XSwap Protocol update: XSP Live price, price chart, news and markets

XSwap Protocol
XSP
star share
$0.0007225
arrow-up
-2.52%
Rank #5319 | Category
altcoin
Market Cap btn-info
$1,731,798
Fully Diluted Market Cap btn-info
$9,392,236
Volume btn-info
$88,493

XSwap Protocol Price Chart Update [XSP]

XSwap Protocol Price Update Today

The XSP price update as of now is $0.0007225. In the previous 24 hours, its trading volume was $88,493, and its value has decreased by -2.52%. As of now, XSP's live market cap is $1,731,798, and it is ranked as the #5319 on the Coincu. XSP has a circulating supply of 13,000,000,000 and a maximum supply of 13,000,000,000.

About XSwap Protocol

PoolStamp: A Revolutionary Automated Market Maker for XRC20 Tokens

PoolStamp is a cutting-edge automated market maker protocol specifically designed for XRC20 tokens on the Xinfin Network (XDC). With its emphasis on providing a secure, fast, and resource-efficient platform for peer-to-peer exchange of digital assets, PoolStamp aims to revolutionize the market and compete against popular platforms like PancakeSwap (CAKE) and Uniswap (UNI).

Developed on top of the XinFin XDC Network, PoolStamp facilitates seamless exchange between XRC-20 tokens, which are similar to ERC-20 tokens on Ethereum and TRC-20 tokens on Tron.

Redefining Crypto Markets with PoolStamp

Apart from its robust exchange and liquidity ecosystem, PoolStamp also serves as a gateway to crypto markets for early-stage products across diverse industries.

The decision to build PoolStamp on the XinFin XDC Network was driven by multiple factors. The comprehensive approach of the XinFin XDC Network makes it highly suitable for a wide range of use cases, including those relevant to governments, private firms, and research teams. The hybrid architecture of this network ensures versatility and operational efficiency in distributed solutions.

Moreover, the XinFin XDC Network processes over 2,000 transactions per second with a latency of just two seconds.

PoolStamp leverages the native asset of the XinFin XDC Network, XDC coin, as a mediator for its operations.

Innovative Tokenomics Model: Staking, Farming, and Token Allocation

PoolStamp incorporates a high-performance automated market making engine that enables liquidity providers to earn periodic LP rewards by locking their XRC-20 tokens in various pools. This presents a simple passive income opportunity for crypto enthusiasts of all expertise levels.

Additionally, PoolStamp offers a native staking module that allows users to benefit from injecting liquidity into a single token, presenting another avenue for earning rewards.

The core utility and governance token of PoolStamp is XSP, with a total token supply capped at 13,000,000,000 coins. Out of these, 10% are locked for the team and founders, subject to a 30-month vesting period. Every 90 days, 130 million XSP tokens will become available.

A substantial portion of the token supply, 23%, will be released for public sale, while 20% will be allocated for the listing campaign and partnerships. The largest share, 47% of XSP, will be dedicated to advancing the progress of the PoolStamp ecosystem. Additionally, a portion of the XSP supply will be distributed among bounty hunters, airdrop participants, and ambassadors.

XSP tokens will also be utilized for additional rewards within PoolStamp's staking and farming programs.

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XSwap Protocol Markets
# Exchange Pair Price Volume Mkt Share Recommend
1 Bitrue XSP/XDC $0.0007227 $87,665 99.53%
2 Bitrue XSP/USDT $0.0007350 $411 0.47%
Smart Contract
Cir. Supply
13,000,000,000

Max Supply
13,000,000,000