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About X7101
X7101 is a decentralized finance (DeFi) coin that aims to provide capital to individuals and organizations with innovative ideas. Through their Leveraged Initial Liquidity DEX, X7101 can offer significant initial seed capital to visionary entrepreneurs. By leveraging the Ethereum ecosystem, anyone can participate in Xchange, where they can easily swap, borrow, and lend assets. The platform also enables users to put their Ethereum to work by earning a share of loan proceeds through the X7Deposit tokens.
The X7101 protocol operates on a truly decentralized and censorship-resistant exchange, offering all the trading functionality and utility expected in a DEX. With a simple and mobile-optimized swapping process, users can enjoy lower fees than other exchanges. X7101 is working towards implementing Democratic Decentralized Governance, where holders of X7DAO tokens and Magister NFTs can make and vote on proposals. This system allows for control over fee rates, loan terms, funding terms, tax terms, distribution of capital flows, and other significant settings.
With a commitment to providing capital to those with great ideas, X7101 believes in the power of code and distributed consensus to eliminate significant downside risks. Their whitepaper outlines the X7 ecosystem, which aims to bring together investors and borrowers in a mutually beneficial manner. By leveraging the Ethereum ecosystem and innovative technologies, X7101 aims to revolutionize decentralized finance and empower individuals and organizations to pursue their visions without traditional barriers to entry.
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