XX Platform
Introduction
XX Platform is a system that combines a multifunctional cabinet with investment elements and a trading service with a set of analytical tools and an asset management program. This is an attempt to rethink the concept of classic hedge funds, implementing it in the form of an automated investment trading platform.
XX Platform is designed for investors who want to find a compromise between reliable placement and high return on investment. Our goal is to create a platform that will be able to minimize risks while maintaining investment attractiveness. The XXP team has established itself ambitious plans to create an independent investment platform that will become a reliable guide for investors in the world of finance.
Launching any fintech startup requires resources: time and money. We understand that the independent development of the XX Platform will take many years till its release. That is why our team decided to raise funds from private investors.
In order not to contradict with our concept of decentralization and libertarianism, we turned down proposals from large investment funds in favor of attracting funds from private investors. The team has decided to issue their own cryptocurrency – XX Platform token (stock ticker: XXP).
The formation system of the XXP token pricing policy is based on its use within the XX Platform as a native token. It is the XXP token that allows to create proper microeconomics inside the platform and ensure the ease and convenience of interaction for all system users. The main objective of the XXP token is the functioning of a virtual accounting unit (equivalent to records in accounting books) to ensure the accounting of funds placed by investors in trust with traders.
To structure and regulate the attracted investment funds, as well as for the sake of fair and transparent distribution of remuneration from the platform, the XX Delegate system of delegated stake distribution has been implemented in XX Platform.
The XX Delegate system consists of Delegates and Stakeholders. This is an effective and democratic mechanism representing a voting system in which small and medium token holders (stakeholders) transfer their “vote” to the elected Delegates. The process of placing user tokens in the Delegate's staking pool is conventionally called a vote transfer.
In terms of the economic model efficiency, the XXP token implements the HALVING mechanism, which the developers have put into the XX Platform cryptocurrency at the software level.
The essence of halving lies in the following: starting from the 4th month after the launch of the network, a gradual decrease in the percentage of reward (staking) is activated, which will constitute -50% of the initial indicators by the end of the year.
Further, over the next 2 years, the percentage of remuneration (staking) will continue to decrease gradually and steadily and, as a result, will decrease by -50% every year.
Starting from the 4th year, halving will be automatically deactivated, until the moment when the emission of cryptocurrency will be completed with the production of 50 million tokens.
In contrast to the above HALVING mechanism, the developers, at the software level, have implemented a deflationary algorithm in the system, called HELIX.
HELIX will be automatically activated by the system in Q1 of 2022, and its activity will be aimed at compensating for the decrease in profitability of XXP token staking. This mechanism is an additional investment tool that will appear in the interface of the user personal account. HELIX got its name because of the coefficient increasing in an upward spiral.
For more information about PLATFORM XX, click the link below
WEBSITE:https://xxp.group/
WALLET:https://wallet.xxp.group/
WHITEPAPER:https://xxp.group/paper.pdf
TWITTER:https://twitter.com/XXPlatform
FACEBOOK:https://www.facebook.com/XXPlatform/
TELEGRAM GROUP:https://t.me/XXPlatform
YOUTUBE:https://www.youtube.com/channel/UCHmnVCzee_Ay8yxxMFtNd_A
REDDIT:https://www.reddit.com/user/XXPlatform
INSTAGRAM:https://www.instagram.com/xxplatform/
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2691292
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