Save the Date: CrossFi 13th CSO Event on May 10th, 2024
We are excited to announce the upcoming CrossFi Swap Opportunity (CSO) event, providing our community members with a chance to participate and make substantial earnings. This will be the 13th CSO event, taking place on May 10th, 2024. We cordially invite you to join us and swap your CRFI tokens for Filecoins, unlocking new opportunities for profit.
CrossFi CSO #13 will occur on May 10th at 20:00 Hours SGT (UTC+8).
We extend a warm welcome to all participants, especially those who have experienced success in previous CSO events. We appreciate your continued support and look forward to offering you another remarkable opportunity.
To take part in this exciting event, make sure to stay logged into the Dapp prior to the event’s start. This will ensure a seamless experience and enable you to maximize your potential benefits.
A Brief Introduction to CSO
CSO is a Swap-and-Burn event designed to empower participants to earn liquidity and generate profits as CrossFi investors. This one-day event allows participants to exchange their CRFI tokens for cFILs, a synthetic filecoin pegged at a 1:1 ratio. By doing so, participants can earn interest based on the market-controlled price of the CRFI token.
The liquidity pool for CSO is derived from a 5% revenue generated by CrossFi’s borrow feature. It’s worth noting that the popularity of the CrossFi Borrow feature directly impacts the Filecoin pool for the next CSO. CrossFi Borrow provides users with a secure environment to create a filecoin synthetic asset (sFIL) and borrow Filecoins using sFIL as collateral.
Details on Filecoin Amount, Fees, and Limits
Here are the specific details regarding the number of cFIL (Filecoin), the Pool Capacity, the maximum participation amount per person.
Date: May 10, 2024
Time: 20:00 hours (UTC+8 Singapore Time) / 12 PM GMT
Total amount of cFIL (Filecoins): 775
Limited Swap: 195
Unlimited Swap: 580
Please note that the exchange will automatically conclude once the event timer expires. Any CRFI tokens deposited but not swapped during the event will be returned to the respective users. In the event that there are remaining cFILs at the end of the CSO, the remaining amount will carry over to the next CSO event.
For updates and announcements, we encourage you to follow the official CrossFi Twitter account and join our official Telegram group. If you have any questions or concerns, our administrators and helpful community members are readily available to assist you.
Don’t miss out on this exciting opportunity. Save the date, May 10th, 2024, and join us for an event that could unlock new possibilities for your investments.
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
