LandX Insurance Sells Out!
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What’s happening at LandX this week?
🚀 LandX ISM Keeps Selling Out
It’s an honor to announce that last week’s LandX Insurance Safety Module (ISM) launch has been, and continues to be, an overwhelming success. Investors have been fiercely competing for the chance to participate in $LNDX staking pools that currently offer over 57% APY.
LandX Insurance unlocks incredible new utilities for LNDX holders and members of our ecosystem.
Insurance pool $LNDX stakers receive a very high yield for adding to protocol security. This yield is paid out in stablecoins ($USDC and RWAs (xBasket tokens).
Policyholders receive protection against hacks and bugs throughout the DeFi landscape.
Farmers can now purchase protection against crop loss due to weather events and the effects of climate change.
The high yield earned by stakers is composed of risk premiums paid by users ($USDC) and xBasket subsidized by LandX to provide not only an attractive APY, but one that delivers rewards based on stablecoins and tokenized real-world assets - not inflationary tokens.
So, how popular is LandX Insurance?
February 8th - The first LandX Community LNDX Staking begins accepting contributions with a cap of 30,000 $LNDX. The cap is hit hours later.
February 9th - Seeing such overwhelming demand, the LNDX Staking pool cap is raised from 30k to 80k. It sells out in hours.
February 12th - We push the caps higher from 80,000 to 130,000 LNDX. Once again, the contribution cap is met in a matter of hours.
As we progressively raise the caps on current and future pools, stay informed by following us on X and connecting with our community on Telegram and Discord.
To get a head start, check out the LNDX Bridging Guide or read up on LandX ISM here.
🎙️ LandX To Host RWA AMA
The bull market is showing significant signs of life and everyone’s talking about the next big narrative, but RWAs have been building momentum since they came on-chain.
Join the all-star panel Tuesday, February 20th at 3PM UTC on X for a round-table discussion on the state of tokenized real-world assets - past, present, and future.
🎙️ Building Bridges
LandX Insurance is attracting an influx of new LNDX holders, all with the need to bridge from Ethereum to Arbitrum. As a direct result of listening to our community, we’ve published a step-by-step guide to help even more users prepare for the next time ISM staking pool caps are raised.
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfin
Please note LandX products are not available to US users.
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