What is XENBLOCKS?
XENBLOCKS is a project built on the principles established by XEN Crypto, aiming to further the goals of decentralization and self-managed assets. Here’s why Fundera might hold XENBLOCKS in its treasury:
Why Does Fundera Hold XENBLOCKS in Its Treasury?
Innovative Tokenomics:
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Unique Minting and Consensus: XENBLOCKS introduces a hybrid consensus model combining Proof of Work (PoW) with Proof of Stake (PoS). This model allows for token minting through a process where users can run light nodes via an in-browser interface to verify XENBLOCKS hashes. This democratizes participation, enabling anyone to contribute to the network’s security and mint tokens, paying only for the Ethereum gas involved in the process. Fundera can use this mechanism to economically increase its holdings.
Growth Potential:
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No Premint and Community Trust: Like XEN, XENBLOCKS does not have a premint, fostering a sense of fairness and community trust. This approach could lead to widespread adoption as more users feel incentivized to participate. The potential for value appreciation from this growing community and the unique features of XENBLOCKS could be a strategic investment for Fundera.
Staking and Yield:
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Staking Opportunities: XENBLOCKS supports staking, where holders can earn X1 tokens. Although the APY might decrease over time (potentially every 90 days, akin to XEN), the initial yield could be attractive. This provides Fundera with an avenue for passive income, contributing to its treasury’s growth.
Portfolio Diversification:
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New Mechanisms: By holding XENBLOCKS, Fundera diversifies its crypto assets with exposure to a blockchain that innovates in terms of consensus and token distribution. This not only spreads risk but also positions Fundera at the forefront of emerging trends in blockchain technology.
Inflation vs. Deflation:
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Controlled Supply Dynamics: XENBLOCKS might start with high inflation due to the ease of minting, but mechanisms like halving rewards or increasing difficulty could be implemented to curb inflation over time, potentially leading to deflationary pressures. This strategic aspect is crucial for Fundera, as it could lead to an increase in token value as demand outpaces supply.
Conclusion:
Conclusion: Holding XENBLOCKS in its treasury could be a strategic move for Fundera. It not only aligns with the ethos of promoting decentralized finance but also offers potential for value growth, additional income through staking, and a diversified investment approach in the rapidly evolving crypto landscape.
