xSigma Announces V2 Launch Date (ETH + BSC)

xSigma is pleased to announce that it has successfully finished auditing V2 of xSigma DeFi. The protocol will go live on Ethereum and Binance Smart Chain on November 30, 2021!

V2 of xSigma DeFi will come with several fundamental upgrades:

— Buy-back and burn. Fees from the stablecoin DEX are utilized to buy SIG tokens, which are then burned.

— Farming rewards timelock. This will enable time limits for withdrawing SIG.

— Reduced fees. BSC support will significantly reduce fees, and connect xSigma to the rapidly growing $20 billion ecosystem.

— Cross-chain SIG token mint synchronization. Allows us to preserve our tokenomics despite supporting multiple blockchains.

You can find the preliminary audit report, performed by Hashex, here. The final report will be issued after our code is deployed to the mainnet, and final tests are executed on the production environment (so the “Medium” issues could be check and resolved). This will happen in the coming days.

Updated guides for LPs will be published before the launch in our Resource Center. Don’t miss it, and join the waitlist on our website: xsigma.fi

About xSigma

xSigma DeFi is a stablecoin exchange and a liquidity mining platform backed by a public Nasdaq-listed company, launched by world-class developers from xSigma Labs. xSigma DeFi has processed over $1 billion of transactions so far.

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