Weekly Update #6

XFai
XFai-official
Published in
3 min readNov 19, 2021

Hello X-Force! We hope everyone is excited for our revolutionary DEX — and we are thrilled about the journey that is ahead of XFai. We hope that our XForce is pleased to see the positive price action that the XFIT token has enjoyed in recent days — this shows a strong sign of support from our community and shows that investors are ready and anticipating the next stages of XFai’s progression.

In the midst of all of the excitement, XFai’s goal remains consistent: we are dedicated to bringing much-needed change to DeFi. Without further ado, we would like to share what we have to update you on thus far!

Current Product

  • UI of the new DEX: We are nearly complete with designing and coding our DEX’s UI. We have posed an interesting challenge in our focus to ensure the UI would be the most user-friendly, whilst bringing something different from other platforms. We’re confident that we have achieved this goal — clean, easy to use, combined with XFai’s flair and color.
  • New whitepaper: XFai has evolved considerably since its conception — which means that our current literature does not explain the scope of the project to date. This necessitates a whole new whitepaper and additional content that explains what XFai is, what we’re doing and why, and how we’re going to do it better than anyone else. We’ll also have a roadmap to accompany this. We’re in the process of rewriting the previous whitepaper and planning and creating the supporting content which we are excited to share with you in time.
  • Redeploy Farming page: We noticed some errors in our farming page resulting in high gas fees. This is a temporary frontend issue and doesn’t affect anything at the contract level. We are fixing the issues and will let you know when completed soon.

DEX Development

  • At present, the Periphery Contract is our utmost priority. The Periphery Contract is connected to security and impacts how our partners will launch their tokens on our DEX and how it interacts with our contract. Our aim is to minimize the integration time by ensuring that it is as developer-friendly as possible so that integration is not complex.

Marketing

  • Just as the DLO evolved into the DEX, our image is evolving to suit our goal and purpose. Put simply, we’re having a new make-over — and we plan on coming first place in this pageant. With this rebrand, you can expect to see a new page will focus only on the dex and its features to bring clear attention to XFai’s product. To plant the seeds of imagination — it will be much like the main page of gnosis-safe.io in style. This rebranding will help bring XFai’s appearance in keeping with the groundbreaking technology that we are bringing to market.

As always, we are grateful for your support and wish you very happy farming!

May the XForce be with you!

About XFai

XFai develops tooling for the DeFi space, graphing it to build game-changing products. The XFai DEX is set to invite mid and small-cap tokens to start earning APY on their token holdings. We are aiming to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage. The LGE for XFai’s native token, XFIT, was launched on 16th April 2021. We invite everyone to join the DeFi revolution, spearheaded by XFai.

Reach XFai

Website | Telegram | Telegram Announcement| Twitter | GitHub

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XFai
XFai-official

XFai develops tooling for the DeFi space – we graph the DeFi space to build game-changing products. Starting with the DLO: the DEX Liquidity Oracle