- How to set up a LOBSTR app
- How to buy XLM
- How to swap XLM to XXA
- How to trade XXA
What is Stellar network Ixinium XXA?
Stellar network Ixinium XXA is a new generation hybrid cryptocurrency, which is force majeure protected by physical precious metals backing. Worldwide accessibility on iOS, Android, macOS, Windows, and Linux systems within Stellar decentralized payment network and exchanges.
What is the Stellar network?
Stellar has no owner; if anything, it’s owned by the public. The software runs across a decentralized, open network and handles millions of transactions each day. Like Bitcoin and Ethereum, Stellar relies on blockchain to keep the network in sync, but the end-user experience is more like cash—Stellar is much faster, cheaper, and more energy-efficient than typical blockchain-based systems.
More about the Stellar network: https://www.stellar.org/learn/intro-to-stellar
Where to buy Ixinium XXA?
You can buy Stellar XXA from the Stellar decentralized wallets and exchanges.
Which Stellar exchanges have Ixinium XXA available?
For example, in these decentralized exchanges:
- Which Stellar wallets have Ixinium XXA available?
What makes Ixinium XXA unique?
What makes Ixinium XXA so unique is the structure behind the token itself. Its value base is built with physical precious metals, which act as Force Majeure protection. The precious metals purchasing program started in 2020 and is ongoing, adding the base value for the Ixinium XXA token. The goal is to build a precious metal-based collateral value base greater than the market value of the XXA token. Each purchase USD value is tokenized to the Stellar blockchain using the Ixinium Asset Token (IXAT). These purchase reports are available on the official Ixinium website. https://ixinium.io/
Payments can be processed within 2-5 seconds, and the network’s fees are infinitesimally small – a single 600,000th of a cent per transaction.
What is the XXA buyback function?
Buyback is fully automated, using a market buy order to buy a certain amount of XXA from the lowest market sell order position available. There’s no locked-price for buy order function. Whatever the XXA/XLM current lowest market sell order is, automation uses that XXA/XLM pair price to buyback order.
What is the XXA autostaking function?
XXA autostaking is a fully automated interest-paying / reward system where XXA holders don’t need separately to claim their rewards. To have XXA’s on your address on the Stellar network is enough! Comparing the other token or cryptocurrency staking methods, Ixinium XXA autostaking is on its level. There are no lockup times, no asset transfers to segregated staking pools or accounts, and no extra fees taken from the users. Currently, the yearly interest rate is 12.35%.
Where is the autostaking interest coming from?
A core interest is 8% per annum, added the US and the European current median inflation rate of 4.35% per annum. More amount the inflation rate information on the Trading Economics website:
What is XXA burning, and why do you burn XXA?
The purpose of the XXA burning is to lower down the maximum Ixinium XXA token supply and increase the physical precious metals packing per one Stellar network Ixinium XXA.
The total amount of the Ixinium XXA what the company will burn is 270,000,000 XXA. The total USD value of the burning process will be +$60,000,000 at the current Ixinium XXA USD rate 1 XXA = $0.2233. This burning process starts in Q4/2021 and lasts until the end of 2022. Ixinium XXA burning includes several transactions, where XXA’s will be transferred to the issuer account, Stellar address: GC4HS4CQCZULIOTGLLPGRAAMSBDLFRR6Y7HCUQG66LNQDISXKIXXADIM.
The current Ixinium XXA supply is 539,857,392 XXA. As the issuer account is locked, any more XXA can not be mint. The total supply after the Ixinium XXA burning process will be less than 270,000,000 XXA.
All the Ixinium XXA burns will have a public report with the blockchain transaction verification.
What is Stellar DeFi?
Decentralised finance, or DeFi for short, is a system in which customers can access financial products directly on a decentralised blockchain network, without the need for middlemen such as banks and brokerages. Stellar has featured a built-in decentralized exchange, or SDEX for short.
IXINIUM® brand is trademarked on the European Union to protect the heart and soul of the Ixinium business model. A European Union trademark is valid in all European Union Member States.
Financial lisenced under the EU legistlation
Estonian Financial Intelligence Unit (FIU) is an independent goverment agency. The Financial Intelligence Unit analyses and verifies information about suspicions of money laundering or terrorist financing, takes measures for preservation of property where necessary and immediately forwards materials to the competent authorities upon detection of elements of a criminal offence.
Member of the Crypto Valley Association CVA
The Crypto Valley Association is an independent, government-supported association established to take full advantage of Switzerland’s strengths to build the world’s leading blockchain and cryptographic technologies ecosystem.
Backed by physical precious metals
The Ixinium Foundation was established to hold and protect the physical precious metals as assets against the Force Majeure for the Ixinium XXA. The Foundation is operative under The Seychelles Foundations Act, Reg.No 000882.
Instant cross-border transfers in 2–5 seconds
Stellar Blockchain is a distributed ledger technology capable of solving the numerous challenges of traditional cross-border payments. As soon as a transaction is recorded, the receiving party has direct access to the payment—no middlemen, no transaction verification delays, no unnecessary (miners) fees, and end-to-end visibility anywhere in the world.
Faster than Swift, BCT and ETH Networks
• Bitcoin Average Cost Per Transaction is at a current level of +$200.00 and takes a minimum of 10 minutes.
• Ethereum Average Gas Price is at a current level of +$85.00 and takes a minimum of 10 seconds.
• Binance Smart Chain Average Gas Price is at a current level of $6.00 and takes a minimum of three seconds.
• In the Stellar network, you can do over 1,500,000 transactions on a cost of one Binance Smart Chain transaction cost with the speed of 2-5 seconds per transaction. In other words, it’s very, very inexpensive.
How do precious metals work as part of XXA?
The Ixinium Foundation has a precious metal reserve accumulated as a guarantee of cryptocurrency, which is sold in the event of force majeure and the amount of USD generated by the sale will be distributed among all Stellar XXA owners.
- How to earn interest from Ixinium XXA liquidity pools by using LOBSTR app.