Save the Date: CSO #17 is Coming on May 10th, 2025.
We are excited to invite our community members to participate in the upcoming CrossFi Swap Opportunity (CSO) event, which marks our 17th CSO. This event will take place on May 10th, 2025, and we encourage you to join us in swapping your CRFI tokens for Filecoins, with the potential for significant earnings.
Event Details:
- Date: May 10, 2025
- Time: 20:00 Hours SGT (UTC+8) / 12 PM GMT
We are honored to welcome you to this round of our CSO. We believe that our loyal participants from previous events have experienced considerable success, and we look forward to another fruitful session.
To participate in this remarkable opportunity, please ensure you are logged into the Dapp prior to the event start time.
A Brief Introduction to CSO
CSO is a Swap-and-Burn event designed to help participants earn liquidity and profits as CrossFi investors. This one-day-only event allows participants to exchange their CRFI tokens for cFILs, a synthetic filecoin pegged at a 1:1 ratio. In return, participants can expect to earn interest based on the market-controlled price of the CRFI token.
Supporting Ecological Development
In line with our commitment to ecological and community development, we have decided that starting with this CSO, the collected CRFI tokens will not be destroyed. Instead, they will be allocated for ecosystem development rewards following the launch of our decentralized exchange (DEX). This initiative aims to incentivize community participation and foster ecosystem prosperity.
The primary uses of the tokens in ecosystem development will include:
- Liquidity mining rewards in the DEX
- Trading mining rewards
- Community governance and voting
- Holding rewards
- Trading discounts
- Incentives for ecosystem partners
- Developer incentive programs
- Community activities and airdrops
- Reserves for the ecosystem fund
Information about Filecoins, Fees, and Limits
Here are the specifics regarding the number of cFIL (Filecoin), Pool Capacity, maximum participation amount per person, and the CRFI to cFIL Swap Ratio:
- Total amount of cFIL ：550 cFILs
- - Limit swap：137.5 cFILs
- - Unlimit swap：412.5 cFILs
Please note that the exchange will automatically conclude once the event timer elapses. Any CRFI tokens deposited but not swapped during the event will be returned to the respective users. If there are any cFILs remaining at the end of the CSO, the remaining amount will carry over to the next CSO event.
We encourage you to follow the official CrossFi Twitter account and join our official Telegram group for updates and announcements. If you have any questions or concerns, our administrators and supportive community members are always ready to assist you.
Don’t miss this exciting opportunity! Save the date, May 10th, 2025, and get ready to unlock new possibilities for your investments.
