xAPP lets you swap, bridge assets, acquire tokens, add liquidity and join our staking program for CrossFi Chain rewards. Earn extra platform rewards from network transaction fees.
.01feature guide
Swap
The Swap feature is designed to provide users with immediate access to liquidity on CrossFi, facilitating quick and efficient asset exchange.
Function: Swap between USDT and XFI exclusively on the CrossFi Chain.
Bridge
The Bridge function is intended to seamlessly connect different blockchain networks, allowing for the transfer of assets across various EVM-compatible chains with ease. The Bridge function primarily exists to bridge XFI, XUSD, and USDT to and from the CrossFi Chain; all tokens are OFTs powered by the LayerZero Standard.
Get XFI
Get XFI serves to streamline the acquisition of XFI tokens by leveraging Sushi's liquidity pools across chains through LayerZero, enhancing cross-chain interoperability and accessibility
Get lpXFI
Obtaining lpXFI is aimed at empowering users to become liquidity providers, by contributing to the liquidity of XFI and USDT on CrossFi Chain. Staked lpXFI will be eligible for rewards, explained in the Vault section below.
Valut
The Vault function acts as a central hub for users to track and manage their liquid and staked assets, providing a comprehensive overview of their holdings within the xApp. At the tap of a finger, users are redirected to get the required assets to participate in Vault earnings.
.02Rewards
Engage and Earn: CrossFi's Reward System Unleashed!
The Reward Distribution System is crafted to foster engagement and participation within the CrossFi ecosystem. Participants may be rewarded with ETH, XFI, and esXFI. These rewards are issued as a direct benefit to users who actively contribute to the ecosystem’s vitality.
Sources of Rewards:
Rewards are accrued from multiple streams within the ecosystem:
LayerZero Commissions A portion of the fees generated from LayerZero operations is set aside as rewards for ecosystem participants - rewards are in ETH.
Trading Fees Users can earn rewards from the trading fees that are collected from CrossFi asset pools on the CrossFi Chain. These fees are redistributed to incentivize and reward active traders and liquidity providers.
Foundation Stake The CrossFi foundation stakes MPX which releases XFI as rewards, users can receive these rewards in the form of esXFI (escrowed XFI), which can be redeemed for XFI by users who are willing to lock their lpXFI for a predetermined period. This mechanism encourages long-term engagement and contributes to the stability of the platform.
.03Escrowed Rewards
Staking
Stake lpXFI tokens through the xApp to earn esXFI rewards and additional ETH. This not only contributes to the network's liquidity but also aligns the interests of stakeholders with those of the network.
Vesting and Claiming XFI
Stake lpXFI tokens through the xApp to earn esXFI rewards and additional ETH. This not only contributes to the network's liquidity but also aligns the interests of stakeholders with those of the network.
.04CrossFI xAPP Features
Maximize Your Digital Assets
CrossFi's xAPP is a comprehensive tool for managing your digital assets on and outside of the CrossFi Chain. Utilize the xAPP features to maximize your engagement and rewards within the CrossFi ecosystem.
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