Introducing Earth — Flagship CDP on XION
Get instant liquidity by minting stablecoin $ORE with $XION tokens.
Are you bullish on XION?
You should be!
We know how painful it is to sell your tokens especially when you are so bullish. But hey, life happens. You may need cash for personal expenses, or maybe just to ape across other shiny assets. You are out of cash and now thinking of selling your XION!
Oh no, not anymore.
Introducing EARTH on XION!
A collateralized debt protocol that allows you to mint XION’s native decentralized stablecoin $ORE using $XION tokens. Earth allows you to get instant liquidity against your assets without selling them. It’s a win-win, you get immediate cash, while you never lose your exposure on XION.
To get started, input the amount of XION tokens you want to deploy and instantly get a line of credit available for you. Choose how much stablecoin you want to mint and complete the transaction. XION’s wallet abstraction makes the transaction seamless with just a single click. You can always adjust your position by adding more XION tokens as collateral and/or minting more stablecoins as you want.
What more? Unlike other money markets where you pay a recurring & variable interest fee, Earth allows you to get liquidity at a fixed one-time fee. You know the cost of capital upfront and you can keep the stablecoin for as long as you want without paying anything extra. When you are done, you can repay the loan and withdraw your precious XION assets (along with all the upsides it has brought for you).
Testnet Launch
Earth is live on XION testnet. You can mint $ORE stablecoin using testnet XION tokens. Get started at https://xion.testnet.earthfi.org/.
If you need help navigating the application review our product guide at https://docs.earthfi.org/about-earth-protocol/xion-testnet-guide
Join the Earth community today and become an essential part of our journey.cn
Website: https://earthfi.org/
Testnet: https://xion.testnet.earthfi.org
Docs: https://docs.earthfi.org
Twitter: https://x.com/EarthDeFi
Discord: http://discord.gg/PbXud77YPd
