XCarnival
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XCV
$0.00101291-1.82%
≈$0.00101291≈฿0.00000002
Today
Low:$0.00100505
High:$0.00107144
Yesterday
Low:$0.00100323
High:$0.00106362
Market information
Market Cap $800,845.46
Global Volume(24H)$78,998.3
All-Time Low$0.00052033
All-Time High$1.0614
Initial Price$0.3977
ROI -99.7453%
Circulating Supply 790,640,622 XCV
Circulation Percentage 79.0641%
Max Supply 1,000,000,000 XCV
Total Supply 1,000,000,000 XCV
Price history
Information
Converter
XCV
USD
Project Introduction
XCarinval is a mortgage lending aggregation platform designed for meta-cosmic assets. It consists of two functional modules, XBroker and Megabox, which solve NFT mortgage lending and sub-mainstream token/long tail asset mortgage lending respectively.
Project Vision
XCarnival's vision is to leverage DeFi's innovative gameplay to bring liquidity to the metaverse assets, bringing mortgage lending to the metaverse world, and thus becoming metaverse infrastructure.
Market Demand
In the current market, there are few lending platforms like AAVE and Compound to provide professional lending services for NFT's mainstream assets or other meta-cosmic assets, which means that most meta-cosmic assets are dormant from the day they are born, which is a waste of assets with almost zero liquidity for the holders.
Solution
Specifically, XCanival supports users to mortgage their NFT and other original meta-cosmic assets in corresponding functional modules. In this way, users get loans as the mortgaged party, and the lender issues loans. When the repayment date is up, the mortgaged party can take back the corresponding meta-cosmic assets after paying off the loan and interest. If the mortgagor fails to pay the principal and interest on the loan after the transaction, the mortgaged assets will be auctioned off by XCarnival.
Release Mechanism
XCarnival governance tokens: $XCV, distributed as follows: Total tokens :1 billion; Public offering price: $0.10; Dig 50%; Investors 18%; Project teams and consultants 12%; Operator 10%; Retained 7%; Dropped 3%.
Token Usage Scenarios
1.XCV is XCarnival's governance token. Holders will be able to vote on key project decisions such as protocol parameters, award allocation, and NFT parameter design. The governance functionality is planned for the first quarter of 2022. 2.XCV will reap platform economic benefits There are various buyback mechanisms that can help XCV holders reap the economic benefits of the agreement. 3.XCV can be used in partner scenarios there are currently 3 partnerships being discussed between XCarnival and other projects. XCV holders can use XCV tokens to participate in other projects and earn additional income.
Incentive Mechanism
Once the NFT loan offer is successfully completed, both lenders and borrowers are eligible to receive XCV mining incentives. Lenders will enjoy a 70% reward because lenders will be at higher risk than borrowers in the current NFT lending market. Borrowers will receive 30% of the total reward. 2.XCV Liquidity offers rewards Users who provide XCV liquidity on DEX will receive rewards. 3.USDxc/BUSD liquidity offers rewards.USDxc is currently the main stablecoin in the XCarnival system and a certain amount of USDxc is required to mine as a credit on XBroker.
Characteristic
1. XCarnival solves NFT pricing issues by creating a peer-to-peer platform for pledors and lenders to negotiate and come to an agreement. 2. As the only clearing mechanism, XCarnival refers to the rules of the traditional pawn industry and will not consider clearing NFT when the market fluctuates violently. It just needs time as the only liquidation condition.
Points
XCarnival attempts to bring liquidity to the "sleeping" meta-universe assets through XBroker and Megabox, combined with DeFi gameplay, allowing the nascent meta-universe to spawn a series of new and innovative gameplay.
Project Risk
1. Risk of contract code vulnerability and hacker attack; 2. NFT pledge faces the risk of liquidation.
Values
Yuan of the universe, the world's assets potential liquidity underlying asset is still poor compared with the chain, the fair value of the yuan universe assets market has yet to digest, it is the unknown risks, is blue ocean opportunities, and therefore won a contest of BSC hackers loosely XCarinval southeast Asia division champion, in this direction is "eat crabs", a positive and continuous attention. For the yuan in terms of the universe, and it's really worth looking forward to "paradigm shift", after all, how to find a will DeFi and RMB assets legitimacy to the method of combining the universe by giving yuan liquidity to explore the universe universe new innovative gameplay, rapid expansion of the universe in NFT and yuan today, no doubt has imaginary space extremely.
Pairs
Rank | Source | Pair | Price | 24h | Volume(24H) | Trading Percent | Updated | ||||
---|---|---|---|---|---|---|---|---|---|---|---|
1 | KuCoin | 1 | KuCoin | XCV/USDT | 0.00100500 | -2.05% | $44,929.86 | 28.4349% | 2024-11-04 20:58:59 | ||
2 | MEXC | 2 | MEXC | XCV/USDT | 0.00102400 | 0.2% | $32,870.79 | 20.8031% | 2024-11-04 20:58:37 | ||
3 | Gate.io | 3 | Gate.io | XCV/USDT | 0.00101000 | -0.39% | $1,060.54 | 0.6712% | 2024-11-04 21:00:33 | ||
4 | Gate.io | 4 | Gate.io | XCV/ETH | 0.00000042 | 0% | $119.7 | 0.0758% | 2024-11-04 20:59:15 | ||
5 | LATOKEN | 5 | LATOKEN | XCV/USDT | 0.00100994 | 0.3% | $30.0734 | 0.0190% | 2024-11-04 20:57:09 |