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What’s happening at LandX this week?
🚀 Trading Competition Is Now Live
We have now completed relaunching the testnet platform. The trading competition will run for 4 weeks and users can buy, sell, stake, lp LandX digital assets including:
LNDX - Governance token which can be staked to earn protocol fees
xSOY - xToken perpetual yield vault for soy beans
xWHEAT - xToken perpetual yield vault for wheat
xCORN - xToken perpetual yield vault for corn
xRICE - xToken perpetual yield vault for rice
xBASKET - auto-compounding index fund containing all 4 xTokens
These assets will have liquidity pools set up on Uniswap v3 and will also be available to purchase via the testnet platform.
💻 Dress Rehearsal Testnet Platform Launch
The platform also launches today with newly deployed contracts. You can use the platform to trade assets and stake your xTokens to gain a cToken yield which is exchangeable for USDC.
Remember that one xSOY token yields 1 cSOY token per year which is valued using a chainlink oracle at the trading price of 1kg of soybeans.
The launch of the platform completes our dress rehearsal testnet deployment. Our developers have used it as an opportunity to get everything in place for the mainnet launch next year.
🎨 AI Art Competition Results
1st Place (8,859 Votes) “Earth without any vegetation”
2nd Place (7,730 Votes) “Robots working the fields”
3rd Place (6,857 Votes) “Honeybees”
4th Place (6,806 Votes) “Harvesting”
🎩 LandX Ambassadooor Program
Would you like to become a LandX ambassador?
“As a LandX Ambassadooor, you will be a key member of our community, representing the project and helping us achieve our goals. You will receive exclusive updates and information about LandX, as well as early access to new features, products and rewards.”
Full details at: https://blog.landx.fi/landx-ambassadooor-d8ee926fe1a1
Learn more about how LandX can help you diversify your portfolio with inflation hedged assets that offer yield based on real world production
Website & App: https://landx.fi
Twitter: https://twitter.com/landxfinance
Discord: https://discord.gg/landx
Medium: https://medium.com/landx
Telegram: https://t.me/landxfinance
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