# CrossFi
A Cross-chain Liquidity Sharing Protocol
Official CrossFi Whitepaper, last updated 23rd September 2021.
## Quick Links
* [About CrossFi](https://docs.crossfimain.com/english/crossfi-crfi)
* [CrossFi DApp setup for ERC-20 using ETH as gas fee](https://docs.crossfimain.com/english/operating-instructions/ethereum)
* [CrossFi DApp setup for BSC using BNB as gas fee](https://docs.crossfimain.com/english/operating-instructions/binance-smart-chain)
* [Official Channels](https://docs.crossfimain.com/english/community)
* [Official Blog](https://medium.com/crossfi-official)
# Introduction
CrossFi is a cross-chain liquidity sharing protocol characterized by multi-chain lending and synthetic assets. It aims to connect and release all isolated liquidity of existing public chains and is committed to breaking technical barriers of all mainstream public chain assets through leading interoperability technologies.
**CrossFi aims to solve:**
* The immaturity of cross-chain technology.
* Insufficient liquidity of assets.
* The incomplete supporting infrastructure.
\
With CrossFi, users and DeFi applications on different chains will be able to communicate with each other quickly and safely, without having to consider technical details. Everyone hopes to get all independent DeFi liquidity with a simple click, this will be the future of CrossFi.
CrossFi focuses on developing three main features to function as a bridge, with the focus of enhancing interoperability between all isolated assets, while also allowing for a robust infrastructure that connects the liquidity of existing public chains.
* **Cross-Chain Liquidity**
CrossFi includes a built-in intermediate liquidity sharing cross-chain pool, which serves as the necessary liquidity supplement and risk hedging pool for additional services, including built-in swap and liquidity fundraising (IDO/IFO).
* **L1+L2 Trust Layer**
CrossFi introduces an L1+L2 trust layer to help scale the transaction speed, lower the gas fee, and further extend the user experience by giving users the availability to any liquidity pools, like Ethereum, Binance Smart Chain, Polkadot, Flow, etc.
* **Data-Master For Lending & Synths**
CrossFi provides a comprehensive database of historical and real-time liquidity data for cross-chain Lending and Synths, giving users convenient analytical market monitor tools to optimize trading/lending decisions.
CrossFi aims to function as a bridge, with the focus of enhancing interoperability between all isolated assets, while also allowing for a robust infrastructure that connects the liquidity of existing public chains in the DeFi sector like Ethereum, Binance Smart Chain, Polkadot, Flow, etc.
CrossFi will be the first to support Filecoin lending. CrossFi is committed to uniting more top miners, formulating Filecoin industry standards, and greatly improving the efficiency of the Filecoin ecosystem's financial services. The goal is to solve the 30% liquidity pressure of the Filecoin ecosystem.
# DApp Instructions
This section will guide readers to interact with the CrossFi DApp (DeFi Application) on the Ethereum (ERC20) and BNB Smart Chain (BNB).
### Table of contents
* **Getting Started**: Instructions for various cryptocurrency wallets that support the CrossFi DApp.
* **Add Tokens (CRFI, cFIL):** How to add tokens on Ethereum wallets (Metamask, imToken, TokenPocket) to interact with the CrossFi DApp.
* **Start CrossFi DApp**: This section outlines step-by-step instructions on how to start operating a node on Panacea.
* **Stake (cFIL, FIL):** How to DeFi stake cFIL or FIL to earn rewards.
* **Swap FIL & cFIL:** How to swap between FIL and cFIL on the CrossFi DApp.
* **Invitation Rewards:** How to create friends invitation link for rewards.
* **ERC20 <-> BNB**: How to interact with the Panacea blockchain using the Ledger Nano S.
# Ethereum chain(ERC20)
This is a guide for the CrossFi Ethereum (ERC20) chain decentralized finance staking application. Please join the [official CrossFi Telegram group](< https://t.me/crossfimain_en>); the CrossFi team and members of the community look forward to helping you understand and use the CrossFi DApp.\
# Getting started
**Step 1**
In order to launch the CrossFi DApp, users need to have one of the following cryptocurrency wallets and create an account to access the CrossFi DeFi staking pool.
**Download Metamask, imToken or TokenPocket wallet in advance, they all support the CrossFi DApp.**
####
Metamask wallet download link:
{% embed url="" %}
imToken wallet download link:
{% embed url="" %}
TokenPocket wallet download link:
{% embed url="" %}
After downloading & installing, open the wallet and select the Ethereum Mainnet wallet.
**Step 2**
**Keep some ETH in the wallet.**
ETH is required as the gas fee for every transaction, ensure that you have enough ETH in your wallet to at least pay the gas fee required for a transaction. The specific retained amount and gas fee are based on Ethereum transactions.
# Add CRFI and cFIL on wallet
### Open the Ethereum Wallet and Add New Tokens
1. Open the wallet.
2. Click 'Add token' or plus icon to add a new token.
3. Enter the following contract address in the search bar above the wallet:
**CRFI contract address:**
0x8848812bd31aeee33313c10a840ffc3169078c5b
**cFIL contract address:**
0x0f91445A15a1353A099E742f9B51b1b41C2CbFe8
# Start CrossFi DApp
Users can access the CrossFi DApp by browsing DApps on a wallet or scanning the QR code on CrossFi website.
{% embed url="" %}
### Open With Wallet
1. Open the wallet.
2. Find the DApps browser.
3. Enter DApp Address: [https://dapp.crossfimain.com](https://dapp.crossfimain.com/#/)
### QR Code
1. Scan the below QR code with the wallet or open
2. Login with the wallet
# Stake CRFI and cFIL
Access decentralized finance products and earn the highest possible returns simply and safely. CrossFi supports both CRFI (CrossFi token) and cFIL (Filecoin synthetic asset) staking pools.
**Staking Product Types:**
* Flexible Staking: Current interest is not fixed, the principal and mining income is available at any time, and the interest rate is floating.
* Locked Staking: Regular interest is not fixed, the principal is withdrawn at maturity, the mining income can be withdrawn at any time, and the interest rate is floating.
Once you subscribe to the product, interest will be calculated and distributed to your DApp wallet. When the process is complete, the staked assets will be redeemed automatically and returned to your wallet.
### **Stake cFIL**
1. Click the **'cFIL'** button at the bottom of the DApp.
2. Subscribe offered staking products with different duration.
3. Enter the pledge amount you want to stake and confirm.
####
### **Stake CRFI**
1. Click the **'CRFI'** button at the bottom of the DApp.
2. Choose deposit products of different periods.
3. Enter the pledge amount you want to stake and confirm.
# Swap FIL and cFIL
In order to stake Filecoin, users need to swap FIL (Filecoin) to synthetic asset cFIL.
### Swap on the CrossFi DApp (FIL -> cFIL)
1. Go to the wallet section on the CrossFi DApp.
2. Click the 'Swap' button on the cFIL balance section.
3. Deposit FIL into the copied address for exchange.
### Swap on the CrossFi DApp (cFIL -> FIL)
1. Go to the wallet section on the CrossFi DApp.
2. Click the 'Swap' button on the cFIL balance section.
3. Click the arrow between FIL and cFIL to switch.
4. Enter the amount and the receiving FIL address for exchange.
5. Confirm.
# CrossFi Borrow (Flashloan)
## **What is CrossFi Borrow?**
The Borrow feature update in the CrossFi DApp now empowers you to create sFIL and borrow cFIL with sFIL as collateral. sFIL and cFIL are both FIL (Filecoin) synthetics.
## **What is sFIL?**
sFIL is Filecoin synthetic asset that acts as a certificate created by miners' mortgaged storage power.
Borrowers pledge the storage power of the node, and sFIL is generated according to the pledged amount.
## **Borrower Nodes FAQs**
*How can I get a loan?*
sFIL holders can borrow cFIL with sFIL as collateral. For example, assuming that the collateral ratio is 60%, the maximum number of cFILs a user can borrow after a mortgage of 10,000 sFIL is 60% of 10000 = 6,000.
*How do I reclaim effective storage power?*
Miners can recover effective storage power by sending sFIL to the designated address.
*How much is the loan interest?*
The borrower calculates the interest in real-time as soon as the loan begins. For example, assuming that the loan interest rate is 60%, it is calculated as loan interest = loan cFIL quantity \* 60% \* loan days/365.
## **How To Use The Borrow Feature?**
Follow these steps to start lending or borrowing:
1\. Press the burger icon on the top right corner of the DApp screen.
2\. Press the \[Borrow] button at the top of the menu.
Alternatively, you can press the \[Borrow] button shown next to your sFIL Balance in the Wallet screen.
3\. Pressing \[Borrow] opens the Borrow screen. To pledge storage you can press the orange \[Storage Pledge] button and enter your details and your node number.
4\. The screen will also show you information about your current sFIL assets and the total sFIL in the market. To borrow, press the blue \[Borrow] button and press the \[Repay] button to return your previously borrowed sFIL.
5\. You can see the Trusteeship List by pressing the \[Trusteeship List] button at the bottom of the screen.
# Ethereum chain to BNB Smart Chain
Users can exchange CRFI on ERC20 to BNB.
### Open With Wallet
1. Open the Ethereum wallet and find CRFI.
2. Click 'Send'.
3. Enter the redemption quantity and redemption address.
When you enter the redemption quantity and redemption address, the network may get delayed for a maximum of 12 hours during the redemption.
**ERC20 exchange BNB address:**
0xba412479aBb00023CeA89e2995BB57A74e31D785
# BNB Smart Chain (BNB)
This is a guide for CrossFi BNB Smart Chain (BNB) decentralized finance staking application. Please join the [official CrossFi Telegram group](< https://t.me/crossfimain_en>); the CrossFi team and members of the community look forward to helping you understand and use the CrossFi DApp.
# Getting started
In order to launch the CrossFi DApp, users need to have one of the cryptocurrency wallets below and create an account to access the CrossFi DeFi staking pool.
### **Install Wallet**
[Metamask](https://metamask.io/download.html), [imToken](< https://www.token.im>) and [TokenPocket](< https://download.tokenpocket.pro/index.html?new#>) all support the CrossFi DApp.
Metamask wallet download link:
{% embed url="" %}
imToken wallet download link:
{% embed url="" %}
TokenPocket wallet download link:
{% embed url="" %}
### **Deposit BNB in the Wallet**
BNB is required as the gas fee for every transaction, ensure that you have enough BNB in your wallet to at least pay the gas fee required for a transaction. The specific retained amount and gas fee are based on BNB Smart Chain. BNB can be purchased on the Binance exchange.
# Add CRFI and cFIL on wallet
### Open the BNB wallet and Add New Tokens
1. Open the wallet.
2. Click 'Add token' or the plus icon to add a new token.
3. Enter any of the following contract addresses:
**CRFI contract address:**
0xae20bc46300bab5d85612c6bc6ea87ea0f186035
**cFIL contract address:**
0x4eab1d37213B08C224E4C9C28efbA23DC493dFD2
# Start CrossFi DApp
Users can access the CrossFi DApp by browsing DApps on a wallet or scanning the QR code on [https://crossfimain.com](https://crossfimain.com/)
### Open With Wallet
1. Open the wallet.
2. Find the DApps browser.
3. Enter DApp Address:
### QR code
1. Scan the QR code below with the wallet or open
2. Login with the wallet.
# Stake CRFI and cFIL
Access decentralized finance products and earn the highest possible returns simply and safely. CrossFi supports both CRFI (CrossFi token) and cFIL (Filecoin synthetic asset) staking pools.
**Staking Product Types:**
* Flexible Staking: Current interest is not fixed, the principal and mining income are available at any time, and the interest rate is floating.
* Locked Staking: Regular interest is not fixed, the principal is withdrawn at maturity, the mining income can be withdrawn at any time, and the interest rate is floating.
Once you subscribe to the product, interest will be calculated and distributed to your DApp wallet. When the process is complete, the staked assets will be redeemed automatically and returned to your wallet.
### **Stake cFIL**
1. Click the **'cFIL'** button at the bottom of the DApp.
2. Subscribe offered staking products with different duration.
3. Enter the pledge amount you want to stake and confirm.
####
### **Stake CRFI**
1. Click the **'CRFI'** button at the bottom of the DApp.
2. Choose deposit products of different periods.
3. Enter the pledge amount you want to stake and confirm.
# Swap FIL and cFIL
In order to stake Filecoin, users need to swap Filecoin to synthetic asset cFIL.
### Swap on the CrossFi DApp (FIL -> cFIL)
1. Go to the wallet section on the CrossFi DApp.
2. Click the 'Swap' button on the cFIL balance section.
3. Click the 'Login' button to authorize copying the recharge address.
4. Deposit FIL into the copied address for exchange.
### Swap on the CrossFi DApp (cFIL -> FIL)
1. Go to the wallet section on the CrossFi DApp.
2. Click the 'Swap' button on the cFIL balance section.
3. Click the arrow between FIL and cFIL to switch.
4. Enter the amount and the receiving FIL address for exchange.
5. Confirm.
# MetaMask Wallet Withdrawal Guide
Dear users, due to the error in the GAS evaluation of some wallets recently, the default Gas price obtained by the wallet is 0 gwei, which leads to the failure of coin withdrawal. The following is the solution:
#### First step
Import the wallet into Matemask
#### **Second step**
Click the Dapp coin withdrawal button. When the trading box of Matemask is opened, click "Site suggested".
#### The third step
Click to select the "Market" option
#### Finally
Click "Confirm"
If you encounter any problems, you are welcome to consult the customer for one-to-one solution. At present, we are actively docking the wallet official technology to solve the problem of Gas assessment error. Thank you for your support
# CrossFi Borrow (Flashloan)
## **What is CrossFi Borrow?**
The Borrow feature update in the CrossFi DApp now empowers you to create sFIL and borrow cFIL with sFIL as collateral. sFIL and cFIL are both FIL (Filecoin) synthetics.
## **What is sFIL?**
sFIL is Filecoin synthetic asset that acts as a certificate created by miners' mortgaged storage power.
Borrowers pledge the storage power of the node, and sFIL is generated according to the pledged amount.
## **Borrower Nodes FAQs**
*How can I get a loan?*
sFIL holders can borrow cFIL with sFIL as collateral. For example, assuming that the collateral ratio is 60%, the maximum number of cFILs a user can borrow after a mortgage of 10,000 sFIL is 60% of 10000 = 6,000.
*How do I reclaim effective storage power?*
Miners can recover effective storage power by sending sFIL to the designated address.
*How much is the loan interest?*
The borrower calculates the interest in real-time as soon as the loan begins. For example, assuming that the loan interest rate is 60%, it is calculated as loan interest = loan cFIL quantity \* 60% \* loan days/365.
## **How To Use The Borrow Feature?**
Follow these steps to start lending or borrowing:
1\. Press the burger icon on the top right corner of the DApp screen.
2\. Press the \[Borrow] button at the top of the menu.
Alternatively, you can press the \[Borrow] button shown next to your sFIL Balance in the Wallet screen.
3\. Pressing \[Borrow] opens the Borrow screen. To pledge storage you can press the orange \[Storage Pledge] button and enter your details and your node number.
4\. The screen will also show you information about your current sFIL assets and the total sFIL in the market. To borrow, press the blue \[Borrow] button and press the \[Repay] button to return your previously borrowed sFIL.
5\. You can see the Trusteeship List by pressing the \[Trusteeship List] button at the bottom of the screen.
# CSO (CrossFi Swap Opportunity)
The CSO is a great way to experience the liquidity of CrossFi by swapping to Filecoins and burning your CRFI.
## What is the CSO?
#### Introduction
CSO is an opportunity for CRFI (CrossFi Token) holders where they can swap CRFI to cFIL for good profits. cFIL is a 1:1 pegged synthetic FIL (Filecoin). CSO has been added to the [CrossFi DApp](https://dapp.crossfimain.com/) (dapp.crossfimain.com) as a regular feature. It will be launched as a 1-day-only event for the first time on September 9th 2021, and thereafter, more such 1-day-only events will be regularly organized.
CSO is a great chance for you to experience the liquidity and profitability of investing in CrossFi. So just open the DApp and Swap!
####
#### The structure of the CSO
The allocated cFIL pool for the event has been sponsored by 10% of the total revenue generated via [CrossFi Borrow](https://docs.crossfimain.com/english/operating-instructions/binance-smart-chain/borrow-sfil), a feature that we launched recently on 2nd September, 2021.
The exact number of cFIL (Filecoin), the Pool Capacity, maximum participation amount per person and the CRFI to cFIL Swap Ratio will be announced through the [official CrossFi Twitter account](https://twitter.com/globalcrossfi) and the [official CrossFi Telegram group ](https://t.me/crossfimain_en)approximately 30 minutes before the start of the event. The Swap Ratio will be determined by the market price at that time.
When the event timer ends, the swap will be automatically terminated. Any deposited CRFI that is not swapped will be returned to the user. If there happens to be any unused cFIL in the pool at the end of the first CSO, the amount will be carried over to the next CSO, to be announced at a later date.
#### **The process explained (as on the screen during the CSO Event)**
1\. Initiate - Initiate the exchange, enter the exchange amount, and confirm with the wallet.
2\. View - Wait for the event to end and check the redemption results.
3\. Extract - Withdraw the converted assets.
#### What is a Limited Exchange?
This option has a maximum amount of CRFI that can be swapped per user but there will be no Participation Fee.
*Example:*
You start with 2,000 CRFI
Swap Ratio is 20 CRFI:1 cFIL
Total CRFI Deposited on the Platform is 40,000
Swap Pool has 1,000 cFIL
*Formula is:*
Amount of cFIL Swapped = Your CRFI Participation Percentage \* Swap Pool
i.e., Amount of cFIL Swapped = (Your Deposited CRFI / Total CRFI Deposited on the Platform) \* Swap Pool
i.e. Amount of cFIL Swapped = (2,000 / 40,000) \* 1,000 = 50 cFIL
And Amount of CRFI Used = Amount of cFIL Swapped \* Swap Ratio
i.e. Amount of CRFI Used = 50 \* 20 = 1,000 CRFI
So, you can withdraw 50 cFIL and the remaining 1,000 CRFI
**What is Unlimited Exchange?**
This option has no limits on the amount of CRFI that can be swapped per user but there will be a 10% Participation Fee. The more you put in, the more you will get out.
Look at the example above. From a total of 2,000 CRFI at the start, 1,000 were used for the swap and the remaining 1,000 were available for withdrawal. With the 10% Participation Fee, the 1,000 CRFI used will become 1,100. So, 900 will be available for withdrawal.
#### **CSO FAQs**
*Which swap should I participate in? Can I participate in both at the same time?*
You can participate in one or both at the same time.
*What is swapped CRFI used for?*
Successfully swapped CRFI will be burned.
*How much does it cost to participate?*
Only the Unlimited swap opportunity charges a fee, the Limited swap is free. Upon withdrawal, you will receive the net amount after deduction of a 10% participation fee.
*Where will the participation fee be used?*
The received CRFI for the participation will be burned.
## Participate in the CSO
#### **How to use the CSO feature?**
1\. When you open the DApp, you will find a \[CSO] button added to the main menu at the bottom of the screen.
2\. Pressing the \[CSO] button will open the Swap & Burn Event screen.
3\. The clock countdown will show you how much time is remaining for the 1-day-only event to conclude, don’t miss out on this great opportunity!
4\. The ‘View Past’ dropdown will show you information about the past events and the next event. 1-day-only CSO events will take place regularly on the CrossFi DApp.
5\. Press the \[Limited Exchange] button for a 0-fee swap from a smaller pool of cFIL.
5\. Press the \[Unlimited Exchange] button for a 10% fee swap from a larger total pool of cFIL.
6\. Simply press the \[Authorize] button to execute the swap and you’re done!
# BNB Smart Chain to Ethereum chain
Users can exchange CRFI on BNB to ERC20 for transactions.
### Open With Wallet
1. Open the BNB wallet and find CRFI.
2. Click 'Send'.
3. Enter the redemption quantity and redemption address.
When you enter the redemption quantity and redemption address, the network will be delayed for 12 hours during the redemption.
**BNB exchange ERC20 address:**
0x72d24466A20cF494fE02b12F9B831Eba31cD9A08
# Invitation Reward
Users can create an invitation link for 90-540-day period products. The inviter will receive 10% of their friends' income as a reward. It will be redeemed when the invited friends receive profit.
### Invite Friends to Earn Rewards
1. Click the navigation menu at the top right on the CrossFi DApp.
2. Click 'Invite' to generate a friend invitation link.
3. Copy and share the invitation link.
4. You can also download an image of your QR Code for sharing.
# CrossFi - CRFI
CrossFi (CRFI) is a governance token for the CrossFi ecosystem. CRFI holders will be able to claim rewards if they stake their tokens, provide liquidity, and participate in key governance votes. CRFI is utilized as gas for executing on-chain operations and for paying services.
Our goal with CRFI is to align the incentives between the participators of the CrossFi ecosystem and the liquidity providers. The token mechanisms described above have two main goals:
* To connect isolated liquidity of existing public chains.
* To democratize decentralized finance.
CrossFi is committed to becoming a decentralized cross-chain asset lending and liquidity sharing protocol. Therefore, a specific governance module will be developed for the community, allowing CRFI token holders to participate in voting by staking CRFI tokens at any time.
# Token Listing
At present, CRFIs are circulated in the secondary market and can be exchanged for CRFIs on a centralized exchange as well as decentralized exchanges.
Centralized Exchange
* [Bittrex](https://global.bittrex.com/Market/Index?MarketName=USDT-CRFI)
* [LBank](https://www.lbank.info/exchange/crfi/usdt/#usd)
Decentralized Exchanges
* [DODO](https://app.dodoex.io/exchange/CRFI-BUSD?utm_source=tokenpocket\&network=bsc-mainnet)
* [Sakeswap](< https://bsc.sakeswap.finance/?utm_source=tokenpocket#/swap>)
* [PancakeSwap](< https://exchange.pancakeswap.finance/?utm_source=tokenpocket#/swap>)
* [UNISwap](https://uniswap.token.im/?locale=zh-CN\&utm_source=imtoken#/swap)
**CRFI contract (BNB) address:** \
0xAE20BC46300BAb5d85612C6BC6EA87eA0F186035
**CRFI contract (Ethereum) address:**\
0x8848812BD31AEEe33313C10A840FfC3169078C5b
# Token Economics
In the CrossFi ecosystem, all synthetic assets use the native token CRFI as the only collateral asset. Users can stake CRFI tokens with a collateral ratio of 200% and at the same time mint the basic synthetic asset value unit cUSD (1:1 pegged to the US Dollar). After the user mints the basic synthetic asset unit cUSD, it can be exchanged for any advanced synthetic asset based on it, such as synthetic Bitcoin, synthetic Ether, synthetic stock or synthetic asset ETF.
In the initial stage, in order to effectively control the debt risk in the entire system, a large number of other assets will not be introduced as collateral assets. In the future, even if other collateral assets (such as BTC or ETH) are introduced, an independent debt pool will be created to control the system risk.
In addition to serving as the only collateral asset, CRFI will also serve as a native asset providing incentives for the nodes of the entire network, and also acting as the payment medium and value unit of on-chain services such as on-chain transfer, transaction, asset minting, and burning.
In order to further incentivise users to mortgage assets, a certain percentage of the fees in the entire CrossFi system will be drawn to a common fee pool, and then distributed to all CRFI token stakers. In addition, only users who have staked CRFI tokens can activate the right to participate in the community governance of CrossFi. CRFI tokens will have an annual inflation rate of 5%-10%, of which 80% of the inflated tokens will be allocated to all CRFI token stakers, and the remaining 20% of the new tokens will be allocated to the Stabilization Fund to hedge the market risk.
CRFI will also serve as the collateral asset and trading pair for the creation of synthetic assets. Whenever a synthetic asset, such as cUSD, is minted, a collateral ratio of 200% of CRFI tokens must be staked. CRFI token holders can earn rewards by staking their CRFI and securing the network through validator nodes. CRFI stakers will receive staking rewards and service fees in exchange for providing the security, computation, and storage as required by the network. CRFI has a built-in inflationary mechanism at an annual inflation rate of 5-10%. 80% of these tokens will be redistributed pro-rate to CRFI stakers, with the remaining 20% allocated to a stabilization fund. The stabilization fund is intended to help control inflation, ensure proper community incentives, and generally, hedge against risk. The stabilization fund will provide the liquidity pool for the platform stablecoin - cUSD.
## Product type
1.Current: current interest is not fixed, the principal and mining income are available at any time, and the interest rate is floating.
2.Regular: Regularly interest is not fixed, the principal is withdrawn at maturity, the mining income can be withdrawn at any time, and the interest rate is floating.
## Calculation of Mining Revenue
The feature of CrossFi product is single token lock-up and double mining, depositing FIL and CRFI can mine two kinds of tokens.
The rewards of the same token are based on the token to produce income. For example, the cFIL rate of return is 30% after depositing cFIL for 90 days, the return after maturity is calculated as follows:
Different tokens are based on the USDT to produce income. For example, the 90-day CRFI yield of cFIL is 100%, the price of FIL is 60, and the price of CRFI is 2U. Then the total CRFI income obtained after maturity is: cFIL total deposit\*FIL token price\*100%/365\*90/CRFI token price.
### **CRFI Dynamic Rate of Return Rules**
The daily total output of CRFI is fixed, and the interest rate of each sector is adjusted with the adjustment of the total pledge amount.
**Locked cFIL interest rate:**
$$
interest =mining*CRFIp/locked cFILv*FILp*365*100%
$$
* User's daily mining output = daily fixed mining output \* user cFIL weighted capital amount / platform cFIL total weighted capital amount
* User cFIL weighted capital amount = user locked cFIL amount \* locked product weight
* The total weighted amount of platform cFIL funds = (current lock-up amount \* weight) + (90days lock-up amount \* weight) + (180days lock-up \* weight) + (365days lock-up \* weight) + (540days lock-up \* weight)
**Locked CRFI interest rate:**
$$
interest = mining/locked CRFIv*365*100%
$$
* User's daily mining output = daily fixed mining output \* user CRFI weighted capital amount / platform CRFI total weighted capital amount
* User CRFI weighted capital amount = user locked CRFI amount \* locked product weight
* The total weighted amount of plstform CRFI funds = (current lock-up amount \* weight) + (90days lock-up amount \* weight) + (180days lock-up \* weight) + (365days lock-up \* weight) + (540days lock-up \* weight)
**Mining weight table:**
| | cycle | weight | | cycle | weight |
| -------- | -------- | ------ | -------- | -------- | ------ |
| **cFIL** | current | 1 | **CRFI** | current | 1 |
| | 90 days | 1.5 | | 90 days | 1.5 |
| | 180 days | 2 | | 180 days | 2 |
| | 360 days | 2.5 | | 360 days | 2.5 |
| | 540 days | 3 | | 540 days | 3 |
# Token Distribution
CRFI is the only native utility token. The total supply of CRFI tokens is 100 million, and the distribution is as follows:
* **Ecosystem Incentives 40%**
* **Private Sale 20%**
* **Team 15%**
* **Foundation 10%**
* **Marketing 10%**
* **Advisors 5%**
# Token Contract
#### Contract address of CRFI token on the ERC20 chain:
```
0x8848812bd31aeee33313c10a840ffc3169078c5b
```
#### Contract address of CRFI token on the BSC:
```
0xae20bc46300bab5d85612c6bc6ea87ea0f186035
```
# white paper
# Audit
# FAQs
## What is CrossFi?
CrossFi is a cross-chain liquidity sharing protocol characterized by multi-chain lending and synthetic assets. It aims to connect and release all isolated liquidity of existing public chains.
Please join the [official CrossFi Telegram group](< https://t.me/crossfimain_en>); the CrossFi team and members of the community look forward to helping you understand and use the CrossFi DApp.
## How do I Interact With the CrossFi Protocol?
In order to interact with the CrossFi protocol, you simply deposit your preferred asset and amount. Currently, CrossFi supports staking pools of Filecoin (FIL) and CrossFi (CRFI) tokens. After depositing, you will earn passive income based on the borrowing demand in the market. Any interest you earn by depositing funds helps offset the interest rate you accumulate by borrowing.
So start staking and get rewards on the [CrossFi DApp](https://dapp.crossfimain.com).
## What is the Cost of Interacting With the CrossFi Protocol?
Users can participate in staking on both Ethereum (ERC20) and Binance Smart Chain (BSC). Interacting with the protocol requires transactions and so transaction fees for Ethereum and Binance Smart Chain blockchain usage, which depend on the network status and transaction complexity.
## Where are my deposited funds stored?
Your funds are allocated in a smart contract. The code of the smart contract is public, open-source, formally verified and audited by third-party auditors. You can withdraw your funds from the pool on-demand or the version of your lender position.
## The CrossFi (CRFI) Token
CRFI is used as the centre of gravity of the CrossFi protocol governance. AAVE is used to vote and decide on the outcome of CrossFi governance proposals. Apart from this, CRFI can be staked within the protocol to provide security/insurance to the protocol/depositors. Stakers earn staking rewards and fees from the protocol.
# Roadmap
## Roadmap
*Updated October 27, 2022*
### 2021.Q1 **✅**
* The beta version of the lending platform is online**.**
### **2021.Q2 ✅**
* Launching one-stop Lending platform.
### **2021.Q3 ✅**
* Test docking modules on the mainstream public chain.
* Launch of the CrossFi Swap Opportunity (CSO) plan.
### **2021.Q4 ✅**
* Launching multi-asset network switching protocol & the L2 integrations.
* Synth-based markets DEX development.
### **2022.Q1 ✅**
* Expand the application ecosystem of CrossFi.
### **2022.Q2 ✅**
* DEX development in progress.
### **2022.Q3✅**
* DEX test.
### **2022.Q4✅**
* DEX depth test.
### **2023.Q1 ✅**
* DEX test optimization.
### 2023 Q2**✅**
* Internal testing and improvement of the DEX.
### 2023 Q3**✅**
* Drive DeFi community and business development.
* Test the DEX on the FVM (Filament Virtual Machine).
### 2023 Q4**✅**
* Collaborate with security experts to conduct vulnerability and security testing to ensure the stability and security of the mainnet.
### 2024 Q1 to Q3**✅**
* User Needs Research: Conduct surveys with existing and potential users to understand their needs and suggestions for the DeFi platform.
* Route Map Update: Update the DeFi platform’s feature priorities and development direction based on user feedback.
* Education and Community Activities: Host online and offline educational events to help users understand how to use DeFi and manage risks.
* Collaboration and Ecosystem Development: Establish partnerships with other projects or platforms to expand the DeFi platform’s ecosystem.
* User Experience Improvement: Optimize the platform interface and processes based on user feedback to enhance user experience.
### 2024 Q4**✅**
* Governance Mechanism Improvement: Optimize the governance mechanism of the CRFI token to enable community members to participate in decision-making more effectively.
* Liquidity Mining Promotion: Increase incentives for liquidity mining to attract more users and funds to the platform.
* Review and Reform: Review and adjust existing DeFi products and strategies based on market changes and user feedback.
### 2025 Q1 to Q3**✅**
* Official Launch of the DEX Platform: Release the DEX platform, deeply integrate it with DeFi products, and support more trading pairs.
* Major Marketing Activities: Launch quarterly marketing campaigns to enhance platform visibility and user participation.
* Community Reward Program: Initiate a community reward program based on user participation to incentivize continued platform usage.
* Ongoing Monitoring and Optimization: Monitor the performance of the DEX and DeFi platforms, and implement rapid iterations and optimizations based on market feedback.
* Multi-Chain Support Implementation: Complete integration with other chains such as Solana, NEAR, TON, further expanding the DeFi ecosystem.
* Long-Term Strategy Release: Publish the platform's future development strategy, covering upcoming features and target markets.
# Channels
Please join the [official CrossFi Telegram group](< https://t.me/crossfimain_en>); the CrossFi team and members of the community look forward to helping you understand and use the CrossFi DApp.
**Official:**
* Homepage: [https://www.crossfimain.com](https://www.crossfimain.com/)
* DApp:
* Coinmarketcap:
* Coingecko:
**Community Channel:**
* Telegram\_EN:
* Telegram\_KR:
* Telegram\_CN:
* Telegram\_VN:
* Telegram\_ID:
* Discord:
**Social Channel:**
* Medium:
* Twitter:
* Github:
# Announcement
# What are Liquidity Pool (LP) Tokens?
Liquidity Pool (LP) tokens, sometimes referred to as “liquidity provider tokens,” are issued to users who provide liquidity to a liquidity pool. These tokens serve as receipts and proof of deposit for redeeming the deposited assets and profits.
{% embed url="" %}
# CSO Follow Up Report
The details of the just concluded CrossFi Swap Opportunity is now made public. Our users earned profits from the event and from the just concluded Chat to Earn campaign. Read about the rewards shared here:
{% embed url="" %}
# IT IS TODAY!
IT IS TODAY!!!!!!!!!!!!!! We have few hours to the CSO event! You will regular updates here and in our discord. Go to the Dapp and get ready!
{% embed url="" %}
# Let the countdown begin!
Let the countdown begin!
 CrossFi Swap Opportunity (CSO) is a 1-day-only Swap-and-Burn event that allows users to earn liquidity and profits as an investor in CrossFi. Barter your [$CRFI](https://twitter.com/search?q=%24CRFI\&src=cashtag_click) tokens for cFILs (1:1 pegged synthetic filecoin) and earn amazing interests [#Filecoin](https://twitter.com/hashtag/Filecoin?src=hashtag_click)
# CrossFi Swap Opportunity is here once again!
Hello CrossFi family CrossFi Swap Opportunity is here once again! Get your [$CRFI](https://twitter.com/search?q=%24CRFI\&src=cashtag_click) ready. Join the discord for exclusive details. See the details below
{% embed url="" %}
# 9th Round CSO Summit Unveiling Soon
CrossFi CSO #9 is on May 10th, 2023 at 20:00 Hours SGT (UTC+8)
We are proud to welcome you to Round #9 of CrossFi Swap Opportunity (CSO). If you have been a dedicated follower of our previous CSO trends, you must firmly agree on the notable successes amassed in each passing round.
The previous CSO opportunity add-on (CSO#8) — which took place on 10th February 2023, at 20:00 hours Singapore Time (UTC+8) — was another successful entry as well. Such that it went ahead to oversee the distribution of 960 FILs — a significant increase from the 940 FILs distributed in CSO Round #8.
If you want to be part of this amazing opportunity, all you need to do is to make sure you’re logged into the Dapp before the start of the event.
# Suspend recharge business
Due to the upgrade of the new version of Lotus, CrossFi needs to do synchronous technology upgrades and suspend the deposit business. It is expected to open fil recharge and exchange in a week, and the withdrawal will be normal.
# CrossFi Will Support the Filecoin (FIL) Network Upgrade
CrossFi Will Support the Filecoin (FIL) Network Upgrade CrossFi DAPP will support the Filecoin (FIL) network upgrade.
The Filecoin (FIL) network upgrade will take place at the Epoch 2,683,348, or approximately at 2023–03–14 15:14 (UTC). Deposits and withdrawals of FIL will be suspended approximately starting from 2023–03–14 14:30 (UTC).
Please note:
The trading of FIL will not be affected during the network upgrade.
The Filecoin (FIL) network upgrade will take place at the Epoch 2,683,348. The estimated time is for users’ reference only.
We will reopen deposits and withdrawals for FIL once we deem the upgraded network to be stable, and we will not notify users in a further announcement.
CrossFi Team
# AMA Recap — CrossFi x Metatalkz
We had an amazing AMA with[@metatalkz](https://twitter.com/metatalkz)where we broke down CrossFi's achievements, the current progress and what [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) users should expect. Read more here:
{% embed url="" %}
Follow us on medium for more updates
# CSO Follow Up Report
The details of the just concluded CrossFi Swap Opportunity is now made public. Our users earned profits from the event and from the just concluded Chat to Earn campaign. Read about the rewards shared here:
{% embed url="" %}
# Countdown 0 day
We are counting in hours!  Are you ready for this opportunity to earn more profits? The current discord event lets you earn into your [#BSC](https://twitter.com/hashtag/BSC?src=hashtag_click) CRFI wallets by just chatting. Join the discord and go to our Dapp [https://dapp.crossfimain.com](https://t.co/cqfuHmePkD) for more info about the CSO event tomorrow.
# Countdown 1 day
The CrossFi Family is ready. The community is ready. Cross-chain users and [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) and [#Web3](https://twitter.com/hashtag/Web3?src=hashtag_click) users are set to earn liquidity and profits. Link to DApp for swap:[https://dapp.crossfimain.com](https://t.co/cqfuHmePkD) Join the discord (link in bio) for exclusive updates
# Countdown 2 days
We are counting down to our next CrossFi event. If you want to be part of this amazing opportunity, all you need to do is to make sure you’re logged into the Dapp before the start of the event. #ETH and #BSC Visit our DApp here: \
# Let the countdown begin!
Let the countdown begin! CrossFi Swap Opportunity (CSO) is a 1-day-only Swap-and-Burn event that allows participants to witness earn liquidity and profits as an investor in CrossFi. Barter your CRFI tokens for cFILs (1:1 pegged synthetic filecoin) and earn amazing interests
# The CrossFi swap opportunity is back
Swap your CRFI tokens for Filecoins and make significant profits. CSO is a 1-day-only Swap-and-Burn event that allows participants to witness earn liquidity and profits as an investor in CrossFi. See how to do it here: [https://globalcrossfi.medium.com/greetings-crossfi-family-e88ca6e92c70…](https://t.co/Rp3SyJEWYL) [#BSC](https://twitter.com/hashtag/BSC?src=hashtag_click) [#ETH](https://twitter.com/hashtag/ETH?src=hashtag_click) [#Uniswap](https://twitter.com/hashtag/Uniswap?src=hashtag_click) [#Airdrop](https://twitter.com/hashtag/Airdrop?src=hashtag_click)
# CSO #8 coming soon
COMING SOON CrossFi Swap Opportunity (CSO) Event Date: 10th Feb.2023 by 12:00 UTC (20:00 SGT) Join with CrossFi DApp: [https://dapp.crossfimain.com](https://t.co/cqfuHmfnab)
# What is Flash Loan
Are flash loans risky? There are a couple of use cases attributed to flash loans. We have broken down this concept with its risks and benefits to [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click), [#Crypto](https://twitter.com/hashtag/Crypto?src=hashtag_click) lenders, borrowers, stakers, etc. See the full information here:
{% embed url="" %}
# What is Exchange Trust Fund
Massive speculations have risen on how the approval of [#Crypto](https://twitter.com/hashtag/Crypto?src=hashtag_click) ETFs will drive a major change in the perception of the crypto industry as a legitimate digital asset. We explained everything in the article below:
{% embed url="" %}
# The Liquidity Crisis in Crypto Ecosystem
A crypto liquidity crisis occurs as a result of a lack of cash, or assets that are convertible to cash. Having crypto in exchange lets you to finance all your transactions from trading, buying & withdrawal. Read more about [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) liquidity crisis here:
{% embed url="" %}
# CrossFi WorldCup Final Prediction
Predict the winner of the [#WorldCup](https://twitter.com/hashtag/WorldCup?src=hashtag_click) Finals this weekend and win from $10,000 pool Submit your tweet link and [#BSC](https://twitter.com/hashtag/BSC?src=hashtag_click) address to the form below [https://forms.gle/KAdkXDuDArKercVn6…](https://t.co/sRdNBUMDpZ) RT, Follow, Predict (only once) & join the discord (link in bio). Winners will be announced after the finals.
# Understanding Blockchain Trilemma
[#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) trilemma entails that the three desirable elements in a blockchain — decentralization, security, and scalability — can’t be achieved simultaneously at optimal levels. See how CrossFi uses these elements to give users the best experience.
{% embed url="" %}
# World Cup CrossFi Event
World Cup CrossFi Event Win $500 [$CRFI](https://twitter.com/search?q=%24CRFI\&src=cashtag_click) in ten days! Chat on the daily given topic in the discord (link in bio) and win daily. Rewards will be sent your [#BSC](https://twitter.com/hashtag/BSC?src=hashtag_click) [$CRFI](https://twitter.com/search?q=%24CRFI\&src=cashtag_click) address. Read the rules in the link below:
{% embed url="" %}
# CSO Follow Up Report
During our 7th CSO event last week, we recorded the following:
· A total of 224,327 CRFIs were burned · The Limit swap exchanged 52,034 CRFIs · The Unlimit swap exchanged 156,630 CRFIs
Check out more from our medium:
{% embed url="" %}
# Financial Inclusivity– The role of DeFi
From eliminating middleman services, to bridging a financial gap, [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) has grown hugely overtime and more users are being integrated easily. The current [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) market state hasn't affected the core utilities either. Read more:
{% embed url="" %}
# Will start in an hour and a half🚀
Will start in an hour and a half
{% embed url="" %}
# Countdown to the day
Countdown to the day, are you ready? The more CRFI you have, the higher the weight will be.[#filecoin](https://twitter.com/hashtag/filecoin?src=hashtag_click) [#CRFI](https://twitter.com/hashtag/CRFI?src=hashtag_click)
{% embed url="" %}
# Countdown to 2 days
Countdown to 2 days, click the link below to learn how to get your cFil ([#Filecoin](https://twitter.com/hashtag/Filecoin?src=hashtag_click)) 
{% embed url="" %}
# Are you ready? Countdown to 3 days
Are you ready? Countdown to 3 days. [#Filecoin](https://twitter.com/hashtag/Filecoin?src=hashtag_click) [#CRFI](https://twitter.com/hashtag/CRFI?src=hashtag_click) [#cfil](https://twitter.com/hashtag/cfil?src=hashtag_click)
{% embed url="" %}
# Greetings, CrossFi Family!
[#CSO](https://twitter.com/hashtag/CSO?src=hashtag_click) #7 Is On 10th November! it's here again,908cFILs ([#Filecoins](https://twitter.com/hashtag/Filecoins?src=hashtag_click)), waiting for you to exchange. Read more here [#filecoin](https://twitter.com/hashtag/filecoin?src=hashtag_click) [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) [#swap](https://twitter.com/hashtag/swap?src=hashtag_click)
{% embed url="" %}
# How does Crypto Lending and Borrowing Work?
[#Defi](https://twitter.com/hashtag/Defi?src=hashtag_click) offers users the opportunity to borrow and lend assets. But many [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) users don't know how it works. Read this article to start.
{% embed url="" %}
# What are Meme Coins
Meme coins are low cap coins backed by a community. They are inspired by memes and internet jokes. These fun fare coins coins do not have tangible utility behind them. Find out more here
{% embed url="" %}
# What is Governance Token
As the [#defi](https://twitter.com/hashtag/defi?src=hashtag_click) industry grows and gets more complex, the need arises to differentiate between concepts. This article sheds light on the peculiarities of governance tokens against other tokens found in the industry.
{% embed url="" %}
# What is Multi-Asset Staking
There are many ways to earn passive income in the cryptocurrency industry for not just holders but also crypto traders and investors who want to diversify their means of income such as multi-asset. Read more about multi-asset staking here
{% embed url="" %}
# What is the Difference Between APY and APR
APY and APR are some of the confusing terms in [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click). They are often used interchangeably but here are the differences between the two. Find out more here
{% embed url="" %}
# Understanding the Difference Between Cryptocurrency and Stock
There are quite a number of differences between [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) and traditional stocks. Cryptocurrency is a digital currency that runs on blockchain [#technology](https://twitter.com/hashtag/technology?src=hashtag_click) while stocks are centralized shares. Read more here
{% embed url="" %}
# Ethereum Merge– The CrossFi Outlook
More about the Ethereum upgrade
{% embed url="" %}
# Announcement
Due to the need to upgrade ETH, CrossFi will temporarily close all token deposits and withdrawals at 16:00 UTC+8 on September 6th. For more information please see
{% embed url="" %}
# Understanding the Basics of Peer-to-Peer Network
In the world of decentralized finance, the term peer-to-peer (P2P) refers to the [#exchange](https://twitter.com/hashtag/exchange?src=hashtag_click) of digital assets or cryptocurrencies through a distributed [#network](https://twitter.com/hashtag/network?src=hashtag_click).
{% embed url="" %}
# Atomic Swaps
Atomic swaps use Hash Timelock Contracts (HTLC), a type of smart contracts technology, to automate tokens swap. It’s a time-bound smart contract between two parties used to generate one cryptographic hash on both ends. Find out more about atomic swaps here
{% embed url="" %}
# Difference Between Centralized and Decentralized Cloud Storage System
The storage system migrated from in-house servers to the clouds. The use of cloud provided a more scalable and flexible alternative to business owners. Decentralized storage system is changing the narrative once again. [#storage](https://twitter.com/hashtag/storage?src=hashtag_click) Read to found out more
{% embed url="" %}
# How Secure are Crosschain Solutions– Why CrossFi?
Bridges are one of the most essential tools in the [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) industry. However, their nature of interoperability presents a major challenge for their developers. Find out more about the security implications of [#crosschain](https://twitter.com/hashtag/crosschain?src=hashtag_click) bridge here
{% embed url="" %}
# CSO #6 is a success!
very successful The next issue will be on November 10th, let's look forward to it together. [#filecoin](https://twitter.com/hashtag/filecoin?src=hashtag_click) [#swap](https://twitter.com/hashtag/swap?src=hashtag_click) [#CRFI](https://twitter.com/hashtag/CRFI?src=hashtag_click)
{% embed url="" %}
# CSO #6 Is On 10th August!
[#CSO](https://twitter.com/hashtag/CSO?src=hashtag_click) #6 Is On 10th August! it's here again,960cFILs ([#Filecoins](https://twitter.com/hashtag/Filecoins?src=hashtag_click)), waiting for you to exchange. Read more here [#filecoin](https://twitter.com/hashtag/filecoin?src=hashtag_click) [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) [#swap](https://twitter.com/hashtag/swap?src=hashtag_click)
{% embed url="" %}
# Countdown to 1 days for CSO #6
Countdown to 1 day, are you ready? [#CRFI](https://twitter.com/hashtag/CRFI?src=hashtag_click) [#filecoin](https://twitter.com/hashtag/filecoin?src=hashtag_click) [#swap](https://twitter.com/hashtag/swap?src=hashtag_click)
# Countdown to 2 days for CSO #6
Are you ready? Two days left. [#Filecoin](https://twitter.com/hashtag/Filecoin?src=hashtag_click) today price $9.19 [#SWAP](https://twitter.com/hashtag/SWAP?src=hashtag_click) [#CRFI](https://twitter.com/hashtag/CRFI?src=hashtag_click) [#CSO](https://twitter.com/hashtag/CSO?src=hashtag_click)
# Countdown to 3 days for CSO #6
Redemption countdown, are you ready? [#filecoin](https://twitter.com/hashtag/filecoin?src=hashtag_click) [#swap](https://twitter.com/hashtag/swap?src=hashtag_click) [#crfi](https://twitter.com/hashtag/crfi?src=hashtag_click)
# Understanding Transaction Fees on Blockchain
Transaction fees play essential roles in most blockchain systems. They help support transaction processing and secure the network from bad actors. In this article, you will understand how transaction fees works.
{% embed url="" %}
# Passion Economy– GameFi, and how it is incentivising Gamers
One of the fastest growing sectors in the cryptocurrency sphere is [#Gamefi](https://twitter.com/hashtag/Gamefi?src=hashtag_click) — a world that allows individuals to make money by playing games. The gamefi market is poised to hit USD50 billion by 2025. Find out about the GameFi here
{% embed url="" %}
\
# Difference Between Token and Coin
If you are a cryptocurrency enthusiast, you must have come across the words “coin” and “[#token](https://twitter.com/hashtag/token?src=hashtag_click)”. Unfortunately, these words are often considered “cryptocurrencies” and used interchangeably even by experienced [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) users. Find out the difference here
{% embed url="" %}
# Custodial and Non-Custodial Wallets
Every cryptocurrency user needs a digital [#wallet](https://twitter.com/hashtag/wallet?src=hashtag_click). In other words, it can be used to send and receive digital assets, and access decentralized [#finance](https://twitter.com/hashtag/finance?src=hashtag_click) applications. There are two types of wallets– custodial and non-custodial. Find out more here
{% embed url="" %}
# The Basics of Investing in DeFi
[#Defi](https://twitter.com/hashtag/Defi?src=hashtag_click) is one the fastest growing sectors of the financial ecosystem. It has spurred investor interest across the globe, with defi recording new users. For beginners that want to leverage this financial technology, here is a way to get started.
{% embed url="" %}
# Exploring DeFi Oracles, and Their Roles in Decentralized Finance
In [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) , oracles provide information for decentralised protocols like [#DEXs](https://twitter.com/hashtag/DEXs?src=hashtag_click). The role of oracles is at the epicentre of the defi. Read more about defi oracles here.
{% embed url="" %}
# What is Impermanent Loss and How to Avoid it
One of the downsides of yield farming in [#defi](https://twitter.com/hashtag/defi?src=hashtag_click) is an impermanent loss. This occurs especially during volatile market conditions. Find out more about Impermanent loss and how to avoid it here.
{% embed url="" %}
# Reassessing the Use Cases of Blockchain in the Real World
v
{% embed url="" %}
[ ](https://t.co/pKWMprmUaV)
# Revisiting the Basics Functionalities of Stablecoins
Over the couple of weeks the [#crypto](https://twitter.com/hashtag/crypto?src=hashtag_click) community saw a [#StableCoin](https://twitter.com/hashtag/StableCoin?src=hashtag_click) de-pegging, leading to a cascade of events that ended the existence of some defi protocols. For investors, there is a need to understand each stablecoin work before investing. Find out here
{% embed url="" %}
# The updated version of our DEX will be live in the third quarter.
We wish to let you know that our [#DEX](https://twitter.com/hashtag/DEX?src=hashtag_click) is undergoing some updates. The updated version of our DEX will be live in the third quarter. The next version of [#CrossFi](https://twitter.com/hashtag/CrossFi?src=hashtag_click) is coming! The future is better. [#Decentralization](https://twitter.com/hashtag/Decentralization?src=hashtag_click) [#Defi](https://twitter.com/hashtag/Defi?src=hashtag_click) [#cryptocurrency](https://twitter.com/hashtag/cryptocurrency?src=hashtag_click)[ ](https://t.co/VmXBVm8ZAn)
{% embed url="" %}
# The Role of Dapps in the Web3 Ecosystem
Dapps lies at the centre of [#Decentralization](https://twitter.com/hashtag/Decentralization?src=hashtag_click) . It is the gateway to the web3 world, offering decentralized solutions to users. Find out more about dapps here
{% embed url="" %}
# Permissionless, Decentralized Web– Revisiting the Basics of Web3
The [#Internet](https://twitter.com/hashtag/Internet?src=hashtag_click) is thrown into evolution with the emergence of [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) technology. The blockchain -based internet, [#Web3](https://twitter.com/hashtag/Web3?src=hashtag_click) , will give power back to users. From data privacy to true ownership. This is more than an innovation. It is a paradigm shift.
{% embed url="" %}
# IPFS is Taking Cloud a Step Further with Decentralized Storage
Users are generating [#Data](https://twitter.com/hashtag/Data?src=hashtag_click) on the go while companies are storing users' data on the [#Cloud](https://twitter.com/hashtag/Cloud?src=hashtag_click) . In recent time, the paradigm is changing as users want to have more control of their data. [#IPFS](https://twitter.com/hashtag/IPFS?src=hashtag_click) could be the answer. Find out here
{% embed url="" %}
# An Expository into the Filecoin Ecosystem
The [#Filecoin](https://twitter.com/hashtag/Filecoin?src=hashtag_click) [#ecosystem](https://twitter.com/hashtag/ecosystem?src=hashtag_click) is a leading storage protocol on the [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) network poised to replace the traditional [#storage](https://twitter.com/hashtag/storage?src=hashtag_click) systems. Interestingly, developers are making moves to introduce [#smartcontract](https://twitter.com/hashtag/smartcontract?src=hashtag_click) to this storage protocol. Find out more here
{% embed url="" %}
# The Blossoms of Traditional Banking Dwindles as DeFi Enters the Stage
As traditional finance grapples with challenges, [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) -powered finance, defi, is poised to take over the sector. [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) opens the door wide to an array of possibilities not yet existent in the old economy. Find out how DeFi will influence banking
{% embed url="" %}
# Revisiting Blockchain Scalability and the Fate of Adoption in a Bear Market
There is every need to build a scalable [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) . With respect to adoption, if a blockchain-powered solution must replace its counterpart in the traditional world, then it must be at least as fast as that counterpart. Find out more here
{% embed url="" %}
# Revisiting Privacy, Free Speech and Censorship in Web3
Today's internet is rattled with [#censorship](https://twitter.com/hashtag/censorship?src=hashtag_click) , data exploitation and lack of free speech. This is attracting concerns on the part of the users [#web3](https://twitter.com/hashtag/web3?src=hashtag_click) , the next generation of the web, is poised to address these concerns with a [#decentralized](https://twitter.com/hashtag/decentralized?src=hashtag_click) architecture?
{% embed url="" %}
# Blockchain Accessibility
[#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) has earned a great deal of popularity leading to emergence of [#decentralized](https://twitter.com/hashtag/decentralized?src=hashtag_click) [#apps](https://twitter.com/hashtag/apps?src=hashtag_click) , [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) protocols and other projects. The time is due for developers and product designers to include the humans factor in their code. Read more
{% embed url="" %}
# The World Doesn’t Need Banks, Policymakers or NGOs — It Needs DeFi
The recent [#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) boom is making the world revisit the foundations of society. From democratic processes to business agreements. This is the only way the world can migrate to a society governed by [#DeFi](https://twitter.com/hashtag/DeFi?src=hashtag_click) and [#SmartContracts](https://twitter.com/hashtag/SmartContracts?src=hashtag_click). Read more here
{% embed url="" %}
# Proof-of-Work and Proof-of-Stake Compared
[#Blockchain](https://twitter.com/hashtag/Blockchain?src=hashtag_click) is a [#decentralised](https://twitter.com/hashtag/decentralised?src=hashtag_click) ledger updated remotely by different nodes across the world. However, there are different consensus protocols. Here's a thorough comparison between the major two. Read here
{% embed url="" %}
# NFTs at a Glance
Despite the bearish market, the [#NFT](https://twitter.com/hashtag/NFT?src=hashtag_click) sensation has not died out. NFTs projects are popping up every day and fresh mints are flying around Twitter. What exactly are NFTs? This is an article about NFTs for absolute beginners.
{% embed url="" %}
---
[Next Page](/llms-full.txt/1)
Read about the rewards shared here:
{% embed url="
Read more here:
{% embed url="
CrossFi Swap Opportunity (CSO) is a 1-day-only Swap-and-Burn event that allows participants to witness earn liquidity and profits as an investor in CrossFi. Barter your CRFI tokens for cFILs (1:1 pegged synthetic filecoin) and earn amazing interests
# The CrossFi swap opportunity is back
{% embed url="
Predict the winner of the [#WorldCup](https://twitter.com/hashtag/WorldCup?src=hashtag_click) Finals this weekend and win from $10,000 pool
Submit your tweet link and [#BSC](https://twitter.com/hashtag/BSC?src=hashtag_click) address to the form below [https://forms.gle/KAdkXDuDArKercVn6…](https://t.co/sRdNBUMDpZ) RT, Follow, Predict (only once) & join the discord (link in bio). Winners will be announced after the finals.
{% embed url="
{% embed url="
This is an article about NFTs for absolute beginners.
{% embed url="