Credit Unions and Cooperatives anywhere in the world can now channel capital into savings and earn higher interest in stable currencies.
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What is Xend FinanceTraditional Credit Unions are location dependent, this means that all members must
be in a particular geographical area to be a part of a credit union. They have very low
annual percentage yields. Smaller credit unions have access to very little amount of
liquidity, hence they give very small loans with high interest rates.
XendFinance has broken down these barriers by providing a location agnostic protocol
that can be accessed from anywhere in the world, providing high annual percentage
yields of up to 20%, access to global decentralized financial services such as DeFi
savings, DeFi lending and DeFi borrowing and access to decentralized insurance to
ensure protection of deposited assets.
Credit Unions and Individuals can now easily store their money in foreign and stable
digital currencies, earn interest in the foreign stable currencies and also borrow in
foreign stable currencies. Access to their funds is instant and no 3rd party is required.
Using a decentralized governance process puts the community in charge of operations
thereby reducing risks and improving the viability of the project.
DetailsPre-sales: Apr 01, 2019 - Apr 25, 2019
Public sales: Mar 22, 2021 - Mar 24, 2021
IEO (Ascendex Launchpad): TBA - TBA
Token supply: 200,000,000 XEND
Soft cap: 1,500,000 USD
Hard cap: 5,000,000 USD
LegalBlockchain Platform: Ethereum
Registration country: Virgin Islands (British)
Registration year: 2020
Office address: Bethel Plaza, 36 Garden Avenue
Token infoTicker: XEND
Token standard: BEP20
Token price in USD: 1 XEND = 1 USD
Accepted currencies: BTC, ETH, USDT
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