DEX Spot IDO is Launching on Xion Finance

DEX Spot IDO is Launching on Xion Finance on 3rd Mar, 2022!

Xion is excited to be hosting the one and only DEX Spot IDO. Dx Spot is an application based crypto trading bot platform that can place trades 24/7 on crypto exchanges.

Dx Spot is also a simple and intuitive application where anyone can get up and running in no time, no matter if you’re just getting started with crypto or an industry expert.

Additionally, by holding the $DXS token, you’ll get access to a host of utilities throughout the Dx Spot ecosystem such as; the ability to stake $DXS as a long-term investment.

Join the DEX Spot Community:

Website | Telegram | Twitter | Whitepaper

DEX Spot IDO Details on Xion Finance

Token: $DXS
Network: BSC; raise in BTC, ETH, LTC, XRP, DASH, BCH, XGT, USDT, xDAI
Total Supply: 280,000,000 DXS
Initial Market Cap: $140,000 / 70,000,000 DXS
Xion Finance Sale Date: 3rd Mar 2022, 10:00 am UTC

Xion Finance Allocation:
IDO Price: $0.0016 per DXS excl. tx/gas fees
Vesting: 25℅ at TGE; 25% Monthly
Token Listing Date: TBA
Distribution: Claimable on DEX Spot Website

How to participate with Xion Finance

Head to the Xion Finance marketplace to view the DEX Spot IDO here.

Xion Finance uses a Tier System to determine the amount of guaranteed allocation a participant is entitled to. These levels start from 250 XGT being staked in the IDO/INO staking pools and can go up to 58k XGT. The multiplier assigned to each tier calculates how much allocation is provided per a base allocation, which is set once your XGT stake is automatically locked 6 hours before the start of the sale/raise.

You can review and stake into the Tiers by clicking here.

Getting XGT

The Xion Finance homepage has ‘BUY XGT’ button’s that will take you to either the Honeyswap DEX on the Gnosis chain or PancakeSwap on BSC.

If you cannot find XGT V2 then manually use this contract address:
0xC25AF3123d2420054c8fcd144c21113aa2853F39

Staking XGT or LP to access the IDO

Once you’ve got some XGT in your wallet, then follow these steps to stake your $XGT:

  1. Go to the Xion Finance Website: https://xion.finance/farm_pool
  2. Open any of the following pools & Stake $XGT according to the $XGT tiers:
    — xDAI IDO/INO (ERC 20)
    — XGT IDO/INO (ERC 20)
    — BNB IDO/INO (BEP 20)
    — XGT IDO/INO (BEP 20)

IDO/INO Pools Page

3. 48 hours before the IDO sale starts, your $XGT stake will be automatically locked in any of the IDO pools mentioned above.

4. After your stake has been automatically locked, you can view “Your Tier” in the any of the pools mentioned above to see what allocation you have in the IDO.

5. Your $XGT stake will be locked for 5 days after the IDO sale start date.

YouTube Tutorials:

  1. Single Asset Stake XGT For IDOs/INOs
  2. Stake xDAI/XGT LP for IDOs/INOs

$1 Daily Subscription for a Boosted Allocation

Want a 35% boost on your guaranteed allocation!?

Simply subscribe to the $1 daily subscription at least 4 days prior to the DEX Spot IDO and you will get a 35% boosted allocation on your registered staking tier.

Learn more: https://xionwiki.gitbook.io/xion.finance/faq/ido-ino-booster-membership

Registering for the IDO

To participate in the sale, your $XGT stake in the IDO/INO pools will be automatically locked for 5 days from the start date of the DEX Spot IDO sale.

We are in the process of implementing a manual lock so that non-IDO participants will not be automatically locked, as well as longer term staking incentives.

Participating in the IDO

Once the DEX Spot IDO is Live, the guaranteed allocation round will last approximately six (6) hours, followed by an FCFS round which is only for XGT stakers and whitelisted wallets.

You need to complete these steps to participate:

  1. Head to https://xion.finance/shop
  2. Scroll down to DEX Spot & click ‘Buy Now’
  3. You will be redirected to complete your purchase
  4. Pay in XGT, ETH, BTC, LTC, BCH, xDAI, XRP, USDT or DASH

❗️ DO NOT SEND PEGGED TOKENS OR TOKENS FROM EXCHANGES, YOUR FUNDS WILL BE LOST ❗️

Whitelisting FCFS Round

Xion Finance will be doing a whitelist competition, where winners will be able to participate in the DEX Spot Whitelisting FCFS Round.

Follow the instructions on the Gleam campaign and earn points. The more points you earn the more chances you have to win access into the Whitelisting FCFS Round.

Gleam Campaign >> https://gleam.io/6k6bE/dex-spot-ido-whitelist-competition

Whitelist Round: 50 people with the highest score on the board will get access into the Whitelisting Round. The remaining 150 whitelist people will be randomly selected from the applicants.

All 200 whitelist applicants will be able to participate in DEX Spot IDO using BTC, ETH, LTC, BCH, DASH, XRP, xDAI, USDT or XGT.

The link for the public whitelist will be shared here once it is live, as well as on official channels >> https://docs.google.com/spreadsheets/d/1JOppJYNxjWNVBUDlN1hW1adE8PsI360g339137asvf4/edit?usp=sharing

Public Round

If there are still allocations left after the whitelisting FCFS round, then anyone can get into the remainder of the sale.

About Xion

By combining the irresistible perks of a Web3 environment, cross-chain capability, loyalty programs and cashback rewards, Xion readies itself to be the game-changer in the global e-commerce and finance industries. Essentially, Xion aims to be a Web3 Stripe facilitating crypto payments for thousands of merchants and their customers when they shop online and at almost zero costs.

Join us on Discord: https://discord.gg/Q633ztSpZN

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