XTRA.FUND Announces XTRA PROTECTION – The World’s First DeFi Platform With Price Drop Protection
DUBAI, UAE, June 6, 2022, ZEXPRWIRE, XTRA.FUND announces its XTRA PROTECTION (XP) a solution designed to ensure that, in most cases, investors can at least get back the same amount (value) they initially invested. “XTRA PROTECTION is truly decentralized and Anti Deflationary Protocol build on Binance Smart Chain, we have designed in a way ” says Piotr Kopec CEO of XTRA.FUND Project
XTRA PROTECTION – How does it work?
In situations such as market crash or extreme price correction, most of the retail investors face a significant drop in their holding and portfolio. In such situations, XTRA PROTECTION will allow any retail investor to recover upto 90% of their portfolio value depending on the length of their staking period of XTRA.FUND tokens.
How does XTRA PROTECTION work?
During a situation when the price of the XTRA.FUND Token drops – we compensate by releasing tokens to make up the difference. One key piece here is that XTRA PROTECTION consists of 80% of all XTRA.FUND Tokens in circulation. Moreover, in practice, it is fully decentralized and managed by a smart contract. A significant role is played by an automated algorithm whose task is, among other things, to compensate for drops in the token price and protect the original value of the investment.
XTRA PROTECTION EXPLAINED
The decentralized algorithm responsible for investment protection adapts directly to current market conditions. The goal of XTRA PROTECTION is to create a friendly and safe environment for every investor, regardless of their experience in the cryptocurrency industry. The level of protection depends on how long users stake the XTRA.FUND token; concrete examples in the following section will be presented.
XTRA FUND Modeling for Bear Market
In bear market, XTRA.FUND implemented a decentralized algorithm which offset the depreciated value by releasing the amount of tokens equivalent to percentage drop in the value. This smart contract triggers when the user has staked the XTRA.FUND Token for a minimum of 10 to 365 days to recover at least 50%. Users can also increase the length of staking period by 3651 to 6666 days to cover upto 90% of the depreciating value.
XTRA LENDING FUND (XLF)
Through our partnerships with loan companies in the traditional finance space, we seek out markets with the highest returns to give XTRA.FUND the highest APYs. As a result, users can expect a competitive range from 14.7% to 45.2% per annum.
How can we afford such a high rate of return?
Again, it is all thanks to our connection with this loan consortium. This group of experienced companies offer loans with an annual interest of 56%. Even if every XTRA.FUND user staked for 10 or 15 years (which gives them a return of 45% per year), and the company still earns 11% on the difference. It is a mutually beneficial relationship that blends traditional finance with centralized finance unseen before.
XTRA LAUNCHPAD (XL)
Soon we are going to add yet another benefit of joining our ecosystem: access to our exclusive XTRA Launchpad that enables profitable prescreened businesses to get started in an efficient and community-driven way. What’s more, every project tokenized by XTRA Launchpad will have its own proprietary Protection features implemented into it based on the same mechanics used by XTRA PROTECTION. These features are designed to protect users participation. We are focusing on only launching top-tier projects into the space, providing the opportunity to get involved very early in projects that we believe will have strong potential.
XTRA PROTECTION = XTRA CLUB
Our concept has two goals. The main goal is to minimize the risk of investment so that investing capital in cryptocurrencies becomes more affordable for everyone. This, in turn, leads to the second goal, which is to create a community that – thanks to XTRA PROTECTION – can effectively invest in selected cryptocurrencies. XTRA CLUB creates preferential conditions that will make the crypto industry a safer investment space. Everything depends on its participants – on us. Join XTRA CLUB and benefit from XTRA PROTECTION!
Media Contact:
Dominik Glowicki
Website: https://www.xtra.fund/
Twitter: https://twitter.com/xtra_fund
Telegram: https://t.me/xtra_fund
