XCarnival Weekly Update 12/03/2022

XCarnival
2 min readMar 12, 2022

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Hello, XCarnival 🦁️
A week goes by so fast. Let us remember this week what has transpired to know how far we’ve come🎉

1⃣️ Market Recap by 12/03/2022

  1. Circulating Supply: 50,331,385

2. Number of XCV address: 13,417

3. Twitter followers: 50.94K

2⃣️ Technical Progress:

  1. 100% complete cross-chain product documentation.
  2. The development of the single currency pool (BNB chain) has been completed, and the preliminary test has been completed, so it means the single currency pool will launch soon 🎉 let’s stay tuned!

3⃣️ Operational Progress:

  1. The fifth $XCV production cut has completed on 20:00 (UTC+8) 6 March. $XCV block’s outputs reduces from 4XCV/block to 2XCV/block.

2. Total number of pledged Mystery Boxes: 16,448

3. Mystery box now uses the most updated APY data

4. Number of XCV addresses held by wallets: 13,417

4⃣️ Cooperation Progress:

1.This week we’ve added a new partner Bitwell 🤝 . We are happy to onboard Bitwell as our strategic partner! We will build a more user-friendly Metaverse ecosystem together! XCarnival and BitWell Labs will work together to foster a deeper integration on NFT utility, infrastructure construction and marketing, aiming to jointly help promote the governance and development of the Metaverse ecosystem, stimulate the value of the Metaverse NFT, create a vibrant NFT market, and bring them to another level and better future. Apart from those, BitWell Labs and XCarnival will also cooperate in marketing, operation, investment, trading and the like.

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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XCarnival
XCarnival

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