How can I invest in X7 Finance?
There are four areas to invest within #X7Finance
- Retail Token - $X7R
- Governance Token - $X7DAO
- Staking Ethereum - $X7D
- Arbitrage Tokens - $X7101, $X7102, $X7103, $X7104, $X7105
What is $X7R?
This is the reward token that receives buybacks, burns, and liquidity additions.
More details can be found on the $X7R Whitepaper page here
What is $X7DAO?
All dynamic aspects of the X7 ecosystem will ultimately rest with the DAO to decide upon.
More details can be found on the FAQ governance questions here
What is $X7D?
The $X7D token is a proof of ownership token of how much funds you have deposited to the lending pool.
For example, if you deposit 1 ETH to the lending pool, you will receive 1 $X7D token.
What if I hold $X7D and there is no funds in the lending pool?
If you want to convert your $X7D to ETH you can do this anytime, even if there are no funds in the lending pool.
If this happens, your ETH will be withdrawn from the constellation tokens; these ensure there are always enough funds in the ecosystem.
Can I make a profit on my $X7D tokens?
Yes, you can; you will be able to wrap your $X7D into an NFT that increases in value depending on when you create the NFT and the floor price of the constellation tokens when you unwrap the NFT.
Do you have any details on the constellation tokens / quints?
You can find more information on the constellation tokens page here
Where can I find the contract and purchase links for these tokens?
These can be found on the contracts page here
What is Loan lending NFT?
When a project makes a request for a loan and there are insufficient funds in the lending pool an NFT will be minted with a fee in line with the projects loan amount.
An outside investor can then purchase this NFT, and the funds will be used for the project's liquidity pair loan.
You can find more details on Tokenized Loans here
