X7 Finance

@x7finance

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60 Followers

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FATHER token was deployed yesterday on Base Sepolia testnet in just a few minutes using our CLI tool. X7 is breaking down the barriers to launch tokens, with a massive Lending Pool raring to provide initial liquidity for a new wave of projects. https://sepolia.basescan.org/token/0xe47322eb1ac8880af12853e9fc6d9c31037b1a63

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Incredible article about X7 and a truly pioneering journey that has taken place behind the scenes. Please take a few minutes to read. https://x.com/cryptod0c_/status/1798033633359610312

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X7 ecosystem contracts have been deployed on Base testnet. Things are heating up.

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Tomorrow 5/16 @ 7pm UTC Telegram VC - Bull Case For X7 Topics: - Token Release Schedule - Airdrop Details - Tech Updates Giveaways: We'll be giving away 50k X7R in a contest to be announced tomorrow. We'll be giving away 10k X7R to a random live listener on the VC. https://t.me/x7m105portal

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Xchange will be the simplest, most efficient and cost effective place to deploy your smart contract + AMM pool. CLI is under active development as a tool for devs to quote deployment and liquidity loans, test the Xchange environment, and even deploy directly if desired.

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Trading on Xchange is almost live. Sneak peak below...

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X7 is weeks away from launching its ecosystem tokens on Base. Holding the tokens on Ethereum will secure eligibility for an airdrop on Base. Stay tuned for details. 🔥🔥🔥 🔵 🔵 🔵

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Xchange offers "bring your own RPC" (BYORPC). Users have the option to run entirely decentralized with all quotes and calls through their own RPC. Xchange can also be run locally on your own machine, operating at blazing speeds with zero outside or third party connections. This is quite relevant to recent "DEX" news.

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X7 Finance, at its heart, is a decentralized bank and financial services ecosystem. It has a DEX, Xchange, it will have a yield bearing asset X7D staking NFTs, and it has a revenue and profit distribution system which will allow it to fold any ancillary business units into the ecosystem. Sound big? Think bigger.

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X7 as a protocol and as a DAO funded open source decentralized exchange has a future measured in years and decades, not weeks and months. A future that is very close to being ignited on Base.

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And do not forget: a portion of the origination fee and loan premiums will flow back into the X7 Finance ecosystem, growing the size of the DeFi native lending pool, the X7D minting capacity (through locked liquidity within the X7100 series tokens), and the overall liquidity in X7R and X7DAO tokens.

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This ability to use the reliability and guarantees of on-chain smart contracts and off-chain legal process will help the DeFi escape the zero-sum ponzi and invite new capital on-chain.

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But in addition, they could use off-chain legal process to ensure timely and full payment of premiums and payback of the loan without need for liquidation.

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Initial Liquidity Loans collect an origination fee up front, allowing the private lender to secure immediate return on their capital.

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This private lender could then offer a loan facility, secured and enforced both on chain but also backed by off-chain contracts and due diligence.

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A private lender would be able to build a very lightweight, permissionless, interoperating layer with the Lending Pool contract.

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Xchange will be external-lending-pool-ready at launch. What does this mean and why does this REALLY enable a much wider market than is currently able to take advantage of DeFi?

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X7 will always have a decentralized lending pool but it may end up being a "lender of last resort" while third parties create centralized, semi-decentralized, or fully decentralized lending pools to take advantage of the safety guarantees within Xchange's liquidity pair to secure the borrowed capital. 🤔

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"The goal of X7 from a financial perspective is to suck up as much revenue from the DeFi landscape and funnel that capital into the hands of stakeholders". Might be an ecosystem worth learning more about. Coming soon to Base...

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Base builders are nonstop grinding. Can't wait to see what gets built on top of Xchange. Contributors have an opportunity to be handsomely rewarded 👀

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