LandX Finance Launches $LNDX Governance Token to High Demand
LandX Finance, an agricultural DeFi protocol, released its $LNDX governance token on December 15th, 2023. The token saw significant demand on exchanges such as Gate.io, MEXC.com, and Uniswap on Ethereum and Arbitrum. Overall, the token achieved a trading volume of $5.5 million. This launch is a major milestone for LandX as it aims to bridge the gap between traditional farming finance and DeFi investors. Token holders are direct beneficiaries of the LandX foundation.
Platform Launch and Special Flash Sale
LandX is set to unveil its platform on December 19th, 2023. The launch will be accompanied by a special flash sale of the xBasket index fund of xTokens. This demonstrates LandX’s innovative approach to digital asset investment.
xBasket – Real World Assets and Inflation Hedge Potential
xBasket is an index token that generates auto compounding yield from four xTokens: xSoy, xWheat, xCorn, and xRice. These tokens provide inflation hedged digital assets with real yield derived from crop share agreements and farmland production. This concept offers tangible value and security for investors, reducing the erosion of purchasing power associated with stablecoins.
“By connecting farmers with fair, transparent financing from investors in DeFi markets we are enhancing capital efficiency and bringing real world assets on-chain” – LandX spokesperson.
Please note that LandX’s offerings are not available to customers in the United States due to regulatory compliance.
About LandX
LandX aims to bridge the agriculture financing gap by providing upfront capital to farmers in exchange for a percentage of their future harvests. This financing is secured by the underlying farmland, offering investors an opportunity to earn sustainable yield backed by tangible assets.
Contact:
Press Relations
LandX Finance
[email protected]
Hot Take: LandX Finance’s $LNDX Token Launch Marks a Significant Milestone in Bridging Traditional Farming Finance and DeFi
The release of LandX Finance’s $LNDX governance token has generated tremendous demand on various exchanges. This launch signifies LandX’s commitment to bridging the gap between traditional farming finance and DeFi investors, with token holders benefiting directly from the LandX foundation. The upcoming platform launch and special flash sale of the xBasket index fund highlight LandX’s innovative approach to digital asset investment. Furthermore, the xTokens provide inflation hedged digital assets backed by real-world crop share agreements and farmland production. LandX’s mission to enhance capital efficiency and bring real-world assets on-chain showcases its dedication to revolutionizing agriculture financing.
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