Xion Finance Wiki
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Welcome to Xion Finance
One Click to DeFi

About

Xion Finance is the DeFi side of Xion Global(jointly known as Xion) that offers cross-chain staking, farming and crypto shopping options with up to 100% cashback rewards. Available on BSC & xDAI.
🚜 Stake & Farm
πŸ›οΈ Marketplace & Launchpad
πŸ“€. Withdraw
Time to become a liquidity provider(LP) or otherwise known as a Farmer. Where you can earn up to 140% APY(Annual Percentage Yield) on your xDAI and XGT crypto. Where transaction(gas) fees are less than $0.001 and takes only <5 seconds for a transaction to be completed. Unlike Ethereum mainnet gas fees that cost up to $100 or more. An LP would simply add 50% xDAI and 50% XGT of his crypto holdings into the xDAI/XGT pool and in return earn fees + rewards. You can think of a liquidity pool as a big pile of funds that traders can trade against and in return for providing liquidity, you will earn fees from the trades that happen in the xDAI/XGT pool + rewards.
Here is an example:
  • Bob wants to deposit his $100 worth of xDAI and $100 worth of XGT
  • He connects his Torus wallet and scrolls to the heading "Start Farming with xDAI"
  • Enters in 100 xDAI and clicks "USE YOUR XGT" to add his $100 worth of XGT
  • Clicks "Start Farming" & approves 2 transactions to add his funds to the pool
  • He receives liquidity pool tokens called UNI-V2, that now represents his deposit + any accrued trading fees. This is displayed in a USD amount under "Earnings Balance"
  • Every time a trader swaps xDAI <> XGT, they pay a 0.3% fee. This fee is immediately distributed amongst all the liquidity providers in the pool, including Bob. Depending on how much he deposited, is what percentage of fees he will earn
  • As a bonus Bob will also earn XGT rewards every 5 seconds in return for providing liquidity
We make use of AMMs(Automated Market Makers) known as Honeyswap and Pancakeswap. An AMM works similarly to an order book exchange in that there are trading pairs – for example, xDAI/XGT or BNB/XGT. However, you don’t need to have a counterparty (another trader) on the other side to make a trade. Instead, you interact with a smart contract(liquidity pool) that β€œmakes” the market for you.
Purchase high tech items, NFTs or allocations in the latest gaming/metaverse projects. It's the easiest way to not only purchase items with crypto but get up to 100% cashback on your purchases.
By utilising the Xion Global payment gateway, it allows users to participate in IDOs/INOs, purchase all the latest products from Xion Global merchants and get up to 100% cashback in XGT.
PAYMENTS ACCEPTED - BTC, ETH, XRP, LTC, DASH, BCH, XDAI & XGT

Augmented Reality

Xion Finance has created an immersive experience when purchasing high tech items, NFTs and even IDO allocations. Through a direct partnership with Nextech AR, shoppers can now scan a QR code on a product and view it right in their living room! It increases conversion rates by up to 150%, reduces returns for physical products and overall creates an immersive experience when shopping online.
It's the first step into the metaverse with future AR opportunities lying ahead.

Launchpad

All IDOs & INOs will be launched on the same marketplace, where $XGT tier stakers can get access to purchase allocations and/or NFTs. Some tokens and NFTs will be created in augmented reality to make it more of an immersive launchpad experience. Refer to the $XGT Tiers for IDOs & INOs to know how to participate.
Withdraw your UNI-V2 or claimable XGT rewards at anytime you want. Simply head to the "Withdraw" page, select what you would like to withdraw into your connected wallet, approve the transactions and voila.
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Farming Shares: These are your UNI-V2 LP tokens that represent your xDAI and XGT deposit + accrued trading fees. xDAI is required for less than $0.001 gas fees, since your deposit and trading fees will be withdrawn into your connected wallet, on the xDAI chain. You can withdraw any amount, at any time. Also applies to the BSC pair XGT/BNB.
XGT Rewards: These are your claimable XGT rewards that have been rewarded to you, in return for being a liquidity provider. It is a combination of rewards generated every 5 seconds from your xDAI + XGT liquidity and/or XGT + BNB liquidity. xDAI is required for less than $0.001 gas fees, to claim/withdraw your XGT rewards into your connected wallet, on the xDAI chain and BNB is required to claim on the BSC chain. You can claim any amount, at any time.
Bank Account: Head to Mt Pelerin to sell your xDAI crypto. You can either connect your external crypto wallet or send your xDAI/DAI to your Mt Pelerin wallet to withdraw your crypto into your bank account.

1st Things 1st

Create or connect your Torus wallet by clicking "Get Started" at the top right of any page on Xion Finance. Torus allows you to login with any social media account, email address or phone number to easily manage your funds on the go. It's available on desktop and mobile, and allows a "One-Click to DeFi" experience since it only takes 1-click to login with your example Google account. Alternatively, use MetaMask, WalletConnect or your Authereum wallet.
If you using MetaMask then use this guide to add your custom RPC for the xDAI chain -https://www.xdaichain.com/for-users/wallets/metamask/metamask-setup​
Note: Trust Wallet is not supported by the xDAI chain yet.

Community

Got any questions, join our telegram group and our tech support will assist you. It's also jammed packed with fun Trivia's and games to win some XGT every week!
Telegram - https://t.me/xionglobal​
Last modified 6mo ago