Update: XBANKING V.3 - “SYNERGY”.

XBANKING
3 min readApr 9, 2023

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30 APRIL — 4 UPDATES THAT WILL CHANGE THE STAKING MARKET!

Just recently we made a very significant update of XBANKING platform to version 2, where we introduced full decentralization and support of new protocols, and now we are announcing version 3 update — “SYNERGY”.

In the 3rd update we will provide a revolutionary and unprecedented solution of decentralized crypto asset staking using spot balance of centralized exchanges (CEX). It will explode the market for stacking.

Let’s get started!

Update # 1. Staking with your spot balance of a centralized exchange.

In the beginning it will be the exchanges ByBit and Binance.

Consider the topology of turning your centralized exchange balance into a decentralized staking.

(1) Nominator (user — you, the owner of the tokens) communicate with the XBANKING staking platform (2) using any browser.

(2) connect your installed for identification on the platform XBANKING WEB3 wallet (chosen by you) (3), after that you become an identified user (by means of wallet connection, your anonymity is fully preserved) on the platform.

After the decentralized identification on the platform (3) are connected your spot balances (4) on centralized exchanges, to which you will give access. NO ONE can ever access them except you, it is impossible with the security means, the most advanced encryption, WEB3 technologies, as well as the interaction data will be known only to you and no one else.

That’s it, now your spot balance is connected to your user on the platform.

No one but you knows the balance of your spot wallet and what assets are placed on it. That’s why you choose the token and the amount you want to place in non-custodial staking on your own after connecting the exchange ByBit or Binance.

(5) Now your assets from the centralized exchange are sent directly to the validators and placed (6) in the decentralized staking.

After the end of the staking period, your assets are automatically returned (7) directly to your spot balance of the centralized exchange.

All procedures take place without third-party involvement, are fully secure and comply with WEB3 standards. All actions are fully decentralized, anonymous, and no one has access to your assets.

Update # 2. Listing of new, key network tokens.

By April 30, we plan to listing new tcoins ARB, FLOW, FTM, OP, IMX, RUNE, which will be available for staking at a favorable interest rate.

Update # 3. Affiliate program.

Finally, we will launch a referral program, through which everyone can invite their friends and receive a portion of the placement amount and profits from stacking crypto-assets.

Update # 4. Listing request form.

Any project with tokens placed on any blockchain network will be able to apply for a free project token listing on the XBANKING platform. If the project meets the minimum requirements, its tokens will be listed within 24 hours.

That’s all for now!

Join in, all our links: https://hipolink.me/xbanking

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XBANKING
XBANKING

Written by XBANKING

One-stop access to Staking, Restaking and Liquid Pools. XBANKING is the leading decentralized DeFi protocol for staking, restaking and liquid pools.

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