X-HASH (XSH Token)
X-HASH (XSH Token) is an Automated Market Maker (AMM) — a decentralized finance (DeFi) application that allows users to swap tokens, provide liquidity through farming, and earn fees in return. It is a decentralized exchange and farm for trading BEP20 tokens on the Binance Smart Chain. X-HASH uses the AMM model, where users trade in liquidity pools. These pools are filled by users who deposit funds and receive Liquidity Provider (LP) tokens in return.
These LP tokens can later be used to reclaim your share of the pool along with a portion of the trading fees. These LP tokens are referred to as FLIP. X-HASH also allows users to place additional tokens, such as X-HASH and X-MINE, into the farm. In the farm, users can deposit LP tokens and earn XSH rewards.
X-HASH enables users to trade BEP20 tokens, provide liquidity to the exchange, and earn fees.
X-HASH is a decentralized exchange (DEX) built on the Binance Smart Chain, initiated by public developers who are also part of the X-MINE project.
X-HASH Features
X-HASH uses an AMM model, meaning there is no order book but instead uses liquidity pools. Users can earn income by becoming liquidity providers; by adding their tokens to liquidity pools, they can grow LP tokens and stake their XSH to earn rewards.
The XSH token is a BEP20 token originally released on the Binance Smart Chain. The primary function of XSH is to incentivize providing liquidity to the X-HASH platform.
Users can stake their tokens to earn rewards, which is done by depositing tokens from liquidity providers and locking them in. This process is called farming and is rewarded with XSH tokens. Tokens can be removed with zero timeout. XSH gives users the opportunity to invest and increase returns in the future, but it also comes with risks.