What Is xFund (FUND)?

xFund (FUND) is on-chain governance that aims to ensure the growth as well as the development of the DeFi on the ecosystem. xFund is also a token that assists in bringing DeFi governance to the unification ecosystem. This unification ecosystem seeks to offer blockchain solutions to businesses and aims to construct rapidly deployable blockchain tools that promote protection, effectiveness, and efficiency to the business operations. As per the website, xFund’s main purpose is to enable off-chain governance for the ecosystem and empower Oracle of Oracles (OoO) as well as other DeFi products. Oracle of Oracles (OoO) is a bridge powered by xFund that connects crypto projects with the real world. Furthermore, the token seeks to develop platform services and boost the growth of the community altogether.

The native token of xFUND is FUND and is an ERC-20 token. The token is used to propose and vote associated with the problems within the unified ecosystem. These include hiring, firing, approval of partnerships, and so on. In addition, the major utility of the FUND token is to seek to deliver on-chain (ETH) transactional services across diversified regions of the DeFi sector. Thus, the token aims to act as a prominent toolkit to push blockchain services ahead. The FUND token can be easily obtained on the open market or through validators staking mainnet FUND. Holders can opt to hold their FUND token in the web wallet. In accordance with the web wallet, the FUND token holders can aim to effortlessly delegate their tokens to other participants for staking, thereby seeking to benefit from some percentage of commission as rewards.

History of xFund (FUND)

The CTO of the FUND token is Paul Hodgson.