TLDR:

• XFAI partners with FlashPad — a newly launched decentralized exchange (DEX) and launchpad solution on Linea, with a future view to bring new projects to XFAI upon the delivery of FlashPad’s launchpad feature.
• FlashPad intend to become a force within the Linea ecosystem. By teaming up, XFAI is establishing a new medium of project onboarding onto XFAI’s exchange, with newly launched and soon to launch projects flocking to XFAI due to the unique benefits offered through XFAI’s revolutionary architecture.

Launchpads to augment XFAI’s liquidity library

FlashPad has recently launched on the Linea Ecosystem, first introducing their DEX — with plans to build out further products including a launchpad. It is this launchpad with which XFAI will be working closely with to onboard exciting projects to the XFAI DEX, deepening the liquidity on XFAI, bolstering the token offering available to traders, and increasing fees generated for Infinity NFT (iNFT) holders.

These projects in return will get access to concentrated liquidity through XFAI’s deep pools and get better price discovery for their token. This deep liquidity; combined with having to commit less start up capital to create pools due to XFAI’s elimination of token pairings (thus only requiring one pool to be set up to allow for new tokens to be seamlessly traded with all other tokens on XFAI), minimal slippage, the lowest DEX gas fees on Linea, better returns for the project’s LPs and better swap rates for potential token holders, makes XFAI an obvious choice for new projects on Linea to choose as their primary DEX partner.

For FlashPad, aligning with XFAI as their DEX partner for upcoming launches means that they can strengthen their offerings when providing guidance and direction to new projects coming to Linea, and drive them to generate successful token launches knowing that their token economy will thrive with the benefits that come from listing on XFAI over other DEXes.

“XFAI’s intention is to strengthen the Linea Ecosystem by bringing the benefits that our architecture offers to the widest number of projects possible. Working with launchpads is core to introducing XFAI to the wealth of diverse projects who are establishing or planning to establish themselves on Linea and onboarding their tokens onto XFAI, and to XFAI becoming the pinnacle of trading on Consensys’ chain.”

Taulant Ramabaja, Chief Scientist, XFAI

By establishing a partnership now, XFAI and FlashPad will create a seamless process for onboarding new projects once FlashPad’s launchpad is introduced. Joining forces early allows both teams to deeply understand the benefits and efficiencies XFAI provides for token launches. When projects first engage with FlashPad about launching on their platform, they will already have in-depth knowledge of integrating with XFAI’s exchange and architecture. This forward-thinking collaboration will facilitate smooth token launches and unlock XFAI’s advantages from the very start of discussions.

This partnership also carves out a new direction through which XFAI will onboard new tokens and liquidity onto the exchange — by working with all of the launchpads within the Linea ecosystem and forging long lasting partnerships which will see the adoption of XFAI by blossoming projects continue to increase. As always, the DeFi revolution marches forward, and XFAI stays poised for action. Viva La XForce!

About FlashPad
Flashpad is building an ecosystem on Linea, powered by FlashPad products including a DEX & Launchpad on the Linea chain.

Links:

https://t.me/flashpad
https://twitter.com/flashpad_io
https://medium.com/@flashpad.io

About XFAI

XFAI is a new breed of Decentralized Exchange with a new double weighted constant market maker design, enabling better swaps for all tokens & better returns for stakers & LPs. XFAI solves the problem of fragmented liquidity, with singular token pools for assets, meaning concentrated liquidity, thanks to unique architecture which enables every token to be immediately swappable with every other token in a single hop swap, with minimal slippage and better price discovery for long tail tokens.

To stay up to date with the latest on everything XFAI, follow us on X/Twitter and keep an eye on our Telegram Announcements Channel for the most recent updates. You can join our Community in leading the DeFi revolution on Linea.

XFAI x FlashPad — Linea launchpads to bolster XFAI’s ecosystem with new and nascent projects was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

TLDR:

XFAI partners with OpenOcean — a leading decentralized exchange (DEX) Aggregator on Linea which allows users to get the best rates on swaps by aggregating liquidity across numerous sources.

OpenOcean is plugged into premier applications across the Web3 space including MetaMask and TrustWallet. When OpenOcean users trade on the aggregated DEX platform or via wallets, swaps will be routed through XFAI to take advantage of superior swap rate and competitive fee prices offered by XFAI’s unique DEX.

This collaboration will help drive volume and fees to XFAI by leveraging OpenOcean’s reach over the expanding Linea ecosystem.

Optimizing swaps across the seas of Web3

OpenOcean is a leading DEX aggregator that operates across over 30 chains, and is working with XFAI to bring better swap rates to users across Linea. With over 3.5M transactions and 1M active traders on their platform OpenOcean offers the best swap rates by aggregating liquidity pools across multiple DEXs.

Given OpenOcean’s long standing integrations with popular wallets — including MetaMask, Brave, Coinbase and more — who all utilize OpenOcean as a router for their in wallet swaps, millions of DeFi users will be able to leverage XFAI’s superior performance when carrying out swaps on Linea in their wallet. By partnering with OpenOcean, XFAI is establishing a key framework for widespread adoption when Linea sees inevitable growth in the coming months, with millions of traders being able to swap through XFAI from the comfort of their wallet.

By aligning OpenOcean’s best-in-class aggregation services with XFAI’s leading on-chain performance as a DEX, this partnership creates a powerful engine for swap execution. As the leading DEX on Linea, XFAI has already built significant liquidity pools for major tokens like wETH, wBTC, USDC, STONE, and XFIT. More tokens are joining these deep liquidity pools soon.

Together, OpenOcean and XFAI can provide Linea users with access to deep liquidity and optimized token swap rates in one seamless solution — and as more traders flock to Linea’s low-fee environment during future bull cycles, XFAI’s superior efficiency and liquidity will make it the go-to platform for swap execution.

“Aggregators are key to XFAI’s adoption and to the wider adoption of DeFi on Linea. By allowing users to trade from their wallets and across numerous applications utilizing the OpenOcean aggregator, they are unlocking the powers of XFAI for a new audience and introducing waves of new users to the wealth of opportunities within the DeFi sphere”

• Taulant Ramabaja, Chief Scientist, XFAI

“We firmly believe in the importance of open and fair access to liquidity for a thriving crypto market, irrespective of the blockchain. OpenOcean is proud to support such a wide gamut of projects and our latest addition, XFAI, promises to assist in elevating those on-chain value based experiences our community has grown to love. We will continue to seek further ways to cooperate with the XFAI team and make liquidity accessibility even easier and more available to all those who demand it.”

• Guy Polio, BD Growth Team, OpenOcean

By tapping into OpenOcean’s expansive user base, XFAI expands its reach to traders across numerous wallets and applications. At the same time, integrating XFAI gives OpenOcean the best Linea swap rates to offer its users. While the full benefits of this partnership will likely come later as Linea adoption grows, this initial integration lays the groundwork for XFAI’s future success. With OpenOcean’s aggregation services and wallet integrations now unlocked, XFAI has a blueprint for driving volume and cementing itself as the backbone of Linea’s burgeoning DeFi landscape.

This integration signals meaningful progress, but it’s only one milestone in XFAI’s continuing mission to push the boundaries of DeFi innovation on Linea. As always, the DeFi revolution marches forward, and XFAI remains on the front lines. Viva La XForce!

About OpenOcean

OpenOcean is a leading DEX Aggregator, a cross-chain swap aggregator, and Web3 middleware developer in the crypto space, offering a suite of tools across 30+ networks and 1000+ deep liquidity sources. OpenOcean is building a one-stop trading platform, to bring users the best swap returns on their decentralised crypto trading journey.

Website: https://openocean.finance/
Twitter: https://twitter.com/OpenOceanGlobal
Medium: https://medium.com/@openoceanfinance
Telegram: https://t.me/OOFinance
Discord: https://discord.gg/C7PHQaKdNX

About XFAI

XFAI is a new breed of Decentralized Exchange with a new double weighted constant market maker design, enabling better swaps for all tokens & better returns for stakers & LPs. XFAI solves the problem of fragmented liquidity, with singular token pools for assets, meaning concentrated liquidity, thanks to unique architecture which enables every token to be immediately swappable with every other token in a single hop swap, with minimal slippage and better price discovery for long tail tokens.

To stay up to date with the latest on everything XFAI, follow us on X/Twitter and keep an eye on our Telegram Announcements Channel for the most recent updates. You can join our Community in leading the DeFi revolution on Linea.

XFAI x OpenOcean — Aggregator integrations to accelerate XFAI adoption was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Ahoy, XForce and Linea DeFi Voyagers! For those unfamiliar, we’d like to formally introduce ourselves as XFAI — Linea’s next generation Decentralized Exchange (DEX) — with a vision to revolutionize the decentralized finance (DeFi) landscape, XFAI isn’t just another Uniswap fork, it’s a whole different range of cutlery.

Not only is XFAI garnering attention for having the lowest gas fees of any DEX on Linea, we have attracted over $2m in TVL, comprising over 6% of Linea’s total DeFi TVL — including the largest wrapped Bitcoin (wBTC) TVL across the entire chain.

XFAI quickly became the DEX of choice for Linea users to complete their DeFi Voyage swap wave tasks due to the lowest swap fees on Linea, and with an ongoing liquidity provisioning wave for the DeFi Voyage, XFAI is a promising option for users to provide liquidity to complete their voyage tasks - with Liquidity Providers (LPs) being able to earn higher fees than with other DEXs per volume capita due to XFAI’s key features.

With the overwhelming success of Linea DeFi Voyage so far, Linea is already positioning itself to be the new home for DeFi, especially as the industry enters the next bull run. Traders seem primed to migrate to Linea for more favourable gas prices, scalability, and trading opportunities compared to high-cost chains like Ethereum.

The introduction to innovation

XFAI is the brainchild of blockchain maestro brothers Lum and Taulant Ramabaja who are renowned and accredited in their fields of AI and decentralized systems having won multiple prestigious awards, supported by core team members hailing from successful projects such as Parity Tech, Polkadot, Synthetix and Ecomi (to name just a few), and backed by AU21 Capital, Rarestone Capital, Moonwhale, Tokenomik, LD Capital, TDeFi, Fission Capital, Kyros Ventures and Vendetta Capital.

XFAI is the mathematically most capital efficient DEX and aims to be the pinnacle of trading on the Linea ecosystem, boasting an entirely new innovative DEX architecture that:

• Eliminates fragmented liquidity
• Enables better swap results with minimal slippage
• Offers the lowest gas fees for swapping on all of Linea
• Gives better returns for LPs
• Ensures better token liquidity for projects
• Has less set-up costs for projects
• All whilst remaining completely permissionless

*and breathe*

An exchange like no other

A new concept of DEX without token pairs, instead introducing a new double weighted constant market maker design, XFAI pushes the boundaries and re-invents the norm for how swaps happen. Summarized in simple terms, unlike other DEXs with multiple token pairs and multiple liquidity pools for tokens, XFAI instead has one single deep pool of liquidity for each token, which is balanced against a weight of ETH.

When pools are created on XFAI, liquidity providers commit the primary token that they want to supply + an equal value of ETH to be used as the balancing weight. The result of this is that liquidity for each token is concentrated into its own deep pool, resulting in more efficient swaps with minimal slippage, and eliminating the flaw of liquidity being “fragmented” into lots of different pools as with other DEX designs. Because of this, XFAI is more performant than exchanges like Uniswap even with a small percentage of the liquidity proportionally, and XFAI’s performance grows exponentially as liquidity increases.

This unique design also introduces several other standout benefits for traders on Linea, the first of these being that every token is directly swappable without the need for intermediaries. For example, if you wanted to swap from between tokens on Uniswap that didn’t have direct pairings then you’d actually have to do two swaps in the background, but with XFAI’s double weighted model, every token acts as if they were directly paired with every other token, meaning that direct swaps between tokens can all happen in one smooth motion which minimizes slippage. All of this culminates in the best trading results possible, meaning more money in your wallet at the end of a swap.

A new hope for LPs

It’s not just traders who win with XFAI though, the benefits of this new DEX design are widespread, with LPs on XFAI actually being able to make lucrative profitable returns in exchange for providing liquidity (tokens). In contrast, LPs on exchanges such as Uniswap often make negative returns on their liquidity provisioning, owing to fees for providing liquidity being confined to a singular token pairing, which is a problem that is countered by the XFAI approach.

When it comes to fees, XFAI excels ahead in the earning opportunities that are available to LPs, due to the nature of XFAIs concentrated liquidity pools. To recap, when LPs provide liquidity to XFAI, they provide their primary token plus an equal value in ETH as a balancing weight, and the tokens that they have provided each sit in their own singular pools of liquidity, but on other DEX designs, this liquidity is fragmented into different token pairings.

When traders swap tokens on an exchange, liquidity providers earn swap fees — on exchanges like Uniswap, LPs would earn fees for whenever their provided liquidity is traded with, but because liquidity is fragmented into different pools, traders only earn fees when their specific pool is transacted against. With XFAI however it’s a different story, as liquidity for each token sits in one singular deep pool traders earn fees every time a swap happens with the primary token that they’ve provided, meaning more fees and liquidity provisioning opportunities that actually result in profit. Basically, with XFAI, LPs win.

A liquidity haven for projects on Linea

As well as benefiting traders and LPs, the benefits from XFAI’s design lend themself to projects too, creating a more viable trading ground for the wider Linea ecosystem with better liquidity. When projects create liquidity pools on exchanges, they normally have to create multiple token pairings, meaning their liquidity is fragmented between multiple pools/pairings, and they have to commit more capital to create these multiple pools. With XFAI, projects only need to create one liquidity pool, meaning less start-up costs as they don’t need to create multiple pairings, giving them access to deep concentrated liquidity for their token and more viable swaps for their community — it’s a no brainer.

XFAI will also be introducing liquidity generation events for projects, allowing projects on Linea to bootstrap communities by offering token rewards for committing funds which are converted into liquidity, further deepening their token pool and making swaps even more performant, and spurring on the growth of the Linea ecosystem.

Linea as a home for XFAI

XFAI is a Linea exclusive project, having chosen Linea as it’s home chain due to the next generation scalability and advanced performance that Linea as a leading zkEVM offers, with the capabilities of Linea as a next generation chain being an optimal fit for a next generation DEX. Linea’s wealth of experience, being backed by Consensys and championed by Metamask, makes Linea a clear choice for XFAI as Linea seems set to drive the next wave of adoption through its technical capabilities and rich network of credible partners.

Having already established notable partnerships with leading names on Linea like Mendi Finance and StakeStone, XFAI aims to play an integral role within the rich Linea DeFi ecosystem, and grow in tandem with Linea as they onboard the next generation of DeFi users onto their next generation chain. XFAI is incredibly excited to work alongside Linea to usher in the mass adoption of DeFi and champion the incredible experience and high performance that comes with Linea.

About XFAI

XFAI is a new breed of Decentralized Exchange with a new double weighted constant market maker design, enabling better swaps for all tokens & better returns for stakers & LPs. XFAI solves the problem of fragmented liquidity, with singular token pools for assets, meaning concentrated liquidity, thanks to unique architecture which enables every token to be immediately swappable with every other token in a single hop swap, with minimal slippage and better price discovery for long tail tokens.

To stay up to date with the latest on everything XFAI, follow us on X/Twitter and keep an eye on our Telegram Announcements Channel for the most recent updates. You can join our Community in leading the DeFi revolution on Linea.

XFAI — An Overview was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

TLDR: XFAI partners with StakeStone — a premier decentralized omni-chain liquid staking protocol building on Linea, which allows users to earn yield on their ETH. StakeStone is building an ecosystem of products and utilities around $STONE, enabling holders to leverage their tokens as collateral to mint stablecoins and borrow assets on lending platforms, as well as opening up liquidity opportunities in the derivatives marketplace, all whilst generating yield on their ETH.

XFAI’s partnership with StakeStone enables new routes for traders to acquire $STONE, gives LPs better earning opportunities by providing liquidity to XFAI whereby they would incur zero IL and better trading fee dividends, as well as opening the doors for $STONE LPs on XFAI to leverage their liquidity tokens for collateral.

StakeStone — Scalable Yield With Endless Possibilities

StakeStone have already grown their presence across numerous chains including Ethereum, Arbitrum, Base and Mantle, and look poised to cement themselves as one of the premier liquid staking protocols on Linea. StakeStone have integrated a portfolio of blue chip assets to generate higher yields for stakers, $STONE holders and protocols, all under one roof.

With a vast ecosystem of utilities being shaped around $STONE, users are able to utilize StakeStone to earn yield on their ETH, and then put it to work to gain numerous benefits across other major DeFi protocols.

XFAI x StakeStone

With StakeStone looking to dominate their niche on Linea, making it possible for traders to access $STONE on the most efficient and performant DEX on Linea was an easy decision to make. Naturally, XFAI is an ideal hub for potential $STONE traders to transact and for LPs to deposit their liquidity, owing to the benefits of XFAI’s unique design.

To this end, StakeStone have partnered as a liquidity provider to XFAI to seed an initial $STONE pool, and to devise and carry out a joined marketing strategy to further incentivise liquidity provisioning of $STONE, in an initiative that will leverage the traction of the ongoing Linea DeFi campaign to raise adoption and awareness of both protocols.

StakeStone recognised XFAI’s unique design as having major benefits and synergies for their token — in brief summary, when liquidity is supplied to XFAI, LPs commit the primary token that they want to supply (in this instance, $STONE), + an equal value of ETH to be used as the balancing weight. The primary token liquidity ($STONE) is then concentrated into its own deep pool, resulting in more efficient swaps with minimal slippage, creating the best trading environment and most performant swaps for traders.

This has several unique benefits for LPs too — unlike other exchanges where traders would earn fees on the specific pairing they have providers, LPs on XFAI earn swap fees whenever their primary token ($STONE) is traded with, meaning more fees per volume capita for $STONE providers. As well as this, XFAI’s ETH weighted model creates a perfect synergy for liquidity providers of ETH derivative tokens such as $STONE, as the ETH weight counterpart for their liquidity means that $STONE LPs would incur *zero* impermanent loss whilst providing tokens to XFAI, meaning that they can sit back and reap the rewards without having to worry and micromanage their provided assets.

In addition to enabling $STONE to be traded through XFAI’s exchange, XFAI and StakeStone are exploring ways in which XFAI $STONE LP tokens can be used as collateral to obtain liquidity on Linea through XFAI’s current and future lending partners, whereby collateral provided would be an ideal choice for lenders as they are receiving a high value yield bearing asset in return for supplying loans. This creates more utility for $STONE, enhancing the vision of StakeStone to create an ecosystem of utility around their token, furthered by the power of XFAI.

XFAI Positioning As The Ideal Exchange For Projects

This partnership with StakeStone sets a precedent for projects to bring their liquidity to XFAI, leveraging XFAI unique design, deep liquidity pools, and low gas costs to achieve the most desirable swap results for their token traders and opening up the doorways for new prospective holders to acquire tokens on Linea’s most performant exchange. The result of our partnership with StakeStone will bring more fees to XFAI and give more utility to XFAI LPs, as well as acting as a model for replication with other projects to bring their tokens to XFAI.

You can now start trading and providing liquidity of $STONE on XFAI and reap the benefits of Linea’s next generation exchange, as well as earning yield on your newly acquired $STONE tokens. As always, the DeFi revolution marches on! Viva La XFAI.

About StakeStone

StakeStone is an omnichain LST liquidity distribution network. StakeStone is dedicated to building a new liquidity asset called STONE, which offers higher capital efficiency and cross-chain compatibility. By integrating a portfolio of blue-chip assets, STONE provides optimized staking yields for both stakers and protocols in a one-stop shop.

Moreover, STONE’s cross-chain interoperability makes it an ideal underlying asset for protocols across multiple chains, and the growing use cases for STONE on various chains offer STONE users an additional layer of yield. Leveraging STONE as a new liquidity asset and the omnichain distribution system, StakeStone is paving the way for the liquidity distribution infrastructure of the next generation.

Join StakeStone’s community on Telegram and Discord, and follow on Twitter for the latest STONE news.

About XFAI

XFAI is a new breed of Decentralized Exchange with a new double weighted constant market maker design, enabling better swaps for all tokens & better returns for stakers & LPs. XFAI solves the problem of fragmented liquidity, with singular token pools for assets, meaning concentrated liquidity, thanks to unique architecture which enables every token to be immediately swappable with every other token in a single hop swap, with minimal slippage and better price discovery for long tail tokens.

To stay up to date with the latest on everything XFAI, follow us on X/Twitter and keep an eye on our Telegram Announcements Channel for the most recent updates. You can join our Community in leading the DeFi revolution on Linea.

XFAI x StakeStone — Securing supreme stipends for $STONE suppliers was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

TLDR: XFAI partners with Mendi Finance — a leading decentralized lending platform on Linea which allows users to deposit their assets as collateral to obtain loans and offers APY to lenders, creating an economy of borrowers and lenders and injecting more liquidity into the wider Linea ecosystem. XFAI’s partnership with Mendi establishes an easy route for lenders to liquidate collateral from defaulted loans via the XFAI exchange, and explores creative solutions in which XFAI LP can be used as collateral to obtain easy liquidity.

Mendi — a leader in Lendi(ng)

Mendi has already established themselves as one of the leading lending platforms on Linea, having over $3M of assets flowing through their platform; with $2M of assets currently being borrowed and over $1M in readily available TVL for borrowers to tap into.

With borrowers already being able to access quick liquidity of USDC, USDT, wETH and DAI, and lenders being able to make a sustainable APY for making their assets able to be borrowed, Mendi is fostering a charge to bolster activity on the Linea ecosystem with access to fast liquidity for borrowers and giving lenders new earning opportunities and high value collateral as a surety.

XFAI x Mendi

With Mendi’s vision of creating the most efficient and viable lending market on Linea, there is a need for them to be able to offer lenders on their platform an easy way to liquidate collateral when a borrower defaults on their loan. That’s where XFAI comes in, as one key element of the partnership between Mendi and XFAI means that Mendi will be able to leverage XFAI’s Swap APIs as an easy route for their user base to cash in on their collateral.

“Money markets and DEXs are a crucial part of DeFi ecosystems since their inception. Further enabling leverage by new products is crucial to deepen the liquidity and provide a streamlined UX during the early stages of the Linea zkRollup’s adoption ”

• Borna, Chief Mountaineer, Mendi Finance

By joining forces with XFAI, Mendi have forged a partnership which empowers them to enable wBTC to be used as collateral for obtaining loans on Mendi in addition to the currently offered USDC, USDT, wETH and DAI, as lenders will now be able to liquidate any defaulted wBTC collateral through XFAI’s deep wBTC pool (which holds the largest wBTC TVL across all of Linea), opening up a new market for liquidity on Mendi and growing their user base through their now expanded offerings.

In addition to enabling wBTC to be liquidated through XFAI’s exchange, XFAI and Mendi are exploring ways in which XFAI LP tokens can be used as collateral to obtain liquidity on Linea. XFAI and Mendi will be exploring this use case first in XFAI’s wBTC-ETH LP, creating a market in which wBTC-ETH LP can be used to obtain an over collateralized loan for a quick injection of liquidity in USDT, USDC, wETH, DAI and wBTC. In case of liquidation, LP liquidators would redeem the underlying tokens and then swap those, instead of directly swapping LP tokens, all of which will be facilitated through XFAI’s deep wBTC pool, creating a more efficient and safer route for obtaining liquidity and liquidating defaulted collateral.

As XFAI attracts more liquidity, it opens up more opportunities to deepen the long term relationship between XFAI and Mendi, with more of XFAI’s deep pools being able to be leveraged to support liquidations through Mendi, and exploration into enabling more LP from XFAI to be used as collateral for obtaining loans on Mendi, creating a partnership that will grow in line as both protocols continue to develop and expand.

Establishing XFAI as the most exceptional exchange on Linea

This partnership with Mendi is the first of many in which XFAI’s swap API and LP will be utilized by other protocols, leveraging XFAI unique design and deep liquidity pools to achieve the most desirable swap results on Linea. XFAI has already attracted a sizable share of the total TVL currently on Linea, and by joining forces with Mendi — which will drive more fees to XFAI and give more utility to XFAI LP — we’re giving even more reasons for liquidity providers to deposit their assets on to XFAI.

“Leverage is the future of trading. The combination of XFAI’s unique architecture and Mendi’s approach will usher in an era of leverage on Linea”

• Taulant Ramabaja, Chief Scientist, XFAI

By partnering with Mendi, we are giving more credence to the architecture of XFAI and starting the charge of establishing ourselves as one of the leading exchanges on Linea. This partnership is the first of many underway that means XFAI will become a backbone of DeFi on Linea, allowing projects utilizing XFAI to grow at scale by leveraging the deepest concentrated liquidity pools on Linea. We’re looking forward to spurring growth on the Linea ecosystem, and we’re incredibly excited to partner with Mendi in making their decentralized lending easier than ever.

Until next time XForce — we continue to build; this is just the start of our movement on Linea. As always, the DeFi revolution marches on! Viva La XFAI.

About Mendi

Mendi Finance is an EVM compatible lending/borrowing protocol on Linea. Mendi Finance provides peer-to-peer lending solutions that are fully decentralized, transparent and non-custodial.

Mendi Finance has a specific focus on bringing new and secure opportunities to its community. We are specifically focusing on enabling LP collaterals through our product partnerships and bringing RWAs to the lending protocol once secure and robust on-chain architecture is built around these new assets.

About XFAI

XFAI is a new breed of Decentralized Exchange with a new double weighted constant market maker design, enabling better swaps for all tokens & better returns for stakers & LPs. XFAI solves the problem of fragmented liquidity, with singular token pools for assets, meaning concentrated liquidity, thanks to unique architecture which enables every token to be immediately swappable with every other token in a single hop swap, with minimal slippage and better price discovery for long tail tokens.

To stay up to date with the latest on everything XFAI, follow us on X/Twitter and keep an eye on our Telegram Announcements Channel for the most recent updates. You can join our Community in leading the DeFi revolution on Linea.

XFAI x Mendi — Expediting Mendi’s mission to become king of lending on Linea was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hello XForce!

It’s time for your August updates, and we have some big ones for you, as well as ticking the boxes off some necessary tasks and documentation to make things easier for partners. We know the XForce has been patiently waiting for breadcrumbs, and we’ve been busy baking — so, let’s get into it.

A new layer of Xfai 🎂

Starting with the most exciting and imminent news — Xfai is about to break through to a new layer of DeFi. A new Zero Knowledge Layer 2, that is. The chain in question is Linea — a recently launched chain by Consensys, who are some of the biggest players in Web3 with household name products including Metamask and Infura. Linea have recently launched their mainnet and mainnet bridges are now live; which means that projects can start to migrate their liquidity over to Linea.

Considering the credibility, experience and success of Linea’s parents and siblings, we believe that Linea is well positioned for attracting users and volume through the coming months and in future bull markets, especially when gas fees will be extremely volatile on Ethereum mainnet. Even now, Linea creates a great opportunity for arbitrage, solvers, and traders wanting to take advantage of all that Xfai has to offer, as Linea’s low network fees mean higher profits and more frequency of advantageous trading opportunities. Because of this, Xfai has chosen to deploy on Linea and will be migrating liquidity from the Ethereum chain pools over to Linea through this weekend.

Over the course of the next few days, in addition to the migration of liquidity to Linea, you will notice that Xfai’s dApp will load by default to Linea, as we position ourselves to focus primarily on Linea and other side chains for now; before returning focus to growing Ethereum liquidity and volume once we are more established through our success on other chains.

New side chains. New fees. Same $XFIT.

With a new adventure to a new chain, this means new fees will be earned by Infinity Stakers and Liquidity Providers on Linea. For all current iNFT holders, we will be airdropping you iNFTs with equivalent shares as your Ethereum iNFTs — these will be sent to your Linea address (if you haven’t made one yet, don’t worry — as Linea is an Ethereum Layer 2, when you add Linea Chain to your wallet, your iNFTs will show) which means that you will get exposure to fees from swaps that happen from Xfai’s deployment on Linea. We will share the relevant contract addresses and details for these NFTs in due course.

In addition; we will not be issuing a new $XFIT token for Linea — those who wish to mint an iNFT to get exposure to fees from swaps on Linea or to boost an existing iNFT will be able to do so using/bridging the current ETH native $XFIT token; giving more utility to the token and creating more avenues for the $XFIT token to become increasingly deflationary and scarce.

This ensures that all current iNFT holders will gain exposure to fees that are generated on this new chain whilst we focus on building Xfai’s reputation away from Ethereum for the time being; and that $XFIT holders will win from deflationary benefits of new users minting or boosting iNFTs on Linea.

Papers, please!

In other news; the Xfai documentation is also now live and available on https://docs.xfai.com/ and can be accessed from the main Xfai website — so for anyone wanting to read all about Xfai and the inner intricacies of how everything works, this one’s for you.

This documentation also makes it incredibly simple for aggregators, solvers, protocols and applications to integrate with Xfai; and for large liquidity providers and market makers to easily digest the full scope and opportunities provided by Xfai. This documentation will be continually updated as we push forward with our developments; so it can be considered the living codex of all things Xfai.

Our goal going forwards is to attract these entities to Xfai and continue to draw liquidity to Linea and push ahead with more integrations with aggregators and solvers who will drive volume; as well as bringing Xfai to more side chains in the near future to enact the same strategies and utilize the same advantages that Xfai will see from launching on Linea.

Thanks for the support as always XForce; we hope you find these breadcrumbs sufficient and succulent — we’ll get back to baking for your next delivery. As always; the DeFi revolution marches on! Viva La Xfai.

Xfai — August Updates was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hello XForce!

Today marks an extraordinary milestone that is set to redefine the DeFi landscape — we’re thrilled to announce the integration of XFAI DEX with 1inch, the leading aggregator in DeFi. With over 286 billion in total volume traded through their protocol, 1inch has established itself as a central hub for traders seeking capital-efficient routes for swaps. It is only natural that an integration with XFAI’s DEX, the epitome of capital efficiency, would be a perfect match for both platforms.

Why is this significant?

1inch has already established themselves at the forefront of the DeFi landscape, being a central hub for traders to use to get the most efficient trades; and the volume that they have seen pass through their protocol is a testament to this. We are incredibly proud to be working alongside such an esteemed name. With the first aggregator integration of XFAI being completed with the leading aggregator in the space, XFAI is setting the precedent to become the leading DEX and laying the framework for the future to become integrated with all other major aggregators in the space.

What does this mean for XFAI?

Now that XFAI is officially supported on 1inch, trades on 1inch for tokens that are available on XFAI will start to be routed through our DEX, driving volume through XFAI and bringing even greater returns for Liquidity Providers and Infinity Stakers. With the current liquidity levels on XFAI, traders on 1inch can already get better swaps for tokens than on Uniswap, which will continue to improve as liquidity on XFAI increases. As liquidity grows on XFAI, trades will become even more efficient and XFAI will become established as the default route for swaps in DeFi through aggregators due to the deep liquidity and viability of swaps that is made possible through our revolutionary design

Not only does this integration ensure that XFAI is set to become the home for trades in DeFi, by extension it also gives even more incentives for large Liquidity Providers to come to XFAI and make our DEX the home for their liquidity, knowing that volume captured through our integration with 1inch will see their returns maximized further.

What’s on the horizon?

With our audit by our esteemed partners, Halborn, nearing completion in the coming weeks, and our integration into 1inch, XFAI is making tremendous progress toward revolutionizing the DEX landscape and becoming the premier exchange in Web3. Our next goal is to forge partnerships with more aggregators and collaborate with major liquidity providers, setting the stage for XFAI to capture the majority of the volume in DeFi and attract significant liquidity, solidifying our position at the forefront of the DeFi landscape.

The XFAI journey is well underway, and we are bubbling with excitement for the incredible things yet to come. As always, XForce, we are grateful for your unwavering support, and we take immense pride in celebrating this momentous integration into 1inch with you!

Thank you for joining us on this epic quest to redefine DeFi forever!

XFAI x 1inch — a landmark integration ensuring unparalleled capital efficiency was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hello there, XForce community!

We have some exciting news for you today! The XFAI DEX smart contract is currently being audited by the esteemed Web3 security company, Halborn. After extensive research into the auditing and security landscape, we decided to engage Halborn for this crucial task. Their consistent delivery of exceptional results and their holistic approach to security has earned them a reputation that we greatly respect and admire. This strategic step is a testament to our commitment to bolster security and foster more collaborations with Web3 projects and large liquidity providers.

Why is This Crucial?

Although an audit is not the final assurance of security, high-quality and thorough audits significantly mitigate risks associated for third parties wanting to integrate XFAI. To position XFAI as the primary platform for liquidity and price discovery of all tokens, a comprehensive and rigorous audit is indispensable.

Engaging Halborn

As an industry leader, Halborn is renowned for its comprehensive audit processes and for considering security in a more holistic manner, beyond just smart contracts. Their team, comprised of blockchain experts, security professionals, and experienced developers, assures precision and an unwavering focus on security. Having worked with some of the most prominent names in the space like Solana, Polygon, Dapper, Reef, Bored Ape Yacht Club and more, engaging Halborn was a clear choice for us for this significant task.

What Does This Mean for XFAI and Our Future Partners?

This audit is not merely about enhancing security; it’s a strategic move towards growth and expansion. By reinforcing the security of our smart contracts, we seek to inspire more third-party Web3 projects to integrate with our platform and invite major liquidity providers to fully invest in our ecosystem. This will undeniably expand our platform’s reach, increase liquidity, and enhance user experience.

In the upcoming weeks, we anticipate the completion of the audit, following which we will present a detailed report that outlines the process, findings, and enhancements implemented in our smart contracts.

We want to express our heartfelt thanks for your continuous trust and support. As we maintain our dedication to security and transparency, we are thrilled about the partnerships and growth opportunities that this audit will catalyze. We are eager to share our progress with you and remain committed to establishing XFAI as the nucleus of DeFi.

XFAI Smart Contract Audit — Fortifying Security with Halborn was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Audit

As we have shared previously; after a few annoying procedural experiences with the previous auditor, we have decided to finalize the audit report with another auditor who has an excellent track record within the space. With the audit underway, our aim is to have a long-term partnership with the new auditor for future releases as well.

For a final report, we have a tentative date of June; upon which we will be able to more easily onboard Liquidity Providers onto Xfai. The audit has taken quite a lot of our time, but it is important that we prioritize maximal security, even if it means waiting. Good things are worth waiting for; and great things even more so. We will keep you posted on the Audit progress throughout the next few weeks.

DEX Aggregator

Integration with the DEX aggregator is also underway — we had expected that the integration would be finalized by now, but there are still some small steps left to finish on their side. We’re looking forward to announcing the integration as being live when the process is completed.

Stats page

We are working on including a stats page to the dApp that would enable users to have a more in depth view around pool stats and the burned and circulating supply of XFIT.

We have also listened to user feedback and will make it possible to visit the dApp and see the pages and statistics before connecting your wallet. If you have any more feedback on the dApp so far, we’d love to hear!

As always, we’re incredibly excited to revolutionize DeFi with the Xfai DEX. The odyssey to DeFi dominance continues. Thanks for your amazing support on this journey, XForce!

Xfai: Tech Update was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.

Hello XForce! Today marks a historic day in the story of Xfai! After nearly 2 years of building and perfecting, the first steps on the road to the DeFi revolution are about to be taken.

For those of you who are new to the XForce, you can dive into our whitepaper to understand exactly what we’ve built, and why it’s going to change the DEX game forever.

For those who are already familiar with Xfai, fasten your seatbelts — it’s time for takeoff. The age of Uniswap dominance is over; welcome to the Xfai era.

What happens now?

Our DEX, the ultimate automated trading platform, goes live NOW. This means:

• You can trade directly between any token on Xfai with minimal slippage and get the best swap results of any DEX
• You can provide liquidity to supported pools and enjoy juicy APYs on all tokens
• Projects can list on Xfai and enjoy deep liquidity with less set-up costs and better price discovery
• Arbitrageurs can leverage xfETH for flash loans, revolutionizing the way arbitrage works
• Infinity Staking starts NOW! You’ll start to earn fees from every swap that happens on Xfai

We’ve already seeded initial liquidity for 67 tokens which are available for trading right now. With our permissionless nature, anyone can create pools and benefit from better price discovery and deep, concentrated liquidity pools for provided tokens.

What happens next?

With our launch today on Ethereum, we’re going to focus on onboarding more tokens onto Xfai, as well as integrating with DEX aggregators to utilize our services; which will always give the best price for their users.

The first MAJOR aggregator integration will be announced soon — so keep your eyes peeled!

After that, we’ll be bringing the DeFi revolution to BNB Chain and other EVM chains, as well as onboarding Xfai onto zero knowledge chains in the near future too. It’s been an exhilarating journey to date; and it’s a monumental moment to bring our creation live — but the best is yet to come.

Tell your friends; we’re just getting started 😉

Xfai Mainnet: LIVE was originally published in XFai-official on Medium, where people are continuing the conversation by highlighting and responding to this story.