XSwap TreasurePrice

(XTT)

XSwap Treasure (XTT) is the secondary utility token for the XSwap Protocol, which serves as the premier decentralized exchange and automated market maker on the XDC Network. While XSP functions as the main governance token, XTT is primarily used as a farming reward for liquidity providers and as the native currency for the XDC.sale Launchpad. To view XTT in a digital wallet, users must manually import the contract address xdc17476dc3eda45ad916ceaddea325b240a7fb259d, potentially replacing the prefix with '0x' depending on the wallet's format.

XSP and XTT are both integral to the same ecosystem but serve different purposes. XSP is the primary asset for the decentralized exchange, focusing on governance and core ecosystem functions. XTT was specifically developed to incentivize the community by rewarding liquidity providers and facilitating the launch of new projects through the Treasure sub-project. This dual-token system allows the protocol to separate governance from inflationary reward mechanisms.

XTT offers multiple utilities within the XDC Network. It is used for staking, where users can earn additional XTT or tokens from emerging projects. It also serves as the reward currency for liquidity providers on the XSwap DEX. Furthermore, holding XTT is often required to access Initial DEX Offerings (IDOs) on the XDC.sale platform. For governance, users can utilize 'veXTT' (vote-escrowed XTT) to vote on protocol emissions and various improvement proposals.

The most liquid market for XTT is the XSwap DEX, typically paired against XDC or USDT. Information regarding the token can also be found on major exchange platforms like LBank. To acquire XTT, users may need to bridge funds from other networks like Ethereum or BNB Chain. Common cross-chain solutions are used to move assets such as USDC or USDT to the XDC Network, enabling users to participate in the ecosystem.

Flexible Staking allows users to withdraw their XTT at any time with the benefit of auto-compounding rewards, though a small fee may apply if tokens are withdrawn within 72 hours. Fixed-Term Staking involves locking XTT for a predetermined duration, such as several weeks or months. This commitment grants users a significantly higher APY and provides more 'weight' when determining governance influence or eligibility for higher tiers in the project launchpad.

XDC.sale is a decentralized launchpad within the ecosystem. Project creators who use XTT to pay for service fees typically receive a discount of approximately 10% compared to paying in XDC. For users, holding or staking XTT is frequently a requirement to participate in project launches. Additionally, airdrops are often distributed to long-term holders or active liquidity providers, with snapshots announced via the project's official social media channels.