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1/10
Some thoughts and explanations about @HavenXHV $XHV:
$XHV is the "ticket" to enter the @HavenXHV ecosystem in which you are/will be able to convert and store your wealth to/in any kind of $xAsset. ( $xUSD, $xGOLD, $xBTC etc. )
Some thoughts and explanations about @HavenXHV $XHV:
$XHV is the "ticket" to enter the @HavenXHV ecosystem in which you are/will be able to convert and store your wealth to/in any kind of $xAsset. ( $xUSD, $xGOLD, $xBTC etc. )
2/10
This conversion-process from $XHV to $xAsset happens completely on-chain through burning $XHV and minting an amount of the $xAsset of the same value as the burned $XHV at time of conversion.
Ofc this also works the other way around $xAsset -> $XHV, through the same principle
This conversion-process from $XHV to $xAsset happens completely on-chain through burning $XHV and minting an amount of the $xAsset of the same value as the burned $XHV at time of conversion.
Ofc this also works the other way around $xAsset -> $XHV, through the same principle
3/10
The fact that the conversion-process works like this means e.g.:
- No Slippage
- You don't need a buyer/seller of the $xAsset you want to "sell"/"buy"
- No trading-fees, only very low conversion-fees of the @HavenXHV Protocol
The fact that the conversion-process works like this means e.g.:
- No Slippage
- You don't need a buyer/seller of the $xAsset you want to "sell"/"buy"
- No trading-fees, only very low conversion-fees of the @HavenXHV Protocol
4/10
So, to enter or to exit the @HavenXHV ecosystem with all its xAssets one needs to "go through" $XHV. This means, that the liquidity of $XHV (on exchanges) and its accessibility is the key to make this awesome project work at scale.
So, to enter or to exit the @HavenXHV ecosystem with all its xAssets one needs to "go through" $XHV. This means, that the liquidity of $XHV (on exchanges) and its accessibility is the key to make this awesome project work at scale.
5/10
The @HavenXHV team did and is doing great work on improving the $XHV liquidity through new CEX ( @BittrexExchange, @kucoincom) and DEX ( @PolarityEx, @thorchain_org(pending)) listings.
And they are also working on adding new xAssets. (Gold, Silver, Euro and Chinese Yuan)
The @HavenXHV team did and is doing great work on improving the $XHV liquidity through new CEX ( @BittrexExchange, @kucoincom) and DEX ( @PolarityEx, @thorchain_org(pending)) listings.
And they are also working on adding new xAssets. (Gold, Silver, Euro and Chinese Yuan)
6/10
On top of all that, @HavenXHV works with @monero-grade privacy.
And in addition, xAssets could probably be added directly to CEXs and DEXs in the future.
On top of all that, @HavenXHV works with @monero-grade privacy.
And in addition, xAssets could probably be added directly to CEXs and DEXs in the future.
7/10
Theoretically, the whole economy (all tradable assets) could one day run inside the @HavenXHV ecosystem through thousands of different xAssets and $XHV as the "ticket" to enter or exit (if exit even needed at this point).
Theoretically, the whole economy (all tradable assets) could one day run inside the @HavenXHV ecosystem through thousands of different xAssets and $XHV as the "ticket" to enter or exit (if exit even needed at this point).
8/10
Currently there are xAssets with a combined value of USD 2.3M in the @HavenXHV ecosystem.
If @HavenXHV gets used more and more in the future, this number will increase dramatically.
This means a lot of $XHV will have to be burned to convert to xAssets.
Currently there are xAssets with a combined value of USD 2.3M in the @HavenXHV ecosystem.
If @HavenXHV gets used more and more in the future, this number will increase dramatically.
This means a lot of $XHV will have to be burned to convert to xAssets.
9/10
This would lead to a big decline in the circulating supply of $XHV and therefore lead to $XHV becoming more and more scarce.
This would lead to a big decline in the circulating supply of $XHV and therefore lead to $XHV becoming more and more scarce.
10/10
Regarding all these aspects and in a scenario as described, @HavenXHV could have the potential to become a multi-billion/trillion USD project.
The mcap. of $XHV is currently at USD 70M (72M w. xAssets) and the price of $XHV at USD 5.00...
DYOR, this is not financial advice.
Regarding all these aspects and in a scenario as described, @HavenXHV could have the potential to become a multi-billion/trillion USD project.
The mcap. of $XHV is currently at USD 70M (72M w. xAssets) and the price of $XHV at USD 5.00...
DYOR, this is not financial advice.
( @HavenXHV and xChads: If I got something wrong or missed something, please feel free to correct me or add further information anytime
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