It was launched in November 2021 and is a decentralized exchange and farm for exchanging BEP20 tokens in Binance Smart Chain. X-HASH uses an automated market maker model where users trade against a pool of liquidity. These pools are populated by users who deposit their funds into the pool and receive liquidity provider (LP) tokens in return.
These tokens can later be used to recover your share of the pool as well as a portion of the trading fees. These LP tokens are known as FLIP. X-HASH also allows users to place additional tokens such as X-HASH and X-MINE. On the farm, users can deposit LP tokens and be rewarded with XSH.
X-HASH allows users to trade BEP20 tokens, provide liquidity for the exchange and earn fees.
Who are the founders of PancakeSwap? X-HASH is a decentralized exchange based on Intelligent Chain Binance ( DEX ) that was launched by public developers who are also part of the X-MINE project
What makes X-HASH unique? X-HASH uses an automated market maker model, which means there are no order books and liquidity pools are used instead. A user can earn revenue by becoming a liquidity provider; by adding their tokens to the liquidity pool, they can grow LP tokens and wager their XSH to earn rewards.
The XSH token is a BEP20 token originally released in Binance Smart Chain. XSH the main function is to encourage the provision of liquidity to the X-HASH platform.
Users can wager their tokens to earn rewards, which is done by depositing tokens from the Liquidity Provider and blocking them. This is known as farming and is rewarded by the system with XSH tokens. Tokens can be removed with zero timeout. XSH gives users the opportunity to invest and increase returns in the future, but comes with risks.
