Full-service investment company Genesis Block Ventures (GBV) announces an investment in XFai. Genesis Block Ventures would accelerate the development of the decentralized liquidity oracle platform.
XFai develops tools by graphing the DeFi space to build game-changing products to benefit all stakeholders in the DeFi space. Tackling the liquidity discrepancy between large-cap and small-cap crypto tokens, XFai utilizes autonomous liquidity management smart contracts to facilitate the market trading of tokens with low trade volumes and market caps.
XFai enables small-cap token holders to automatically maximize the profitability from periods of high variance when providing liquidity and therefore increase their position in those projects. This allows the 250 billion USD marketcap worth of small and mid-cap tokens to have a fairer seat within the DeFi ecosystem.
With a mission to build the future through blockchain technology, Genesis Block Ventures has invested in some of the most prominent blockchain startups, making sure that these projects achieve success through strategic partnerships and guidance. Over the years, GBV has added to its portfolio many renowned projects, including OMG Network, Tidal, Alpha, DAOSquare, to name a few.
Solving Liquidity Inefficiency on DEXs
XFai continues to impress us with their commitment to innovation and the niche market focus. XFai’s DEX Liquidity Oracle (DLO) is an uniquely innovative DeFi oracle. It leverages single-asset staking liquidity pools by dynamically providing liquidity to DEXs while synchronizing with current CEX liquidity.
By collaborating with other DeFi platforms, XFai’s innovative solution successfully directs liquidity to where and when it’s needed. Furthermore, XFai unlocks tremendous utility potential to reshape all aspects of the DeFi space.
“GBV is excited to have participated in the fundraising for XFai. The current standard x*y=k AMM structure is quite simplistic and leads to large slippage. XFai’s solution combines both CEX and DEX liquidity to provide a more accurate market and a better trading experience for users.” — Leslie, Co-Founder and Partner at Genesis Block Ventures.
Genesis Block Ventures has built a wide-reaching, vibrant blockchain ecosystem, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and decentralized finance (DeFi) projects.
Through the investment, Genesis Block Ventures is excited to participate in XFai’s journey to redefine the decentralized trading space!
XFai develops tooling for the DeFi space, graphing it to build game-changing products.
The XFai DEX Liquidity Oracle (DLO) is set to invite mid and small-cap tokens to start earning APY on their token holdings, while the XFai LGE is set to become industry-first in providing a more efficient, transparent, and fair way for everyone to get involved at an early stage.
About Genesis Block Ventures
Genesis Block Ventures (GBV) is a full-service investment company closely working with Genesis Block HK, Asia’s leading digital asset over-the-counter (OTC) trading center.
As a private investment company with a mission of building the future through blockchain technology, Genesis Block Ventures is an active participant in the DeFi revolution, and has grown a thriving network to form an effective ecosystem for all aspects of blockchain, crypto, and DeFi projects.