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Revenue model of $XDEFI token ​

The economic model of $XDEFI token is as good as the ability to generate revenue for the project.

XDEFI Wallet generates fees from several features:

Trading Activity ​

XDEFI generates revenue from swaps and bridge (applications/platforms using it are listed here).

-> 75% of the net revenue generated from all swaps, bridging and staking are used to buy $XDEFI on the open market.

These purchased tokens are rewarded to token holders who stake $XDEFI.

INFO

  • XDEFI swap fees are 0.30%.
  • Swaps fees via THORChain DEX aggregator provider are 0.15%.
  • Swap fees are more than 50% less expensive than the 0.85% charged at MetaMask and Phantom as of 15 May 2023.

This model creates a virtuous cycle for the $XDEFI token holders:

  • More XDEFI Wallet and Web App users means
  • Larger swap & bridge volume (and more fees earned), which means
  • Larger $XDEFI buybacks and greater rewards for $XDEFI stakers

INFO

In the near-term, $XDEFI staking rewards will continue to be supplemented with funds from the XDEFI Treasury.

Staking Activity ​

XDEFI Technologies will implement staking within wallet throught partners during 2024.

Here is our current list of partner:

While users will have the option to stake with the validator of their choice in the interface, the default validator will be a partner with whom commissions fees will be splitted, thus improving XDEFI revenue.

Liquidity Provision ​

XDEFI Wallet has partnered with Portals.fi to implement single-sided liquidity provision directly from within its products.

The swap fee are 0.25%, as voted on May 3, 2023.

-> 75% of the net revenue will be used to buyback $XDEFI on the open market and the $XDEFI will be rewarded to stakers.

Gas Abstraction ​

XDEFI Wallet is introducing an innovative new feature that allows users to lock up stable coins to pay for transaction fees in a "gas tank."

This reserve will enable quick and easy payment of transaction fees without the need for multiple transactions or disruptions in the flow of activity.

A fee will be charged when funds are deposited in stables into the gas tank (TBD).