Does XMC is value? Future of XMC ?

XmanCash
4 min readMar 5, 2021

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XMC HECO Contract Address: 0x44e63683c17a844d219c7B6afBa8343D12992c77

‘There are three type token on Xman, include XMC, XMS, and XMB. “why You hold XMS? How to mining XMS” It is mentioned in the article that XMC will be anchored at $1 in the future. In the early days, due to the lack of circulation, XMS can be mined, resulting in the price of XMC being higher than $1. As XMS dividends begin, XMC will slowly return as time goes back to 1 USD.

How much is a XMC worth? Over $10 USD?

The answer is: no ! ! !

XMC is no value. If you only hold XMC and do not participate in the XMAN ecosystem, your XMC has no value. The best way to profit from holding XMC is to combine XMC into LP to mine XMS or XMC. On the first day, if you buy XMC for $13 USD, and combine it into LP for mining XMS or XMC. Due to the high APY of the XMAN platform, you will Break even and make money on the second day. And then, your LP continues to get profit (becasue mining), nonstop profit. XMS was up 1000% within 2 days. If you combine XMC into Lp to mine XMS or XMC, your profit over than $13 USD.

The best way of get XMS is combine XMC into Lp to mining. The XMC_LP pool provides 40,000 XMS for mining (The total amount of XMS is 50,000)
If you hold XMC, you must combine it into an LP to participate in mining for get a greater return.

Anyway what price you buy XMC, as long as you continue to participate in the XMAN ecosystem, you can get unexpected returns.

XMC anchors US dollars. US dollars need more circulation and usage scenarios to be valuable. Regarding creating XMC circulation scenarios and maintaining XMC demand growth, XMAN will improve the ecosystem through three stages.

Phase 1: Complete the platform mechanism

In the future, the XMAN protocol upgrades inflation dividend will have XMC_LP, and XMC_LP holders will receive most of the inflation.

The autonomy of the XMAN protocol is completed by voting on the chain, and the voting weight rankings are : XMC_LP > XMS_LP > XMS

Phase 2 : multi-chain infrastructure

XMC will appear on Binance Smart Chain, Ethereum, okchain, Polkadot and other public chains in a cross-chain way, integrated into other defi protocols of each chain, and become a token that anchors the US dollar, adding XMC usage scenarios. In addition, XMAN has also created the “XMAN Bridge” of independent innovation. XMAN Bridge is a Flash swap protocol in which everyone can be an acceptor.

It can automatically adjust the handling fee (ranging from 0.5% to 3%) according to the demand of each chain token. Before the emergence of the cross-chain oracle, XMAN Bridge’s quotation and class The oracle service is provided by the server node built by the XMS holder to increase the degree of decentralization of the platform. In the early stage, the technology was applied to the XMC cross-chain (gradual iteration), and later major projects will be accepted to reduce the cross-chain costs of other project parties. 100% of the commission will be allocated to liquidity acceptors and XMS nodes.

The XMAN Bridge development task is arduous and significant, which is also a main motivation for other project parties to cooperate with XMAN.It can automatically adjust the handling fee (ranging from 0.5% to 3%) according to the demand of each chain token. Before the emergence of the cross-chain oracle, XMAN Bridge’s quotation and class The oracle service is provided by the server node built by the XMS holder to increase the degree of decentralization of the platform. In the early stage, the technology was applied to the XMC cross-chain (gradual iteration), and later major projects will be accepted to reduce the cross-chain costs of other project parties. 100% of the commission will be allocated to liquidity acceptors and XMS nodes.

The XMAN Bridge development task is arduous and significant, which is also a main motivation for other project parties to cooperate with XMAN.

Phase 3 : Offline ecology

XMC’s goal is to become a digital US dollar, which must be supported by offline section. XMAN base on Befull relation, to improve offline digital payment networks in mainland China, Hong Kong, Taiwan and Southeast Asia.

Only holding XMC does not have value. You can only use XMC to participate in the XMAN ecosystem to have a value-added return. If you only hold US dollars, your wealth will not increase. But you invest US dollars, your wealth will be increase! Participating in the XMAN ecosystem starts with mining with XMC’s LP!

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XmanCash
XmanCash

Written by XmanCash

Xman is open-source and decentralization project on HECO. We try to create DEFI basic facility.