DeFi has been dominating the cryptocurrency market for the last few years, and has been making fortunes in several areas such as mining, staking, and derivatives. Until now, the free DeFi financial market is still full of infinite vitality and energy, with more and more new projects moving in and launching aggregated eco-applications. In this ecosystem, users break through geographical boundaries and have the pleasure of “trading anywhere, anytime”. Among the many projects, a quality project called X METAVERSE PR has made a perfect performance in the market and has attracted the attention of investors from all walks of life.
What is X METAVERSE PRO?
X METAVERSE PRO is a typical decentralized financial platform in the industry, which can also be seen as a decentralized reserve currency protocol backing its token $XMETA. $XMETA is backed by a basket of digital properties that adds liquidity through BNB, USDT, ETH, BTC, LP TOKEN, etc., thus supporting the value of $XMETA.
In the X METAVERSE ecology, one thing is crucial — a unique “liquidity-as-a-service” platform. The platform can help other projects to develop protocols with a liquidity mechanism. In addition, $XMETA doesn’t base on US dollar, instead, it programs monetary policies into smart contracts and manage it by community governance at different degrees and decentralized methods. In this way, $XMETA has become a better option to replace liquid currency which is widely acclaimed in the industry.
X METAVERSE PRO is committed to creating a financial service platform and cryptocurrency system that aims to generate revenue for the platform through traffic growth and wealth creation, and bring economic stability and wealth appreciation through $XMETA. In a virtuous ecological operation, $XMETA will become a global reserve currency and play an important role as a medium of exchange and a unit of account operation. In addition, holders will benefit from $XMETA’s DAO governance and participate in important matters such as voting, collaboration, and protocol regulation.
For the next phase, X METAVERSE PRO has a clearly plan and vision. X METAVERSE PRO will incentivize long-term sticky liquidity; attract capital to create momentum and increase product popularity; and focus on distributing tokens to put “decentralized governance of the protocol” into practice.
What is $XMETA exactly?
$XMETA is the core ecological token of X METAVERSE PRO, which aims to become a fully decentralized DeFi 2.0 reserve currency based on the X Metaverse Ecology and WEB 3.0. It is worth mentioning that X METAVERSE PRO’s protocol vault holds a portion of the reserve, which provides the $XMETA token holders with a free-floating value and gives the token an intrinsic value.
Each $XMETA token is backed by a USDT. When the value of $XMETA is above 1 USDT, the protocol will use the premium to mint more $XMETA and distribute it to all $XMETA holders; when the value of $XMETA is below 1 USDT, the protocol will buy back $XMETA and destroy it to bring the price back up to at least 1 USDT by reducing the circulation.
At the same time, X METAVERSE PRO solves the liquidity problem by “providing bonds for a small fee”. X METAVERSE PRO can help the protocol to gain its own liquidity, so that it no longer needs to pay high incentives to rent liquidity, it can also ensure the liquidity durability on this basis and thus facilitate trading. In addition, the staking mechanism helps to regulate the supply and expansion of $XMETA. Users can stake $XMETA tokens and LP tokens to automatically receive compound $XMETA rewards.
X METAVERSE PRO uses innovative thinking to create $XMETA that takes into account both the need for supply growth and price appreciation. So, no matter how volatile the market is, $XMETA can always maintain its strong purchasing power.