What is a $XEND token?

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Last Update há 2 anos

Xend finance token ($XEND) powers decentralized savings and multi-level interest generation protocol built across multiple blockchains.


$XEND Token has two main uses within the Xend Finance App:

1. It is used to reward users when they make fixed savings.

2. It is used as an incentive to reduce Gas Fees on the Xend Finance App.


The $XEND token also generates interest for the users as they hold onto the tokens. Xend finance allows Credit Unions and Individual savings operations on the smart contract.

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