{"id":4469,"date":"2021-03-01T12:06:32","date_gmt":"2021-03-01T12:06:32","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=4469"},"modified":"2024-10-19T18:48:17","modified_gmt":"2024-10-19T18:48:17","slug":"10x-xgg-token","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/10x-xgg-token\/","title":{"rendered":"Why 10x is Better than Uniswap? What’s XGG Token?"},"content":{"rendered":"\n

What if we mix a liquidity pool approach with lottery principles? As a result, we will get a 10x.gg platform. It’s a place where people can safely win money by holding cryptocurrencies for 24 hours. This article explains more about the 10x, its XGG token, and how to trade it on the Tokpie exchange. <\/p>\n\n\n\n

UPDATE: Pay attention that the project’s website is not working.<\/p>\n\n\n\n

What is the 10x platform?<\/h2>\n\n\n\n

Not a secret that adding crypto to liquidity pools is too costly because of high gas fees. Moreover, a liquidity provider can face a low and unpredictable profit because it’s hard to forecast trade volume in a pool. <\/p>\n\n\n\n

The 10x’s team came with a brilliant idea and product to solve these problems. First, its users don’t have to waste money on adding liquidity into the pools. Second, if the revenue on classical DEX protocols (like Uniswap) is unpredictable anyway, the 10x provides people with profit under lottery principles. Actually, the 10x’ liquidity providers can get up to 10 times what they invested in just 24 hours. This is a real game-changing platform for all crypto passionate people who love to received passive income by holding cryptocurrencies.<\/p>\n\n\n\n

\"lottery
Pools on the 10x platform<\/figcaption><\/figure><\/div>\n\n\n\n

What’s the XGG token?<\/h2>\n\n\n\n

The 10x.gg (XGG) is an ERC-20 token. It has two simple values. First, any reputable crypto project can pay a listing fee in XGG tokens. As a result, a special pool for a project’s tokens will appear on the 10x platform. Second, XGG token-holders will benefit from regular buybacks. The 10x’s team is planning to allocate 10% of their revenue to such buybacks.<\/p>\n\n\n\n