Wednesday, February 23, 2022

Xodus Finance - A DAO Structured Protocol Built on the Fantom Backed by Real World and Digital Assets

Xodus | Home

Description: Xodus Finance is a Decentralized Financial Protocol that aims to offer sustainable, yet attractive APYs while holding and staking assets. Our goal is to further legitimize digital currencies and platforms, enhance transparency, security, offer lucrative investment opportunities to all community members, and introduce innovative mechanisms to ensure our success. Achieving these goals requires a novel approach — real-world and digital asset procurement provides all of the benefits of traditional investments, and only a fraction of the risk. Xodus will acquire assets that include timepieces, art, gold, rare whiskeys as well as a basket of digital assets. Merging real world assets and digital currencies is lucrative, solves the APY dilemma so many protocols face, and provides all community members with equal opportunity to contribute to otherwise unattainable high-end investments.

Currently, extremes in APY have negatively impacted community members and resulted in market volatility, unsustainability, and enormous profit loss. Risk is a factor that many DAOs have tried to mitigate, and while some protocols have succeeded in certain aspects, others have yet to realize a viable solution. As with any investment, risk is a very real and unpredictable factor, however, the cryptocurrency world seems even more susceptible to extreme gains and equally extreme losses. Xodus is a problem-solving protocol that understands these risks and has assessed a variety of factors that contribute and increase these even further.


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