Is my project eligible to pair LP with xUSD?
The number one prerequisite is that the LP must be unlocked.
How would our project benefit by pairing LP with xUSD?
By pairing LP in an appreciating Stablecoin like xUSD, your token will mitigate downside risk because xUSD never goes down in value.
Why xUSD? Why not Tether? Why not BUSD?
Tether is a great mystery in terms of value. There’s never been any proof that Tether is actually backed by any assets, and thus is ill advised. BUSD does not rise like xUSD, and therefore can do nothing in terms of raising your token’s value.
Will pairing LP with xUSD help even when my token goes through periods of low volume?
Yes, for two reasons! xUSD’s price never goes down because every buy, sell and transfer raises the price. Secondly, because of xUSD’s volume-independent utilities, the price can rise even if the token is not transacted. This means that if YOUR token is low in trading volume, xUSD can bring its price up with it.
What are the requirements to pairing LP with xUSD?
Your project must be willing to commit at least 10% of the total LP. Further, you must submit the below application in its entirety for our team to review.
What’s the cost of doing this?
Pairing LP with xUSD is free. The only cost will be whatever your transfer taxes would be to migrate it, plus .75% xUSD buy tax.
If I am the introducing person or entity in this process, what kind of fee can be earned?
For being the introducing party, you can earn a flat fee of $100.
I’ll now have two LP pools. Is this a problem?
No! To the contrary, having two LP pools will be a tremendous benefit because the BNB and xUSD pools will be arbitraged to keep the prices as close as possible. This means additional volume for your token that will require NO trading.
Are there any other benefits to adding an xUSD LP for my project?
Once you’ve added the minimum 10% LP, your token will be added to our Mine utility, which allows all xUSD holders to exchange their underlying BUSD to purchase your token. Enjoy the growth of xUSD AND your token simultaneously!