Currently, cryptocurrency values fluctuate sharply, making investment risks high. The market is missing a cryptocurrency that has the stability of fiat money, a currency able to be used with fiat money business models that allows you to trade in any currency, at any time.XPA Assets is the perfect token for all participants because of its liquidity and transaction hedging features.
The value of XPA Assets are derived from XPA at a rate of no less than twice the value of XPA. With XPA Assets’ liquidity, XPA Assets will be able to be exchanged with fiat currency at a rate of about 1: 1. Though the real-time price of XPA Assets may vary, the average value will be stabilized. Users can also change their XPA Assets to other XPA Assets or other digital currencies at any time.
The biggest difference between XPA and USDT lies in the fact that XPA Assets’ value are protected by the XPA under mortgage, and in the future will be similar to bitUSD and provide liquidity at users’ request. The only value of USDT is in the validity of Tether’s claims that it has an equivalent amount of USD.
Although the current Ethereum network supports smart contracts, it has a limited load capacity. Furthermore, all operations need to consume Gas, which is unfriendly to a trading volume that involves a large number of operations. In order to provide the best service to all participants, the XPA team has begun development of its own main network.
The schedule is tentatively set at June 2018, but may change based on development progress. Just as networks like Ethereum are also constantly updating and iterating, users can use the XPA network before the main network has launched. After the switch to the main network is completed, we will reward early adopters with tokens.
Currently, XPA supports ETH and most ERC20 tokens. Functionality for other smart contract assets (such as NEO and QTNM) will be added when the main network opens in the future.
In the early stage, TideBit is currently providing liquidity support. In the future, XPA Assets will be supported by other platforms, and even docked with traditional assets such as stocks, bonds and precious metals.