X7105 (X7105)

X7105 is a cryptocurrency that aims to provide a decentralized and leveraged trading experience through its Xchange platform. With the ability to swap, borrow, and lend, X7105 allows users to participate in the Ethereum ecosystem with 10-1000 times the initial liquidity. The founding team at X7 Finance believes that capital should be accessible to those with innovative ideas, and they rely on the reliability of code and distributed consensus to eliminate significant downside risk.

By utilizing their innovative Leveraged Initial Liquidity DEX, X7105 can provide substantial initial seed capital to visionary entrepreneurs, organizations, and businesses. Users can lend their cryptocurrency without fearing downside risk by holding X7Deposit tokens, which are exchangeable with Ethereum at a 1-to-1 ratio. The X7 protocol only allows the minting of new X7Deposit tokens when ON CHAIN reserves permit it. With a lending pool dashboard and the ability to trade with lower fees than other exchanges, X7105 offers a truly decentralized and censorship-resistant trading experience.

As X7105 develops, they plan to implement a democratic, decentralized governance system. Through a Voting Contract, which will be controlled by holders of X7DAO tokens and Magister NFTs, users can make and vote on proposals that determine fee rates, loan terms, funding terms, tax terms, distribution of capital flows, and other settings. This democratic approach ensures that users have a say in the future direction of X7105 and its ecosystem.