LandX Platform Walkthrough
You’ll need a digital wallet to connect to the platform such as Metamask to follow along.
When you first launch the app you’ll see the initial xToken dashboard
Here we have the 4 xToken assets xWheat, xRice, xCorn and xSoy
xTokens present several advantages for investors:
Protection Against Inflation xTokens are linked to agricultural production, offering an effective shield against inflation through exposure to farmland outputs, which have consistently served as reliable inflation hedges.
24/7 Liquid Markets Unlike traditional farmland investments, xTokens transform these assets into liquid commodities, making them available for trade every day of the year on decentralized exchanges.
Daily USDC Yield By staking xTokens, investors can earn cTokens on a daily basis. These cTokens can then be exchanged for USDC through the vault feature in the LandX decentralized application (dApp).
Diversification Benefits xTokens add a unique layer to investment portfolios, providing diversification that is not correlated with standard markets such as cryptocurrencies, stocks, or traditional investment vaults.
If you click on one of the xToken boxes you can go through to each individual assets dashboard.
This includes a trading widget which connects directly to the Uniswap v3 liquidity pools. There is also a tool to bridge the assets to and from Arbitrum.
More information about xTokens here:
xTokens earn yield in cTokens which can be exchanged at the market value of the commodity for USDC. Let’s move on to the cToken dashboard using the tabs at the top of the dApp.
Click each cToken will again take you to a individual asset dashboard where you can sell your cTokens for USDC and also bridge to and from layer 2’s.
The final tab xBasket takes us through to the xBasket dashboard.
Here you can mint xBasket by depositing all 4 xTokens.
xBasket offers a basket of equally weighted xTokens (xWheat, xRice, xCorn, xSoy) allowing investors to hold a diversified portfolio with a single token. Each xBasket token initially represents 0.25 of each xToken. It can be purchased on Uniswap or directly on the xBasket dashboard.
The xBasket smart contract auto-compounds yield by staking the xTokens it contains. It does not need to be staked and will accrue value by increasing the weight of xTokens held in the contract per xBasket over time.
At the top of the page there are also two buttons for “Current & Future xToken Lots” and “LNDX”
The xToken lots dashboard allows users to participate in the release of new xTokens.
These Lots are essentially flash sales of xTokens, coupled with additional rewards in LNDX tokens, to enhance the overall APR. The first xToken Lot was launched on 19th December 2023 and sold out in under 7 hours.
This approach aims to support long-term investment strategies in LandX's inflation-hedged digital assets, especially appealing to crypto natives with stablecoins in their portfolios who want to offset the loss of purchasing power through inflation.
The second button takes us through to the LNDX dashboard.
Here you can stake LNDX locking it up for 3, 12 or 48 months to get platform fees and LNDX staking distribution rewards.
There is also a trade widget which connects to the Uniswap v3 exchange and a tool to bridge to and from Arbitrum.
If you want to switch networks between Ethereum, Arbitrum and other EVM chains in the future you can select from the network drop down box and confirm in Metamask.
Thank you for joining us on this exploration of the LandX platform, where we delved into the innovative world of xTokens and the diverse opportunities they offer. We've uncovered how xTokens, including xWheat, xRice, xCorn, and xSoy, provide a unique blend of benefits like inflation protection, liquidity, and diversification, all underpinned by agricultural production. The integration with decentralized exchanges like Uniswap enhances their accessibility and trading ease. Moreover, the introduction of xBasket, a composite token, and the concept of xToken Lots, with their strategic long-term investment focus, exemplify LandX's commitment to evolving the digital asset space. With the additional functionalities like staking LNDX for rewards and the flexibility of bridging assets across blockchains, LandX demonstrates its foresight in creating a comprehensive and user-friendly ecosystem for both new investors and crypto enthusiasts.
We hope this guide has illuminated the potential of LandX as a pioneering platform in the real world asset landscape, and we look forward to seeing how it continues to shape the future of investment in agricultural commodities.
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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