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How It Works

PreviousIntroductionNext$BOOM Token

Last updated 3 months ago

Step 1: Connect your wallet to the X1 blockchain. Step 2: Create a new token or find one you like. Step 3: Buy it on the bonding curve. Step 4: Sell it at any time to lock in profits. Step 5: If enough people buy it, it reaches a market cap milestone. Step 6: It gets migrated to XenDEX, liquidity is added and burned forever.

Once market cap reaches $70,000, all remaining tokens and liquidity migrate to the DEX.

We deposit $17,000 in locked liquidity that's burned forever to prevent rug pulls.

We burn 100% of the XNT earned in trading fees, contributing to the deflation of XNT.

The creator of a token that gets listed on the DEX receives a reward of 1% of the liquidity in XNT for their achievement.

IMPORTANT: There is currently no Oracle available for X1 and the market price of XNT is yet to be established. The smart contract owner holds administrative keys to adjust the XNT deposit threshold required to trigger liquidity pool creation on XenDEX. To ensure a path toward full decentralization, the contract includes a β€œRenounce Ownership” function. Once this function is called (likely within the first few weeks after launch), all control will be relinquished and the protocol will be fully decentralized.

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