Convert xSUI XSUI to SwissBorg BORG

xSUI is a tokenized version of staked SUI. When users stake SUI via Momentum Finance, they receive xSUI in return, a liquid token that continuously accrues staking rewards while remaining usable across DeFi protocols. In a DeFi landscape that demands both performance and flexibility, xSUI enables users to earn staking rewards without locking up their SUI, unlocking new opportunities across trading, lending, and liquidity provisioning. xSUI is minted through SpringSui, the secure, non-custodial staking framework for Sui. It’s already securing over $200 million in assets, reflecting the high demand for secure and flexible staking infrastructure. The contracts behind xSUI are audited by OtterSec and Zellic, two of the most respected firms in blockchain security, providing users with confidence in the safety and integrity of the system. And with its upcoming debut on OKX Wallet’s Cryptopedia, xSUI will be introduced to an audience of more than 53 million users, accelerating adoption and awareness across global markets.

What is SwissBorg? SwissBorg’s flagship product is an all-encompassing crypto management app for retail users. It enables them to on & off ramp, exchange crypto and fiat, earn yield, buy bundles of crypto and access its launchpad investment opportunities. SwissBorg started in the ICO era of 2017 and has over 1 million registered users as of 2024. The app’s products range from on/off ramp, CEX & DEX aggregator (MEX), staking and other passive income opportunities (Earn), cryptocurrency bundles (Thematics), and a launchpad & one-time opportunities (Alpha Early Deals) and more. SwissBorg users are also entitled to airdrops if they happen as it’s one the few centralised entities redistributing them directly to their users. What is BORG? BORG is essential to the SwissBorg experience as it unlocks additional utilities in the app. The more BORG users hold in the app, the more benefits they can unlock either through Premium Tiers or ad-hoc campaigns. Benefits include lower exchange fees, higher allocation in launchpads, higher yield on Earn strategies and increased voting power in referendums proposed by SwissBorg. When was SwissBorg Founded? The project was launched in Switzerland in 2017 and the ICO lasted from Dec 7th, 2017 to January 10th, 2018 where $50 million was raised to kickstart the project. In Q1 2023 SwissBorg performed a Series A, where 16,660 big and small individual investors raised a total of over 21 million Swiss Francs (CHF).