Guides
You could earn XBE, the EURxb protocol's governance token, during the limited free and fair reward distribution for liquidity providers.
We are excited to be launching the EURxb governance token referred to as the XBE Token. If this is your first time visiting, be sure to check out our FAQs here.
In order for you to receive XBE tokens you will need to provide liquidity (Supported liquidity: USDT, BUSD, DAI ,USDC) to the EURxb pools on either Balancer(DAI, USDC) or Uniswap (USDT, BUSD) within the first 7 days of launch. The distribution has been set to favour early liquidity providers to ensure maximum liquidity on launch day, with the total circulating supply of 15 000 tokens being distributed within the first 7 days of launch.
To further assist liquidity providers we have provided an atomic swap contract allowing for fixed rate swaps until the total amount has been used in the contract. This allows LPs to only provide one side of the liquidity at launch (USDT, USDC, DAI and BUSD). The atomic swap contract will automatically swap the deposited amounts at the fixed rate and deposit it into the respective pools. More information on the atomic swap contract can be found here. Each pool will receive 3000 tokens over the distribution period ending on ~ Wed Mar 3rd 2021 11:00:00 GMT+0000 and the protocol treasury (controlled by governance) will also be assigned 3000 tokens, from the 15 000 tokens available.
Please bear in mind that XBE is a valueless token, launched freely to all liquidity providers during the launch phase. And the EURxb.finance protocol has no intention of creating any liquidity pairs to support the purchase of XBE.
If you have any questions or would like to find out more about the EURxb project, please visit Eurxb.finance for more information. We look forward to having you take part in this journey with us.
