Xiglute Coin

1. Summary

Ranks

Liquidity

-

Developer

-

Social

30

Momentum (beta)

0

Stack Rank™

-

Price

$0.000001110000 0.0%

Market Cap

$0.00 (#10716)

Supply

/

Tags

Binance Smart Chain Ecosystem Ethereum Ecosystem BNB Chain Ecosystem

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Price
52W High price	$0.000001490500
52W High date	17th Apr 2023 (1 year ago)
All Time High (ATH) Date	18th Jan 2025 (1 month ago)
All Time Low (ATL) Date	18th Jan 2025 (1 month ago)

Supply & Trading Volume
Trading Volume (24h)	$2,759.00

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Description

Xiglute Coin (XGC) is a cryptocurrency that employs a unique protocol known as Static Rewards, LP Acquisition, and Automatically Burn. This protocol aims to address the common pitfalls associated with high APY farming rewards in the DeFi space.

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Xiglute Coin (XGC) is a cryptocurrency that employs a unique protocol known as Static Rewards, LP Acquisition, and Automatically Burn. This protocol aims to address the common pitfalls associated with high APY farming rewards in the DeFi space.

The Xiglute Coin Protocol works by implementing a 4% transaction fee, which is divided into two components. 2% of the fee is redistributed to existing holders of XGC, providing them with passive rewards. The remaining 2% is added to a liquidity pool and then burned, reducing the overall supply of the token.

The primary goal of this approach is to eliminate the issues caused by impermanent loss in LP farming, which often results in valuation bubbles followed by price collapses. By adopting static rewards, XGC seeks to provide a more sustainable and equitable rewards system for its holders.

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