Proposal details

#9 Test Proposals

Rejected

Why is XFI going to grow? Hype comes and goes, but the indicator of economic growth of any asset is ensured by its value and the mathematical model of the issue. What is XFI backed by, and what is behind its utilities? Deinflationary XFI emission model The main goal of the Cross Finance team is to maximize the demand for XFI through its utilitarian functions. The algorithm for its emission encodes the limitation of supply. 1. XFI emission is limited. 2. The emission rate decreases over time. 3. Each new MPX holder increases the demand and reduces the supply of XFI. 4. In the EVM part of the CrossFi Chain, transaction fees will be paid with XFI coin. The base commission will be burned, thereby reducing the total supply. Technically, the XFI emission model is created so that demand gradually increases and supply decreases, creating a deficit, which inevitably leads to an appreciation. XFI Utility Functions The Cross Finance ecosystem is expanding and the XFI coin opens access to its unique products.

Submit time: 01 Nov 2024, 11:22

Details

Voting period

100.00%
01 Nov 2024, 11:2201 Nov 2024, 11:32

Text Proposal

  • Title

    Test Proposals

  • Type

    TextProposal

  • Data
    {
    "@type":"/cosmos.gov.v1beta1.TextProposal"
    }