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Tuesday, July 5, 2022

Booster Partnership: XDEFI Wallet — The Fastest Wallet in DeFi

This post was originally published on polkamon

A multi-chain web browser extension built for DeFi users and NFT lovers alike.

Over the past few years, the crypto space has become increasingly complex. By now it’s clear that we are entering the future of the multi-blockchain crypto space, where new blockchains emerge every now and then, bringing more complexity for the average user when it comes to trading and storing tokens.

When choosing our partners, we want the projects to add value for our community and bring features that can have a significant impact. Today, we are incredibly excited to bring you our new Booster Partnership with XDEFI Wallet — the multi-chain wallet built to satisfy all of your DeFi and NFT needs.

Introducing XDEFI Wallet

XDEFI Wallet is a web browser extension currently available on Chrome and Brave (with Firefox in the works) built for storing, swapping, and sending cryptocurrencies, accessing decentralized finance products and managing non-fungible tokens. It is the world’s only wallet with native integrations of THORChain, Ethereum, Binance Smart Chain, Polygon, Litecoin, Bitcoin, Terra and Bitcoin Cash, with plans to soon include the likes of Avalanche, Cosmos, Fantom, Near, Polkadot, and Solana as well.

XDEFI Wallet further serves to help users manage their NFTs, allowing holders the ability to preview and manage their collections in a customizable grid thanks to a feature called “automatic NFT detection”. Better yet, the wallet will make it possible to send and sell NFTs directly from its interface in the near future!

NFTs displayed in the XDEFI wallet

One of the most exciting components XDEFI Wallet offers is APE mode. APE mode saves traders from having to guess and manage gas prices when needing to make a transaction as quickly as possible. This can become astonishingly effective for FCFS (first come, first serve) buying events — such as IDOs — as having APE mode enabled gives the user a 99% chance to have their transaction included in the next block without overspending on gas in the process.

APE mode

To further enhance the security of your funds, XDEFI provides options such as Autolock, making it impossible for your wallet to connect to dApps while locked, and Require Password for Transactions for additional security and peace of mind. All of this functionality (and more) is controlled by a single, convenient, hardware-compatible in-browser wallet, which really makes XDEFI Wallet a serious contender in today’s crypto landscape.

If you’d like to learn how to create an XDEFI wallet, click here.

If you’re interested in how you can migrate your Metamask wallet to XDEFI, click here instead.

The $XDEFI Token

XDEFI Wallet has an accompanying token called $XDEFI. This token, launched on November 15th, comes with four main utilities: staking, governance, building, and Play To (L)earn. Staking $XDEFI entitles users to discounts on the trading fees of the wallet’s “swap” functionality and generates a portion of these same fees as rewards. Part of the trading fees will also be allocated into a community treasury, which is to be governed over by $XDEFI stakers as well.

With the concept of Play to (L)earn, users will be incentivized to learn about DeFi and discover the necessary tools to utilize these applications to their fullest. In addition, the $XDEFI token will be leveraged to create an educational framework around DeFi and NFTs to help improve knowledge about web3 and encourage wider adoption. Finally, $XDEFI tokens will be used to fund strategic projects focusing on growing the DeFi and NFT ecosystems surrounding XDEFI Wallet.

To learn more about the $XDEFI token and its metrics, click here.

A Special-Edition XDEFI Unioctopus

On November 22nd (4:00 PM UTC), our Polymon family will grow once again thanks to our newest addition, the XDEFI Unioctopus. This special-edition Polymon will become a permanent drop, expanding our Polychain Monsters collection and bringing additional variety and excitement to our community while opening booster packs. The XDEFI Unicotopus will come with all ten horn variations and a 1% chance of glitter.

Unleashed from the depths of the DeFi ocean, the XDEFI Unioctopus seamlessly moves between chains in search of treasure, which he fiercely guards from outside dangers.

As has become customary, the lucky holders of this fierce Polymon will gain special benefits. The first five XDEFI Unioctopus discovered will reward their finders a 200 $XDEFI token airdrop, and all XDEFI Unicotopus holders will be granted special utilities within the XDEFI Ecosystem itself.

Booster Partnership Events

We designed our Booster Partnerships to reward our community members with chances to win all-new special edition Polymon, while having an opportunity to discover the latest projects in the crypto space at the same time. This upcoming week will feature a variety of events surrounding XDEFI Wallet, including the following:

Twitter Giveaway

Preceding its official booster pack release, we will host a special Twitter giveaway on November 22nd (3:00 PM UTC). Make sure you follow our Twitter account so you don’t miss this first chance to snag one of two XDEFI Unioctopus!

AMA & Quiz

After kicking things off with our Twitter giveaway, we will hold an AMA (Ask Me Anything) session on the official Polychain Monsters Telegram on November 23rd (2:00 PM UTC). The XDEFI Wallet team will come to join us live for an hour, giving our community the opportunity to ask questions and learn more about their amazing browser extension wallet.

Follow along closely as we will arrange a short quiz about what was discussed at the end of the AMA. The first person to correctly answer a question will score a point, and the person with the most points will win another special edition XDEFI Unioctopus!

NFT Creation Contest

Then, on November 23rd (4:00 PM UTC), we will begin hosting an NFT Creation contest on Twitter. To be eligible to participate, you will need to create art representing our partnership with XDEFI Wallet, and mint it as an NFT on a secondary marketplace of your choice. In order to shake things up, the winners of this contest will be judged solely on how “funny” their submission is, instead of pure artistic talent. We hope this encourages more of our community members to participate this time around as who will win is truly anyone’s game!

All participants need to submit their artwork before November 28th (4:00 PM UTC) through the submission form and on Twitter while tagging and following @polychainmon and @xdefi_wallet. After a careful selection process, we will announce five winners on November 29th. As always, we are stoked to see your amazing artwork!

With that being said, we hope you are looking forward to this week’s XDEFI Wallet events as much as we are, and remember to stay tuned to our official channels for all the latest Polychain Monsters information.

Please be aware that five XDEFI Unioctopus will also be given to the XDEFI Wallet team for their NFT gallery.

Currently, we are working on the proper integration of the XDEFI wallet into our website. Stay tuned for more information!

About XDEFI Wallet

XDEFI is the world’s fastest DeFi & NFT wallet. XDEFI Wallet users can use “Ape Mode”, an enhanced functionality that helps ensure transactions are processed in the next block, across Terra, THORchain, Ethereum and EVM blockchains. The wallet also displays NFTs from 9+ chains in a single drag-and-drop grid. XDEFI Wallet’s team of around 30 is based around the world and backed by some of the leading names in DeFi and NFTs.

More About XDEFI Wallet


About Polychain Monsters

Polychain Monsters are beautifully animated cross-chain NFTs with varying scarcity, waiting for you to be discovered in digital booster packs. These NFTs will play an integral part in upcoming off- and on-chain games. In addition, Polychain Monsters offers DeFi features such as Staking, Farming and a unique approach to NFT Staking.

More about Polychain Monsters

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