The T2X Team in partnership with the Void Development Team, are proud to introduce to you…. XSWAP! Coming to the T2X ecosystem on 8/22.
The team will open Liquidity 24 – 48 hours prior to trading. On 8/22 we will then allow trading to begin.
The T2X Team has partnered with the Team from Void, to come together and build T2X our very own swap exchange. Heavily inspired by the Void teams VoidSwap exchange and Voiddefi Dex.
XSwap will feature Voids leading anti manipulation measures, put in place to protect liquidity providers and safeguard the overall price of any listed pair from liquidity pump and dumps and price manipulation. Giving users the reassurance they need to invest with confidence.
Key Features of XSWAP:
• T2X Token Swap: Effortlessly buy and sell T2X tokens against any listed pair.
• Distributed Trading Fees: Fees are pooled and distributed for Daily Auction Lobby Buy Back’s & Liquidity providers dividends.
• Token Buy Back & Burn: T2X tokens purchased from the Auction lobby as Token Buys backs from XSWAP fees, will be burned!
• Liquidity Provider Dividends: Users that provide token liquidity, share in all trading fees for the pool they provide liquidity for.
Key Features of Anti manipulation:
• Liquidity Provider Transaction Limits: Any user can provide liquidity to a listed pool. But is restricted on how much they can transact at one time. This is based on the current liquidity Limit and will rise as the liquidity pool grows in size.
• Liquidity Limits: Each listed pool will have an hourly Liquidity limit in place. This limit is set at 5% of the total liquidity pool and changes in real time. When active the timer runs for 1 hour and only re triggers once a transaction is made during a non active timer.
• Anti Liquidity Pump and Dump: The Liquidity limit is in place to prevent liquidity pump and dumps. If the limit is hit in either direction the Liquidity pool will lock up in that direction, only allowing transaction in the other direction to occur. This restriction will lift when the timer ends.
• Liquidity Entry and Exit Fee’s: To help prevent Liquidity pump and dump manipulation. Users are charged a set 10% fee to enter and exit any liquidity pool. These fees are then distributed to the current liquidity providers of that pool.
Trading Fee cost and fund distribution:
• A Trading Fee Fit for T2X: A trading fee of 20% is charged on all buys and sells on XSwap. This may be a large number, but will benefit the T2X tokenomics.
• T2X Auction Buy and burn: 10% will be used to buy back T2X from the daily auction each day and all collected T2X will be burned!
• Liquidity Providers: 9% will be distributed to the current liquidity providers of the respective liquidity pools of the trading pair used.
• Void Partnership: 1% will be sent to the Void dev team to drop to their users as they wish, as part of the T2X and Void partnership.
For more information on what to expect, you can ask in our Telegram or Discord, we will be happy to help answer all your question on how VoidSwap works and how the upcoming XSwap will work.
The next generation staking platform powered by TRON !
Website: https://t2xtoken.io
Discord: https://discord.gg/AApbyP3
Twitter: https://www.twitter.com/T2XToken
Contract address:
https://tronscan.org/#/token20/THsSSczBw9RRMJWYL5j2MtcgaPasL2xPGP/
