperative community members would be ever ready to tick them off your box.
CrossFi is a cross-chain protocol that provides liquidity to Filecoin staking and rewards.
CrossFi Official Website: https://crossfimain.com
CrossFi DApp Address: dapp.crossfimain.com
CrossFi Official Twitter Account: https://twitter.com/globalcrossfi
CrossFi Official Discord Group: https://discord.gg/UKGSX3VBY3
CrossFi Official Global Telegram Group: https://t.me/crossfimain_en
