https://etherscan.io/tx/0x67d9994e442e0cc70331ddfe2f8c58cda48a1169d436058f4298e30cea35253a
gm or gn
With the global crypto revelations around centralized borrowing and lending coming to a head today, the benefit of the trustless decentralized financial paradigm is showing its importance.
Xchange's initial liquidity loan facility will provide access to capital by making a market through a modified UniswapV2 style Automated Market Maker.
At no time will the lending pool (and by extension the X7D depositors) be exposed to any counterparty risk whatsoever.
X7 will be providing a set of financial guarantees that not even some of the most public CeFi and TradFi businesses can offer.
Trust code. Long live DeFi!
