DRUMS ROLLING!!! XDEF ANNOUNCES IDO ON POLKASTARTER
Hello everyone, the moment has finally arrived to make it official. We at XDEF Finance are extremely proud to announce our Initial Dex Offering (IDO) on Polkastarter. Polkastarter, an innovative platform being built on Polkadot, is striving to enable projects to raise the required capital in a decentralized and interoperable environment. With their recent launch of 3 projects, all of which sold out within minutes, we are extremely excited to be one of the first projects to have an IDO on Polkastarter and create history.
(Rebase Token created by Combine Finance Team)
XDEF Finance is an elastic synthetic index fund based on DeFi TVL with a daily rebase system. XDEF will be one of the successful projects born by the Combine Finance Team. The nature of XDEF makes it flexible enough to be scalable as well as to accommodate and suit investors with an avenue to increase risk management, hence ushering in a new breed of investments.
It is a brand new asset class that can be traded and pegged against the underlying asset in the ratio of 1:1.
The XDEF protocol automatically adjusts supply in response to demand. When price is high, wallet balances increase. When price is low, wallet balances decrease. Therefore users’ holdings don’t change and are not watered down by the conditions of the market.
XDEF is set to revolutionize how crypto enthusiasts, holders, and individuals invest in digital assets
- XDEF will be launched on Polkastarter platform on the 26th December 2020. Token unlock will happen on 10 January.
- Ethereum will be the only currency that will be accepted by investors.
- The price per $XDEF token in this public round is $0.16/XDEF.
- Only 50% for seed round, private round, and public sale
- If you own 1% of the network, you’ll always own 1%. No party extracts value and there are no added transaction fees.
Xdef is raising US$250,000 denominated in ETH, out of which $150k will exclusively be made available for Polkstarter IDO.
Seed and Private $XDEF information
The Initial Market Cap on listing for $XDEF will be ~$800k USD.
Seed round: Raised $65k at a seed sale price of $0.06 per token with a vesting schedule of 25% unlocked at TGE and 25% per quarter fully unlocked after nine months.
Private one (P1) round: Raised $500k at a price of $0.10 per with a vesting schedule of 50% unlocked at TGE and 25% unlocked per quarter, fully unlocked after six months.
Private two (P2) round: Raised $100k at a price of $0.11 per with a vesting schedule of 50% unlocked at TGE and 25% unlocked per quarter, fully unlocked after six months.
To be part of the community, do click on any of the links below.
XDEF is created by the team behind Combine finance, experienced and well versed in the cryptocurrency ecosystem. Defined as the first tokenized derivative, a pioneer with an effective trading pair and transfer of values. Designed to reward holders and members of its community.
Polkastarter, a permissionless DEX built for cross-chain token pools and auctions, will enable XDEF to achieve financial success by providing them with a cheap, fast, and easy platform to raise and exchange capital, it offers a secure and viable environment for users to participate and to use assets that go way beyond the current standard of ERC20.