Source: XCarnival
The XCarnival Ethereum mainnet will launch on June 6 at 12:00 AM (UTC), and the team will simultaneously advance the cross-chain deployment preparations for Polygon, Solona, AVAX and other public chains.
The launch of Ethereum is a milestone that will put to the test our continued efforts to innovate and explore NFT liquidity. Early on, XCarnival entered the BNB Chain ecosystem with Peer 2 Peer, launching XBroker and Megabox products to solve the bottleneck of mortgage lending for BNB Chain ecosystem NFT project. In May 2022, Ethereum peer-to-peer lending product XPawn was launched. With the joint efforts of all ecosystem members, we successfully completed the public beta of the Ethereum test network. More than 5000 users participated, TVL more than 50,00ETH, and the community put forward more than 300 product suggestions.
Successful deployment of the test network proves that XCarnivl's startup capability meets the criteria for a full implementation. During this time, we also completed some feature development and upgrades, and continued to fix test bugs and make performance improvements to ensure the safety of user assets.
Building an NFT protocol platform is inseparable from the support of partners. In the spirit of WEB3, we continue to explore the infrastructure capabilities of NFT mortgage lending through an open and distributed format. We invited a number of eco-partners to build user-facing applications to make XCarnival easier to access and use.
Special thanks here(In alphabetical order by project) :
Core DAO partner: 7UP DAO. Help XCarnival build links to DAO and more community collaboration opportunities
Core Solana NFT Ecological partner: Banksea. Help XCarnival build an ecological matrix in Solana's public chain
Core wallet application partner: BitKeep. Wallet entry support for XCarnival
Core decentralized fiat market partner: Bit.Store. Provide XCarnival with fiat direct purchase channel service
Core blue chip liquidity solutions partner: Cedar. Provides a real life scenario for buy now, pay later, combined with XCarnival to fully cover NFT liquidity requirements
Core Smart contract code Audit partner: CertiK. Support for low-level security of the XCarnival base protocol
Core DEX partner: iZiSwap. A decentralized trading platform for XCarnival with greater capital efficiency, centralized liquidity and limit orders
Core community Building Partner: MetaJam. Bring in more community builder partners for XCarnival, complete ecological expansion and circle out
Core aggregator and NFT market partner: Mintverse. Cooperate to promote the establishment of mortgage sales aggregation model
Core NFT data Partners:
NFTGo. Provide underlying data support for XCarnival, and jointly develop blue-chip NFT mortgage lending and prophecy machine mechanism
NFTScan. Provide API support for XCarnival, and provide support for the development of blue-chip NFT mortgage lending and predictor mechanism
Core Financial Derivatives Market Services partner: Shield. Offer single-coin Staking derivatives to XCarnival
Core Socialfi partner: ShowMe. Provide XCarnival with a community distribution mechanism to help build a vertical community system and open up user communication channels
Core financial paper asset partner: Solv. Helping XCarnival expand the asset types supported to include financial paper classes enriches the ecosystem
With these partners, XCarnival is able to provide a more vertical NFT mobility service to the Ethereum ecosystem. XCarnival will support more than 30 high-quality assets, including BAYC, CloneX, Moonbirds, Doodles and so on. Meanwhile, for the ethereum blue chip NFT airdrop, XCarnival retains the NFT ownership of the pledgee, supports them to receive all kinds of airdrop, and sets up a liquidation fund. Maximize the security of the underlying protocol's assets.
Difficult for pricing, clearing difficult, difficult business issues such as operation, we in predicting machine feed price mechanism and the partner for technical cooperation, constantly tracking the optimal algorithm is used to realize, increase utilization rate of capital, while giving NFT mortgage is a more reasonable interest rates, and through the way to reduce the probability of extreme points in pool. The completion of XCarnival's product structure also completes the liquidity gap in NFT's asset ecosystem.
The evolution of Web3 has been great. XCarnival is also being developed with passion and joy. We will be launching a 96-hour incentive for XCarnival ethereum Mainnet ETH deposit Pool and NFT Loan Pool on June 6th at 12:00 AM (UTC). Meanwhile, the blue-chip NFT mortgage lending function is simultaneously activated to provide liquidity support to the ethereum main network for a large number of NFT. The specific time limit incentive activity is: June 6 from 12:00 AM (UTC) to June 10 from 12:00 AM (UTC). XCarnival will offer 2,000,000 XCV super rewards, plus 10% referral bonus! Users only need to complete one or more of the following items to participate:
Participating in the deposit and winning the grand prize: each user who successfully deposits $ETH within 96 hours after the opening of the event will receive the deposit interest rate and equal proportion XCV from the system.
Participate in the loan to win the grand prize: registered within 48 hours after the opening of the event and complete the loan within the event time, will receive equal proportion of XCV.
Bonus of invitation stacking: During the above activities, those who successfully invite friends to complete the above deposit or loan tasks will get an extra bonus of +10% (completion reward) on the basis of the total reward of deposit and loan.
The above participants will also have a chance to win a limited edition XCarnival PASS NFT and participate in the revenue sharing! Whether you are an OG or a beginner in the NFT field, the 96-hour Super Motivation event is a great opportunity to learn, build, and explore. Create active community, we will be grateful to any contributor in this process, you are the core contributor to launch mainnet online! We can't wait to finish this event with you!
For more participation guidelines, please followThe official twitter.
This article is submitted and does not represent the opinion of BlockBeats
Welcome to join the official BlockBeats community:
Telegram Subscription Group: https://t.me/theblockbeats
Telegram Discussion Group: https://t.me/BlockBeats_App
Official Twitter Account: https://twitter.com/BlockBeatsAsia