What We Do At LandX & How You Can Be A Part Of It
LandX connects farmers seeking financing from cropshare agreements to DeFi investors looking for commodity exposure.
Update On The Private Sale
In the first 12 hours we have received over $200,000 USD from 50+ contributors. Thank you to our amazing VC’s and Omega farmers.
At the bottom of this email you will find details of how you may be able to gain access to the private round at the same terms
The 4 Key LandX Tokens
LNDX
Governance The LNDX token is the governance token for LandX.
Fees It will allow holders to participate in governance decisions and earn protocol fees
Utility The $LNDX has utility throughout the LandX ecosystem and is used as staking collateral for validators
cTokens
Commodity Tokens represent the value of 1kg of the specified commodity. 1 cSOY is worth the USDC value of 1kg of soy beans.
Pricing is based on oracle updates from traditional finance futures exchanges.
xTokens
Perpetual commodity vaults these tokens offer a fixed yield when staked of 1 corresponding cToken per year. So 1 xSOY yields 1 cSOY per year, paid incrementally every block.
Minting is carried out by farmers who certify a cropshare agreement in exchange for xTokens. They then have the legal obligation to pay 1kg per token of commodity value to protocol per year. This obligation is backed by the underlying farm land.
xBasket
Diversification xBasket is a index fund of all four xTokens, allowing investors to have a diversified portfolio of agricultural production for various crops.
Launching This Year
LandX has been in development for two years and we have successfully run a testnet platform and had external security audits on our smart contracts. We now have the pleasure of rolling this out on mainnet with the anticipated token sale and platform launch.
Are You Interested In The Private Round?
Have you secured your spot in the LandX private investment round yet? If not, here's your golden opportunity! We're extending an invitation to forward thinking investors to join this phase as we gear up for our platform launch, this is a rare chance to become part of the LandX journey at its most pivotal moment.
How To Join: Embrace the chance to be an 'Omega Farmer' a title reserved for our most strategic partners and early supporters. Joining the private round means you get the same investment terms as VC investors
Why Join Now?: The private round, running from 20th November to 4th December, is an opportunity to get a discounted price on LNDX tokens at the same terms as VC’s
Connect with Us: Ready to sow the seeds of your future with LandX? Contact us on Discord to learn more about becoming an Omega Farmer and joining the private round. This is your chance to play a crucial role in the revolution of agricultural finance.
Limited Window: Remember, the window to contribute in the private sale closes 4th December, and it's essential to whitelist your address.