The Grant initiative for Distributors is Launched

On December 14, CrossFi Foundation launches the first stage for distributors — #1 Cross Finance Tech.

Have an audience that values your insights? Share the information about Cross Finance on social media like YouTube, Telegram, Twitter (X), Medium and get rewarded!

Detailed info and conditions are available on CrossFi Foundation:

🔹https://xfi.foundation/ambassador/distributor

You can apply to participate in this form.

All participants have access to a media kit to help navigate the Cross Finance ecosystem.

Make sure your distribution platform follows all the rules outlined on the site. If you have a community on other platforms, let us know.

If you have any questions, leave them here.

Good luck!

How to use XFI Console?

Let’s delve into the functionality and features of XFI Console:

1. Storing XFI and MPX
XFI Console can serve as a safe wallet for storing XFI and MPX. You can receive coins simply by providing your address or the QR code.

2. Sending coins in one click
XFI Console not only allows you to send coins to any recipient in a matter of seconds but also has a special function for simultaneous transfers. If you need to send several payments at once, check out the multisend function to save both time and transaction costs.

3. Earning rewards with staking
Staking MPX is a way to earn rewards in XFI by locking coins for a set period of time. Staking also helps to achieve true decentralization, as validators are using the coins to keep the blockchain functioning.

4. Enjoying full transparency
Apart from clearly visible fees that provide clarity, XFI Console also invites users to browse all information for each transaction. For example, you can check hash, block, and timestamp.

There is no need to provide email, phone number, or ID, to start using XFI Console. The registration takes a few clicks!

Keep your seed phrase in the safe place because it’s the only way to enter into your wallet.

For more detailed information on the Cross Finance ecosystem, please follow the webpage. Please check the full guide on XFI Console functionality.

Stay tuned to learn more about upcoming project updates.

CrossFi Foundation in global media

The CrossFi Foundation Ambassador program was officially launched on December 14. Find out more about terms, stages, and various programs' eligibility criteria:

Global:

🔹Cryptodaily.co
🔹Blockchainreporter

Vietnam:

🔹Goctienao.com

How to participate in CrossFi Foundation Ambassador program?

Join the community call with Cross Finance team and ask everything about about terms, stages, and various programs' eligibility criteria!

December 22, 13:30 UTC
CrossFi Discord server: https://discord.gg/ufNN37dm84?event=1186967492229337108

See you soon! ❤️

Cross Finance official news

On the internet, one might find information on Cross Finance being a member or cooperating with the Vietnam Blockchain Association (VBA). These statements have a speculative nature and are distributed by third parties that have nothing to do with the company.

Cross Finance is not a member of VBA. The company has no partnerships or any other contacts with VBA employees. The event attended by Fedor Bogorodsky in Vietnam was not official and was also attended by many other representatives from business and government, with VBA employees among them. It was a closed unofficial event with an agenda focused on other projects, not Cross Finance.

Cross Finance never calls for investment or token purchase. The company has no financial or marketing benefit from third-party information and is not selling tokens based on this information.

We strongly urge you to check information sources. All Cross Finance official announcements, partnership info, company news are placed only in the official company’s platforms and social media accounts listed below:

🔹Cross Finance Website: https://crossfi.org

🔹CrossFi Foundation website: https://xfi.foundation

🔹Explorer XFI and MPX: https://xfiscan.com

🔹XFI Console: xficonsole.com

🔹Official Telegram Channel: https://t.me/crossfichain

🔹Telegram chat: https://t.me/crossfiofficial/1

🔹Twitter: https://x.com/crossfichain

🔹Facebook: https://m.facebook.com/crossfiofficial

🔹Discord: https://discord.gg/crossfi

🔹Medium https://medium.com/@crossfichain

🔹LinkedIn https://www.linkedin.com/company/crossfichain/about/

🔹YouTube: https://www.youtube.com/channel/UCjRmS5kRmkH-qBTrAR73uLA

🔹TikTok: https://www.tiktok.com/@cross.finance?_t=8hZemMgjyZm&_r=1

MPX $ APR

We have updated XFI Scan and now the APR for MPX coin can be tracked in real time.

The most important indicator for staking is APR (Annual Percentage Rate). APR,% is calculated in $ equivalent.

Example:
You are staking 50,000 MPX ($1000)
XFI exchange rate - $1
$ APR = 20%

So in one year you will get 200 XFI ($200 = 20%)

MPX $ APR is dynamic and is directly related to the total amount of MPX in the stake and the current market value of the XFI.

The Beatland 2023 wrapped up

At the end of November, the final of the Beatland beatbox festival took place in Bali. Beatbox stars battled for a $50,000 prize pool!

Cross Finance is a General Partner of Beatland festival.

The final was attended by 0xHosomaki, DeFi Strategy Lead at Cross Finance. He introduced the Cross Finance ecosystem from the main stage of the festival.

Catch the vibe of Beatland watching the video!

Beatland is an international hybrid beatboxing battle. The project started in February 2023 due to the support of Cross Finance.