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Timeline
Part 1
$100 /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2
$100 /10 users – Open chat for 120 seconds. You can post Max 3 questions. Xave Team will select 10 questions and answer them.
Part 3
$100 – A quiz about Xave
liquidity boost trapping pool, (LBP) is one of the major features which you have, And that has got my attention. I saw that this particular feature, have so many uses such as token vesting, token distribution and many lots of functions. My question is, where and how can we create a liquidity boost trapping pool? Do we have to pay before we can use such services? And also, I saw that (LBP) can be used to track the supply and demands for token. Which makes it possible for bots, to buy all the supply of tokens at once, and also provide fake liquidity and utility. Please how do you intend to prevent and keep things like that in check?
Hi, I read that XAVE will do token sale $XAV on 17th December since I am new user inside XAVE platform, can you please explain the detail about preparation to join into the whitelist? And do we need to KYC? I would like to know about which chain and wallet that XAVE use for token? will $XAV have another round of token sale?
While making findings, I saw your wrote on your discord that you have a governance token. I check and couldn’t find any details and my question regarding that, wasn’t answered in discord neither. So concerning your governance token, can you please tell us apart from voting power, does it have other utilities? If yes, then kindly tell us what are some of its usecases and functions. And also, kindly tell us where we can buy this token? Is it listed on any CEX or DEX? Does it give any rewards or benefits to holders? And lastly, since you have a governance token, you must surely have a liquidity token. Please tell us about them and where can we get details.
Hello my question is your project currently have two different names which are Xave and fjord. Please tell us why do you have two names? Are you into some sort of collaboration or partnership?
I saw that with your LBP features you provide marketing and smart contract to LBP creators. Which means you can also generate token. My question is, since you offer such services how are you of any different from a token generator project?
This days we suffer from lack of adequate security and we take security so serious. Since you would be in control of thousands of assets through your LBP services, kindly tell us how secured us your platform in terms of handling user funds? Have you done audit yet? Then give details if yes. And lastly after before creating LBP, would there be any form of kyc for better security?
Xave Finance introduce new EURO based stablecoin FX market, actually this is something new and really innovative since all i know only USD based stablecoin. So can you please explain why do people need Euro based stablecoin? What is the different with normal stablecoin? Also what are the usecase and function of EURO based stablecoin in your ecosystem?
Greetings xave finance qnd welcome to satoshi community
What role does Xave Finance’s play in providing financial education and insights to users, and how does the project continue to collaborate with other crypto project experts to enhance its offerings? And lastly How does Xave Finance leverage technology within its crypto project to create a more inclusive and transparent financial ecosystem?
Thank you as you plan to review and tackle my questions, xave to the moon
Hello Xave – I understand there’s an upcoming TOKEN sale of XAVE on Fjord, could you please detail is on this and with regards to eligibility to participate and the minimum Token purchaseable per person? Lastly, please with regards to Global Stable Coin pairs being one of the features of XAVE infrastructure, could you explain to us in detail how this would work and if there would be any partnership of any kind on this towards mass adoption ? Thanks for answering.
Hello Xave Team! While examining your roadmap, I noticed that your main target is to bring the $7 Trillion daily FX market on-chain. When do you expect to reach this goal and what are your plans to achieve the target soon? The only plan I found on your documents was working with a variety of new issuers of stablecoins and RWAs. Do you think it does suffice to achieve the target efficiently? Nevertheless, can you elaborate more on these new issuers of stablecoins and RWAs you are working with? What are the methods you implement to find reliable parties? According to the roadmap, you have not set any activities for the next month. Therefore, I am curious to know about your short term plans on the way to achieve the main target. Thanks.
Hello Xave Team! While most of the projects are now moving towards community centered approaches and allocating more funds to community members, Xave has reserved 25.5% from the total $XAV supply to the own team members. Is there a special reason for that? How do you ensure that the community members are not neglected and they will be treated property when distributing $XAV? Meanwhile, I noticed that there is an allocation of 14.5% for ecosystem rewards. What are the utilities of this portion and who are eligible to receive these rewards? Thanks.
Hello Xave Team! Your Lending Market allows users to deposit first ETH, WBTC and USD pegged stablecoins as collateral to borrow various local currency pegged stablecoins, in contrast to most lending protocols in the DeFi space that give no focus to regional currencies. What made you to consider local currency pegged stablecoins? From your side, what are the benefits of this model aside from attracting users? Did you notice any drawbacks? Further, please let us know whether you support a few selected currencies or almost all the currencies are available. In addition to this feature of considering local currency pegged stablecoins, what makes you better among similar lending protocols? Why should users shift to Xave? Thanks.
I read on an article that the Forex market facilitates an average of $6.6 trillion in daily trading volume. Also considering Forex markets are not allowed in some countries as it was abused, how do you see Xave’s capabilities to tokenize this world and get over challenges in regulations?
How does Xave’s FX Invariant algorithmically diverge from traditional bonding curves like Uniswap’s Constant Product or Curve’s StableSwap in its approach to spot price calculation, particularly in the beta region?
Hello Xave, welcome to satoshi club.
I found out from your website that, your FXPools use unique trading incentives that will automatically rebalance liquidity. How are these incentives generated and will they be distributed among users or specific persons?
Hello, I saw that As additional note, prior community supporters of on-chain FX in the form of long term HaloDAO xRNBW stakers, will be considered part of the Xave community and “Seed Investors” allocation. Are there other eligibility requirement for this? And are you going to directly give out incentives?
As far as I can understand, Xave works with stablecoin issuers to generate currency liquidity and allow anyone to harness the power of DeFi. Does this apply to all currencies in the world? How does Xave Finance work? What issuers apply to increase liquidity? Does Xave Finance have any type of support through guides for new users?
Greetings Xave’s Team!
I’ve noticed on your Twitter handle that, after achieving over $51M+ in FX volume, your team has decided to unveil the launch of Xave’s governance token—an integral aspect of your ecosystem. I’m keen to learn more about the Tokenomics distribution of Xave’s token within your ecosystem. When is the scheduled launch date? Additionally, are there plans to list the token on multiple exchanges, and is there any opportunity for ICO/Presale participation for users within your ecosystem? I hope we are not too late?
Greetings Xave’s Team!
I’m particularly interested in the financial aspects of your project concerning Xave’s token, especially considering the upcoming Bull run and the trend of projects enhancing their native tokens during such periods. What advantages are available for those looking to utilize your native tokens for trading and staking in their financial journey? When do you plan on launching the XAV token, and what strategies have you employed to ensure its value increases for holders within and beyond your ecosystem?
Xave Finance creates liquid currency markets for DeFi. What is SAVE’s main product? What is new about this product? How does SAVE increase performance? What is the AMM infrastructure designed for? What is the objective of save by supporting stablecoins on its platform?
It is important to highlight that the XAV token is built with a similar standard to Balancer’s BAL token. Could you describe in general terms what are the characteristics that the XAV token has? What are the parameters you set to make it a governance token? How does the XAV blocking process work? Is there any guide to apply the strategies and recommendations that SAVE offers us?
My questions are quite Technical.
Having delved into your project details and comprehended its underlying dynamics, I’ve realized the significance of FX in the realm of value transfer, encompassing remittances and cross-border payments. With its staggering daily volume of $7 trillion, FX stands as the world’s largest liquid market, playing a pivotal role in the global economy. My curiosity is piqued regarding the FXPool invariant your team has established and how it distinguishes itself from platforms like Curve. Could you provide insights into the specific design elements of your FXInvariant tailored for the intricacies of the FX landscape?
Hello.
Observing that your data feeds are constrained by oracles, particularly noting the Chainlink support, I wonder if this limitation affects the range of assets you can support. Do you utilize Chainlink exclusively, or do you employ custom oracles with a Monetary Authority of Singapore (MAS) approach? My inquiry revolves around your collaboration with Chainlink and other stablecoin partners for initiating new oracle feeds. Could you shed light on the current number of stablecoin partnerships you’re engaged in? Considering your focus on the Asian market, is there any integration with StraitsX, known for issuing stablecoins tied to the Singapore dollar and Indonesian Rupiah?
Hello
Quick question. Tell us more about your FX Invariant AMM, which is said to uses a dynamic fee solution to encourage FX accurate rates by providing a subsidy to users who trade into the beta region, and charging a higher fees for trades away from the beta region. I don’t quite understand this statement. And I was quite Curious to know about the Differences between Traders(users) in of Beta Region, and also Traders (users) outside the Beta Region? In addition could you also tell us why there would be higher fees for traders who trades away from the Beta Region?
Greetings team Xave
On November 15th Xave received a bug report from a member of the community, which was investigated and found to represent a potential bug to certain FXPools. How has your team members tackle this problem?how will you ensure that user call data is properly sanitized?How can you also block an attacker from creating an exit pool? please talk more about safety on Xave
You recently announced the launch of your token sale on Fjord coming this December 17th,to be part of this sales what is required, will it be a public or private sale? what’s the total amount of tokens prepared for the sale? Kindly explain
The foreign exchange (FX) is the backbone of all cross-border payments and encompasses important capital flows such as remittances, trade finance and traditional foreign exchange market operations. Now, why is slippage tolerance determined? Are the parameters configured differently for each currency pair? Describe what the currency markets that Save creates are like?
4. The foreign exchange (FX) is the backbone of all cross-border payments and encompasses important capital flows such as remittances, trade finance and traditional foreign exchange market operations. Now, why is slippage tolerance determined? Are the parameters configured differently for each currency pair? Describe what the currency markets that Save creates are like?
The driving force behind the Xave protocol is the deployment and use of stablecoin liquidity. What is the role of the XAV token? By what parameters is the XAV token governed? Is XAV minting necessary if I want to win something? How can I get the maximum benefit from XAV?
It is important to know that the use of the XAV token will be driven by two key participants in the Xave ecosystem. Could you describe who these two participants are and what they influence? Do I have to purchase XAV to be able to participate in the voting?
Could you explain the utilities of $veXAV? Although it is clear minting of $veXAV is necessary in order to earn fees generated by use of the Xave Finance protocol, I could not find any details about what users can do with minted $veXAV. Can users swap $veXAV to $XAV or to stable coins? If a user does not wish to earn fees, can he use the platform without minting $veXAV? What do you expect from generating $veXAV as a separate token? What kind of advantages do users get with your token model?
I saw your focus is on supporting the growth of non-USD stablecoins, and you add new currencies on a regular basis. Why did you choose non-USD stablecoins? Although they grow in number, USD stablecoins are still popular. Therefore, is there a particular reason not to support USD stablecoins? Does this mean popular coins such as USDT, USDC and BUSD are not available on your platform? Is this the current status of XAVE or don’t you have any idea to add them in the future too?
I am curious to know about the legal background of Xave protocol. Although foreign exchange is becoming popular, Forex trading is banned in some countries. Is your platform accessible to the citizens of those countries too? If yes, is it legal? If I live in a country where Forex trading is illegal and Xave is available, can I still use Xave without any hesitation?
Goodday,
As an active trader and investor that participates in liquidity provision, staking and other passive income generating methods, I am keen to know how market making is made efficient on Xave. How is liquidity balanced automatically? How have you structured your FXpool trading incentives in ensuring that liquidity wouldn’t be an issue over time? To provide liquidity for Xave, how do we go about the process?
Goodday,
The networks supported at the moment by Xave is Ethereum, Polygon and Avalanche. As regarding those making use of other chains, lets say BNB or SOL chains which are very popular blockchains, what is Xave’s plan of expanding? Will Xave be pushing towards integrating other blockchains? What is Xave’s marketing strategies in making the project more global and widely used? What regions/country do you wish to reach with Xave’s innovation? What are your user retention strategies??
Goodday,
At the moment, DeFi got a lot of downsides. Although decentralization seems to be the best, it has given room for bad actors, hackers and scammers who are always on look out for projects to exploit. Investors have got to be sure about their funds’ safety before hoping on any platform. Kindly explain how Xave will avoid bad situations such as security breaches/theft? Could you tell us a little about Xave’s security audit company and audit results.
Hello Xave Team,
I briefly looked through the Xave project’s idea, aim, goal and composition. No doubts, I clearly observed a kind of new innovation (perhaps a sort of integration between the blockchain and the FX market). I do not fully understand Xave’s FX/Blockchain integration, kindly shed more light on the Xave project generally, what problem did the Xave team notice in the DeFi/CeFi space? To solve the identified problem, what technology/methods will Xave use? Could you briefly give a quick run down of how Xave works from the back end to the front end? Could you give a little detail as regarding Xave’s metrics and stats since launch
Hello Xave Team,
Xave’s idea of building liquid FX markets for blockchains is a great one. To make this innovation seamless, there is undoubtedly need to ensure that all necessary metrics/info/data is real-time and accurate. In addition to this, the platform’s user interface should be friendly and easily adaptable for users (both new and old). Briefly explain how you will ensure accurate real-time FX swaps, what oracle(s) will Xave be leveraging to ensure that price feed is real, accurate and also to ensure flexible and seamless swaps for the platform’s users?
Hello Xave Team,
We tend to see the establishment/starting of quite a lot of new crypto projects. However, most of these projects are short termed and tends to crumble after the initial hype, perhaps due to bad governance, an unqualified dev team, etc. As users that may decide to leverage Xave’s technology, can you convince us that Xave will endure the test of time and continually remain credible in the crypto space? Can Xave stand against flagship projects/competitors? Highlight a few benefits as to why Xave should be chosen/used by users over other related platforms.
Hello
The “Xave’s Vote Escrow Model” was tagged coming soon. In this regard could you give a sneak peek of the “Xave Vote Escrow Model”; How does it work? What is the purpose the Vote Escrow Model? How is the Escrow vote planned, organized and executed to ensure a fair, flexible and legitimate voting model? Sight an example as regarding when the Vote Escrow Model can be used.
Hello,
I am a deep lover decentralization. I quite understand the general idea of Xave, this innovation is a great one. Now, To get started on Xave, what process do i go through? Do i need to provide any sensitive or personal information, during the KYC process? To get started, what information is compulsory? Lastly, i’d like to know how Xave wishes to fully adopt decentralization? Guide us through your upcoming development/partnerships?
I read on your website that you plan to use a type of coin-voting governance model. What measures are you putting in place to prevent governance attacks or incentive misalignments over the long run? How will you balance security with decentralization and flexibility when it comes to upgrading systems or making other impactful protocol changes?
Lastly Could you expand on how your protocol’s unique approach to collateralization and governance will achieve this relative to existing DeFi projects?
I noticed that your project utilizes a governance token model with staking rewards. Could you go into more depth on the tokenomics involved?
Also You mentioned wanting to create an inclusive financial system accessible to anyone. What specifically is your project doing to onboard people with less technical knowledge or crypto experience?
Are there any educational components, partnerships, fiat on-ramps, or other features geared towards increasing adoption among the wider mainstream public?
Your whitepaper explains the unique algorithmic central bank mechanism your protocol employs to manage currency pegs and mint new tokens. However, little detail is provided on the governance processes for setting key parameters like collateral ratios or interest rates. What entities have control over these variables, and are there any prediction market mechanisms or other data analytics involved in determining optimal policies over time?
And considering the high volatility and correlation seen between many crypto assets, some critics argue introducing additional exposure to cryptocurrencies may undermine the stability promise of algorithmic stablecoins. What safeguards has your project put in place around managing collateral asset risks that could protect currency pegs against black swan events in the wider blockchain space? Are there plans to diversify into non-crypto asset reserves as the system matures?
Greatings xave team and welcome to satoshi community
Well in a nutshell could you kindly let the satoshi community know what inspired the creation of Xave project?, what makes xave unique in the financial management industry? And lastly how does Xave plan to stay ahead of potential security threats and ensure the ongoing protection of users’ financial data?
Thank you as you purpose to answer my questions 🙏🏽🙏🏽🙏🏽
Greetings xave team qnd welcome to satoshi community
Well Can you provide examples of how Xave has helped users improve their financial habits and achieve their financial goals? How does Xave prioritize user feedback and incorporate it into future updates and developments? And lastly What are some upcoming features or partnerships that users can look forward to with Xave.co?
Thank you 👍🏽 and long live xave project
I read Xave has its own native token that will facilitate governance decisions and reward network participants. What utility will this token have beyond governance rights? For example, will it confer any fee discounts, yield boosts, or other benefits that could incentivize holding long-term?
Also You mentioned Xave offers a crypto savings account with up to 30% APY returns. This seems far higher than traditional savings or money market rates. What mechanisms allow you to provide such exceptional yields to depositors? Is there any risk of APY being reduced over time as adoption grows?
Great to have you aboard Xave! We strive for openness and transparency here at Satoshi Club.
Your platform advertises having no lockups on deposits, allowing savers to withdraw instantly anytime. How can you balance this liquidity promise to users with being able to generate high returns on their capital behind the scenes? Would you say this introduces any likelihood of bank run type scenarios occurring?
And You note that globally over 98% of stablecoin volume is USD-denominated, showing centralization around one currency. How big is the opportunity for growth do you see in non-USD stablecoins? Which regions or currency pairs specifically seem most ripe for further adoption?
Welcome, Xave team! Glad to have you join us.
For those less familiar, could you explain in more detail what makes XSGD different from other stablecoins like USDC? Why specifically focus rewards around this token rather than a more mainstream option users might be familiar with already?
Also your whitepaper mentions liquidity providers can earn up to an extra 3% APY in the form of XSGD tokens on top of existing swap fees and BAL rewards. What mechanisms allow you to offer these additional incentives on an ongoing basis? Is the 3% APY a sustainable rate long-term or subject to change over time?
Hello Xave team! Your perspective is valuable.
One of your medium articles mentions EUROC was recently launched on Avalanche. What made you choose to expand into supporting this Euro-backed stablecoin specifically at this time? Do you see it gaining more traction versus other Euro stablecoins like EURS or sEURO?
Also You note there will be a 12 week incentive program offering rewards in USDC and AVAX. For liquidity providers, roughly how much in yield could they expect to earn by participating during this promotional period?
Hello Xave team! Your perspective is valuable.
As I understand it, Xave aspires to become the leading platform for trading, saving, and lending with stablecoins, offering users exceptionally high yields. However, the crypto industry has seen its fair share of high yield platforms struggle with sustainability and collapse over time. What specifically is Xave doing differently with its tokenized reserve structure and other protocol mechanics to ensure you can reliably generate yields far surpassing traditional finance over the long term?
Also could you walk us through what Xave’s specific expansion and growth strategy looks like when it comes to entering new developing markets? For example, what types of localization, partnerships, fiat on-ramps and other support do you establish when targeting a country to drive adoption amongst retail users there?
What is Xave’s perspective on the ideal number of dominant stablecoins across both fiat and crypto collateral options?
Algorithmic stablecoin regimes around managing currency pegs and monetary policy seem to require a level of dynamism and specialization the crowds may lack. I’m interested to hear Xave’s position on the role of decentralized governance when it comes to key functions like risk management or collateralization ratio changes versus just focusing community votes on more peripheral matters. Is there a risk governance tokens mostly become viewed as revenue share equity with little real say, thereby failing to achieve the intended empowerment vision?
Lastly im curious to hear Xave’s perspective on the opportunities, challenges and options when it comes to bringing deposit insurance of some form to DeFi without introducing moral hazard or unsustainable yield chasing by the protection providers. Is this more a regulatory prerequisite over time rather than something decentralized protocols can address on their own?
Trust is paramount when it comes to financial services, especially in emerging domains like crypto which suffer frequent exploits. Yet insuring deposits to foster additional user confidence raises questions around aligning incentives properly for the protection sellers. Curious to hear Xave’s perspective on the opportunities, challenges and options when it comes to bringing deposit insurance of some form to DeFi without introducing moral hazard or unsustainable yield chasing by the protection providers. Is this more a regulatory prerequisite over time rather than something decentralized protocols can address on their own?
Also Geographic use cases were a big motivator mentioned for supporting Euro stablecoins. What analytics, if any, do you have in terms of usage breakdown by country or other localization metrics to inform which regional markets show most promise for stablecoin growth?
Hola pioneers!
1- Liquidity seems split currently across multiple venues for the new VNX stablecoins. What strategy does Xave employ when trying to consolidate volume into your customized FX pools versus building on existing external liquidity that may be fragmented?
2 – The tutorial documentation covers supplying liquidity but seems complex still for average users. Are there any plans to simplify the UI/UX to improve accessibility especially as more exotic stablecoin options are onboarded that users may be less familiar with?
3-How does Xave evaluate partners like VNX when it comes to providing adequate attestations and protecting against fractional reserve risks as adoption grows?
I believe partnership is one of the most important thing for all project include Xave Finance to grow bigger, I read that Xave doing collaboration with BlizzardFund, can you please tell us what are the result of this collaboration? Also kindly to introduce current partnership from Xave Finance?
Security is the most importance to every crypto investors before they can invest in a project,they want to be sure that they are dealing with projects that are transparent, trustworthy and realiable.i still cant found $XAV security audit, don’t you think without an audit report investors will afraid to do investing in a projects without any proof of ensuring security of users funds? If you are already audit your project,which security firm will that be?What measures have you implemented to keep the $XAV holders funds safe,while they wait for your Audit report? Also how about safety inside XAVE platform since its hold our asset?
Hello team Xave!! I see you have a great project out there but I want to ask how does Xave Finance collaborate with global stablecoin issuers to encourage liquidity and yield for non USD stablecoins? Additionally, what strategies are in place to attract participants from traditional FX markets into this DeFi ecosystem?
Given the highly regulated nature of traditional forex markets, how does Xave Finance navigate regulatory frameworks across various jurisdictions to ensure compliance while providing DeFi services for the FX market?
Secondly, what steps is Xave Finance taking to scale its FXPool and encourage widespread adoption among both crypto-native and traditional financial market participants?
Could you share insights into the roadmap or upcoming developments within Xave Finance? Specifically, what advancements or features are planned to further enhance the FXPool’s functionalities or expand its offerings in the global FX landscape?
I read the Tweet from Xave Twitter that you have launch new $XAV FXPool for staking.And I notice that the new pool FXPool is quite different, there are New Unified UI plus new function “Inactive Pool” In FXPool. First, what are the new function use for? can you explain what the different this new FXPool with the old pool? Also what is the APR for staking in the FXPool? How long will these of staking last and how many staking pools do you intend to have in FXPool?
You mention Xave offers up to 30% APY on crypto savings accounts, far surpassing traditional finance rates. However, the crypto industry is riddled with examples of unsustainable yield offerings leading to platforms crumbling practically overnight. If skeptical regulators clamp down on crypto staking rewards, citing poor risk management or liquidity mismatches, how can Xave adapt its attractive return profiles for users while maintaining stability and profitability?
As I understand it, Xave aims to drive mainstream stablecoin adoption, particularly in regions struggling with inflation or financial exclusion. However, most retail crypto users still find stablecoins complex financial instruments relative to normal fiat cash. If people don’t intuitively grasp concepts like 1:1 fiat collateralization or redemption processes, what specific barriers exist to onboarding the next 100 million users across emerging markets?
Mainstream adoption requires intuitive and friendly user experiences, especially for complex financial instruments.
1) Firstly, localized languages and cultural nuances matter tremendously when expanding across fragmented regions globally. If English-only resources pose adoption barriers certain demographics, what community-led efforts or incentive programs will Xave introduce to encourage organic content translations reinforcing regional traction?
2) Also internet connectivity issues or smartphone barriers may persist across developing markets. If advanced interfaces like mobile apps remain incompatible channels for some target user bases, how can Xave adapt its access points to meet users where they are rather than forcing the latest Web3 trends onto all participants?
3) some target growth regions sit outside global AML/KYC norms. If relaxed identity requirements raise flags regarding sanctions risks or money laundering, how will Xave strike the right balance on compliance obligations while furthering financial inclusion aims?
Greetings Xave team , really glad to have you guys here:
Sufficient decentralization and transparency will make-or-break asset-tokenization sector credibility long term.
a) However, Xave utilizes a proprietary invariant to govern its algorithmic market maker model. If doubts emerge over subtleties in how pricing methodologies between stablecoin and volatile collateral pools interoperate, what additional mathematical proofs or dynamic simulations will be made public to reinforce confidence in fair index values?
b) Additionally, community participation remains lackluster around niche stablecoin pairs presently. If engaged oversight and governance mechanisms do not organically materialize with growth, what incentives structures will Xave deploy to entice more active user involvement monitoring policies and parameters around exotica like VNXAU?
c) Finally, thought leaders call for self-sovereign identity systems to enhance compliance assurances in DeFi. If regulatory standards digitize around verifiable credentials for whitelisted participants, how prepared is Xave to adopt emerging decentralized identity frameworks as prerequisites for interacting with regulated products like VNXAU?
I learn that Xave work with stablecoin issuer to build FX liquidity also the $XAV token is the governance token of the Xave ecosystem. Can you please explain about the governance mechanism in Xave Finance? Will users have to hold a certain amount of $XAV tokens to have full governance rights? Will the governance voting power of users depend on the the amount of $XAV tokens that user hold or will there be other factors that will determine the voting power of users?
Real-time remittance transfers are a key promise of blockchain technology, and Xave Finance seems to be at the forefront of this innovation. Could you delve into the specific technologies and strategies you are implementing to optimize this process and how these improvements compare to traditional remittance solutions in terms of speed, costs, and accessibility for users in different regions?
The integration of real-world assets (RWA) into DeFi is an exciting frontier, and Xave Finance is exploring this territory. I would like to know more about how these assets are being incorporated into your platform and what unique use cases are emerging as a result. Could you share success stories or examples of how RWAs are transforming financial operations for your users?
Addressing the challenges of creating FX markets in the DeFi world is a monumental task that Xave Finance has bravely undertaken. I would like to learn more about the technical, regulatory, and adoption obstacles you have faced in building these markets. Could you share the specific strategies you have implemented to overcome these challenges and how you have adapted your approach as the DeFi market evolves? Additionally, what role do you believe these markets will play in the future of decentralized finance, and how are you preparing to lead this transformation?
The enhanced rewards of XSGD offer significant appeal to participants in yield farming within Xave Finance. Given the importance of maintaining a balanced and sustainable rewards system, I am interested in delving into how these rewards have been designed to incentivize long-term participation. Could you explain the process behind calculating these rewards and how you ensure they are attractive without compromising system stability? Additionally, how do you view the impact of these rewards on user retention and the overall health of the Xave Finance ecosystem?
In a global market where exchange rate accuracy is crucial, I would like to learn more about the specific protocols that Xave Finance employs in its AMM to ensure precision. Could you describe the advanced algorithms or security measures used to maintain transaction integrity and how these align with or surpass traditional FX systems?
The addition of FXPools for VCHF and VEUR on Avalanche represents a significant advancement for Xave Finance. I’m interested in understanding the direct impact this implementation has had on market liquidity and efficiency. Could you provide specific examples of how this innovation is enhancing user experience and contributing to the growth and positioning of Xave Finance in the decentralized finance sector?
The stablecoin lending market is a distinctive feature of Xave Finance. I’m particularly interested in how liquidity sharing with the Balancer V2 Vault enhances the user experience. Could you explain in detail the competitive advantages this integration offers and how it translates into tangible benefits for platform users?
Greetings Xave Team!
I am eager to learn more about your partnerships and collaborations. I have observed the allocation of 10% from the total $XAV supply for partnerships. Could you share details on your current partners and their role in shaping the future of the Xave platform? Additionally, I am interested in your future partnership plans and the criteria you consider when teaming up with others. Could you outline the partnership application process? Given the significant allocation of 10%, who holds authority over these funds and manages partnership-related expenses? How do you ensure transparent handling of these funds? Lastly, a brief overview of the benefits users derive from Xave protocol’s partnerships and collaborations would be appreciated.
Thank you.
Reading about your project, it says xave works with issuers of stable coins and also real world assets and also allowing third party , so.. Can you explain the role of Xave in facilitating transactions involving stable coin???
Also , Xave Finance builds liquid FX markets for DeFi. Xave’s core product is the FXPool, a custom liquidity pool that uses a novel FX Invariant to facilitate stablecoin swaps with no slippage.
How does Xave Finance’s FXPool differ from traditional liquidity pools in DeFi, and how does the FX Invariant ensure stablecoin swaps with no slippage?
So I saw that there will be vesting of the XAV token for all holders (except the Treasury and Ecosystem Rewards.
Well my question is why have you decided to initiate a vesting protocol and do holders tend to get incentives across the vesting period?
Greetings Xave Team!
Ensuring platform security involves a reliable auditing process. I appreciate your transparency in publishing the Peckshield and Akira Tech audit reports, labeled as “the final audit.” Does this signify an end to future audits? Noting that these audits are from 2022 with identified issues addressed, how does Xave plan to identify potential future issues without regular audits? If alternative methods are employed for security and issue resolution, I would like to understand those approaches.
Thank you.
Hello Xave welcome to satoshi club. I saw that your discord is having a very little information about your project and also the community is scanty. What step are you taking in ensuring that you build a very good community just as satoshi has done.
Hello Xave, from your website I saw that you have limited number of tokens to be swapped. Do you have any plans of including other tokens? Are you going to base only on stable tokens or you will expand to other alt tokens and shit coins or even meme coins.
Greetings Xave Team!
I am seeking clarification on your reward system, as the details seem intricate. I have identified two types: $BAL rewards and $XGSD rewards. Could you distinguish between these rewards and explain why there are two types? Is it a choice between them for a user, or can one receive both? What are the respective utilities of $BAL and $XGSD rewards? Can they be converted to $USDC or used within the Xave protocol for benefits? Are there any advantages or priorities for reward holders? A brief guide on maximizing $BAL and $XGSD rewards would be helpful. Additionally, are there other reward systems on Xave apart from these two?
Thank you.
Greetings XAVE
According to your FX pools and the mechanisms working on it, there are two different regions of trading. The beta region where prices to be paid to LPs are fixed and then the regions such as the HI region and the JK region where trades will be priced depending on the LP ratio and swap fees paid to LPs will be dynamic, wherein a trade that moves the token ratio away from “FX rate” or beta region will be charged a higher fee. I want to know what are the minimum and maximum parameters that XAVE will use to ensure that trades are restricted from continuing beyond a specific point – Points H and K to ensure that liquidity pools are not completely drained?
Going through your roadmap, Xave’s roadmap is focused on driving your core use-case, that is to bring the $7 Trillion daily FX market on-chain.
When do you foresee this huge milestone being achieved?What are the practical steps that XAVE has taken to make this a reality?
I saw that you’re also working with a variety of new issuers of stablecoins and RWAs to make this a reality, and will be regularly adding new assets to over the coming months.
So what stable coins are you targeting? What do you think about non-USD stable coins and what role do they play in making your vision a reality?
Going through your documents, I saw that the Xave’s escrow model is coming soon,and seeing that the veXAV is a crucial component of your project where you mentioned Minting of veXAV is necessary in order to earn fees generated by use of the Xave Finance protocol. How soon will it be? How does this Xave’s escrow model work and what are the features that distinguishes it from other escrow models? What are the key benefits and incentives that users aim to get from this model?
Hello xave!!!
Going through your tokenomics for the $XAV governance token, I noticed that you have a very high(the highest) of your tokens being allocated to the core team, why such high allocation to the core team? To me it looks dangerous to invest in such cause the core team have the capability to liquidate the whole protocol if they decide, how can you assure users that that’s not the case? And I saw allocation for partnerships and market making, can you explain how these allocations will be used and what they entail to the growth of your project?
According to the FXPools overview, FXPools are ‘fully tokenized interest accounts’ that are available through Xave’s platform. Can you explain in detail how FXPools work and how they are different from other similar products?
One of the features of FXPools is ‘superior capital efficiency.’ Can you explain what this means and how it benefits users of the product?
Thetanuts is described as a ‘low-risk, low-yield’ strategy. Can you explain what that means and how it differs from other strategies available through the Xave platform?
The Thetanuts also mentions that it involves ‘managing the volatility of the underlying asset.’ Can you explain what that means and how it is accomplished?
In the context of Xave’s FXPools, trades occurring within the “beta” region are said to benefit from “FX accurate” rates and constant fees, but outside this region, fees and prices depend on the liquidity pool ratio. How does this two-region model impact the overall liquidity and stability of the pool? Could you describe a scenario where this model significantly benefits a user, and conversely, a scenario where it might disadvantage them?
Xave’s approach to no-slippage stablecoin swaps within its FXPool could be revolutionary for DeFi. How does the platform manage the risks associated with providing this feature, particularly during times of high market volatility or illiquidity? What safeguards are in place to protect the FXPool’s stability and ensure that the no-slippage guarantee can be consistently honored without incurring significant losses to the liquidity providers?
The XAV token’s governance model is integral to the operational framework of Xave’s FXPool parameters. How does the mechanism of locking XAV to mint veXAV influence the long-term commitment of token holders, and what are the implications for liquidity and price stability of the XAV token itself? Could you discuss the incentives designed to encourage holders to lock their tokens over an extended period and how this might affect the decentralization of governance?
Given Xave’s innovative FXPool, which utilizes a unique FX Invariant to facilitate stablecoin swaps with no slippage, can you describe the mathematical model or algorithm that defines this FX Invariant? Additionally, how does it compare in efficiency and accuracy to traditional models used in Forex markets, and what challenges did Xave face in ensuring that it accurately reflects real-world FX market behaviors?
Considering Xave’s commitment to fostering the liquidity and yield of non-USD stablecoins, can you elaborate on the selection process for these currencies? What metrics or economic indicators does Xave consider when determining the addition of new stablecoins to the FXPool? Furthermore, how does Xave plan to address the challenges of integrating lesser-known or emerging stablecoins, which may have lower liquidity and recognition in the broader market?
The governance token of Xave, $XAV plays a crucial role in setting FXPool parameters, similar to Balancer’s &BAL token. How does the governance process with $XAV ensure fair and equitable decision-making within the Xave ecosystem? Could you discuss any measures in place to prevent centralization of power or influence by large token holders, and how does the process of locking $XAV to mint $veXAV work in detail?
Within Xave’s FX AMM infrastructure, the FXInvariant bonding curve plays a pivotal role in determining the pricing and fee structure. Can you discuss the operating mechanism of this proprietary curve and how it dynamically adjusts fees based on the pool’s token ratio? How does the bonding curve ensure that the liquidity pool remains healthy and attractive to liquidity providers, especially when compared to traditional constant product curves used in other AMMs?
One of your features that drew my attention is that of Your FXPools that use unique trading incentives to automatically rebalance liquidity. My question is how are users to benefit from this Particular feature?
And why is it unique in it’s use? Please throw more light on this. Thanks
On your social I saw XAVE finance is to launch it’s governance Token
launch of Xave’s governance token- $XAV will be available via a limited LBP on @fjordfoundry, to be followed by a broader launch in early 2024. My question is why did you not wait for the bull run coming up on April to launch your governance Token? What else are we to expect from your project after your governance launch ?
Greetings Xave team In your application I see that there is a warning about liability regarding geographical restrictions when using several countries named there, can you explain why? And how can we use your app, if we are from those named countries? It is possible that your app is on known systems such as Android or iOs, or we can only access it from your website
Hello Team Xave,
In the pursuit of decentralized financial inclusivity, how are you addressing the challenges of KYC for users in regions with limited access to traditional identification documents, and what measures are being taken to ensure a fair and accessible KYC process in DeFi FX markets?” Thank you.
Hello Team Xave,
Considering the privacy concerns in decentralized finance, how can we strike a balance between KYC requirements for regulatory compliance and maintaining user anonymity in the context of DeFi FX markets?” Thank you
Hello Team Xave,
How do you plan to implement effective and secure Know Your Customer (KYC) procedures in decentralized FX markets to meet regulatory standards and ensure user identity verification? Thank you
How was the FXpool invariant configured, and what is the difference of the curve, were you reading that they plan to go after the Asian market or are they only working with stablecoin issuers from around the world, have these issuers already incorporated or by the time they are wait for the incorporation of stable currency issuers, I was also reading that you are limited by the correct data oracles for the feeds since you have chain link support for some, I wanted to understand and know a little more if it is that limiting variable in what that you can stand or do you roll your own oracles using a kind of MAS?
Greetings Team Xave
From your medium i read that last week the team launched a new way to access Euro stable coin liquidity, please where investors investments lost during the process.?
What happened to the previous way to access Euro stable coin liquidity.?
Thank You.
What is your strategy model and what are you going to implement? Are your strategies to generate higher returns or only for end-customer products to cover exchange risk? How is the size that people make in foreign currencies satisfied? Are you just focused on traders with forex hedges, remittances and also the good flow in the documents or just getting really deep funds for arbitrages? Finally, I would like to know what you think about traction/adoption?
Hello Team Xave
As an investors am having in mind to stake my BPT tokens to earn BAL incentive but what assurance do i have that it is going to be secured cause i have been through your articles and documents have not seen where you mentioned security of BPT Token and KYC Verification..?
Thank You Team.
1. How does Xava plan to promote user adoption and engagement within its platform?
2. Can you share insights into the team’s background and expertise that contribute to Xava’s success?
3. How can individuals and developers get involved or contribute to the Xava community and ecosystem?