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XFUEL IS THE TRADER TOKEN OF BUSDX THAT FUELS OUR PRODUCT ECOSYSTEM.
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The XFUEL Token
The BUSDX native token has a high 18% buy tax and 19% sell tax. These taxes help provide liquidity and also play an integral role in providing pure passive income to holders. These high taxes work extremely well on Decentralized Exchanges, therefore we want to keep the BUSDX token 100% Decentralized.
As a result, BUSDX has created a low tax XFUEL token specifically designed as a trader token for Centralized Exchanges. The XFUEL token was created on the BNB Chain.
The revenue that is generated through the XFUEL will be used to FUEL the BUSDX Ecosystem. BUSDX will use these funds to buy the native BUSDX token to maintain the staking pool supply. This will result in an increase in the price of BUSDX, while also providing extra passive income to holders in BUSD.
The XFUEL revenue will also be used to BURN a portion of the existing BUSDX supply. This deflationary process will make the BUSDX token more scarce over time. The XFUEL token will also be used as an alternative payment method for Xpay.
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CEX Trader Token
XFUEL will be used as the trader token for Central Exchanges. All revenue generated by XFUEL will be used to fuel the BUSDX Ecosystem.
Gaining Exposure
XFUEL will benefit the native BUSDX token by providing a great deal of exposure to the project ecosystem. A large amount of investors find out about a decentralized project after it hits the Central Exchanges.
BUSDX TOken buy back
The revenue generated by XFUEL will be used to buy back the BUSDX token. Those tokens will be used to fuel the staking pool reserve. Once the staking pool reserve is adequately filled up, the revenue from XFUEL will be used to buy back and burn the BUSDX token. This will make the BUSDX token more scarce over time.
xpay currency
The high tax of the BUSDX token makes it impossible to use as a currency for XPAY. For this reason, we decided to use the BUSD stablecoin. Since our XFUEL token has a very low tax, this will allow us to add the XFUEL currency as a payment option in XPAY.
Featured In
XFUEL Roadmap
Develop and deploy contract. Get Contract Audited.
Begin first phase of marketing. Create IDO on Xpad.
Begin second phase of marketing. Create Presale. Launch XFUEL.
CoinGecko Listing. CMC Listing. Develop Partnerships. 1st Centralized Exchange Listing.
Continue to list on multiple Central Exchanges.