XCarnival Weekly Update 11/04/2022

3 min readApr 11, 2022


XCarnival held 2 airdrop /2 AMA campaigns this week, which aroused good feedback. Everyone made effective suggestions for XCarnival. At the same time, XCarnival also made more upgrades in technology and products, and made more progress in BD and market.

So, here we go 🚀🚀🚀

1⃣️ Market Recap by 02/04/2022

  1. Circulating Supply: 50,331,385XCV
  2. Number of XCV address: 13,211
  3. Media platform followers: 122.82K

2⃣️ Technical Progress

  1. Joint debugging of front-end and contract, development of back-end interface, joint debugging and testing of contract liquidity incentive section, and improvement of clearing logic.
  2. Official website and app single-page prototype, adjust the form of liquidity incentives.
  3. Determine the interest rate model parameters.

3⃣️ Operational Progress

  1. Total number of pledged Mystery Boxes: 16,442
  2. Mystery box now uses the most updated APY data

3. Number of XCV addresses held by wallets: 13,211

4⃣️ Campaign / Cooperation Progress

  1. Joined in Waterdrip Capital AMA and discussed the liquidity of NFTs and we distributed 10,000 $XCV for luacky winners🎉

2. What’s the hottest topic of last week? I think absolutely #2022bitcoin conference in Miami. And you know? XCarnival also showed his brand in Miami with other partners together! We think it will open a new gate for more people to know XCarnival widely.

3. We opened the last staking event before cross-chaining to Ethereum!!🎉

4. Congrats🎉 we added a new partner @Encentive_io and we will provide the protocol with an exclusive Decentralized Exchange, full technical support, and operational and maintenance services to each’s ecosystem.

5. AMA with ecosystem partner to discuss NFT future.

6. AMA with Chinese community to discuss NFT +DEFI .

About XCarnival

XCarnival is a lending aggregator that provides easy-to-use financial products. Users can put their NFTs on XBroker as a pledge to borrow money from other lenders. Additionally, users can simultaneously borrow money from Megabox with their altcoins, such as Pancake, Dodo, and many more. XCarnival believes that “everything is collateral”, and works towards unlocking more liquidity for the metaverse space through its innovative practices.

To learn more about XCarnival, visit xcarnival.fi,follow @XCarnival_Lab on Twitter. To understand the full vision of the XCarnival, read the XCarnival litepaper.

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