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      OffshiftXFT

      Token
      Rating: 3.3
      Certik
      2024/05/24
      3.3
      Certik
      2024/05/24
      2.9
      Cyberscope
      2024/05/22
      3.7
      Cyberscope
      2024/05/24
      3.3

      Our aggregate rating is simply the arithmetic average of the ratings from each source. It does not represent the opinion of CoinCarp and does not imply any guarantee on our part as to the merits or suitability of the project. Please use your own judgment when evaluating each token

      Offshift Price (XFT)

      $0.4403

      0.00000637 BTC

      8.03%

      Low:$0.4401
      High:$0.4726
      Market Cap

      $3,094,633

      45 BTC
      Fully Diluted Market Cap

      $4,403,000

      64 BTC
      Volume 24h

      $39,298

      0.5692 BTC
      Circulating Supply

      7,028,464 XFT

      70.28%
      Max Supply

      10,000,000 XFT

      Total Supply

      8,054,329 XFT

      Links:
      Website, Explorers, Whitepaper
      Tags:
      Polkadot Ecosystem
      Offshift's Logo Offshift XFT
      $0.4403

      Offshift (XFT) Chart

      ×

      Offshift (XFT) Return On Investment(ROI)

      0.61% 1 H
      -5.84% 24 H
      -24.13% 7 D
      -33.59% 1 Month
      -36.30% 6 Month
      39.48% 1 Year
      Details
      Mineable No
      Algorithm
      ProofType
      Issue Price --

      Offshift (XFT) Price Now

      Offshift price today is $0.4403 with a 24-hour trading volume of $39,298. XFT price is down -5.84% in the last 24 hours. It has a circulating supply of 7.03Mil XFT tokens and a max supply of 10Mil.
      In order to search for real-time and historical information about Offshift (XFT) blockchain, including data related to blocks, transactions, addresses, and more, you may use Offshift (XFT) block explorers. Here are some of the most popular and useful Offshift (XFT) blockchain explorers out there:

      What Is Offshift(XFT)?

      Offshift anon is a fully on-chain, non-custodial platform designed to provide protections for user privacy without compromising yield potential. On Offshift anon, users burn XFT to mint on-chain synthetics called anonAssets via a tokenomic process called Shifting. Shifting dissociates users from their XFT, and thereby renders users anonymous with respect to their freshly minted anonAssets. As standard, public ERC20 tokens, anonAssets introduce no novel barriers to feature implementation or platform integration in the Ethereum ecosystem, and therefore eliminate yield-related tradeoffs associated with privacy.

      XFT token has migrated from old contract to a new contract at a rate of 1:1.

      What Are the Features of Offshift(XFT)?

      • 1:1 COLLATERAL. Over-collateralization is not capital-efficient, and unnecessarily limits liquidity access for users. On Offshift, you get what you burn - dollar-for-dollar, sat-for-sat.
      • ELASTIC SUPPLY MODEL. The XFT supply self-balances to account for price fluctuations, relegating margin calls and liquidations to nuisances of the past.
      • ZERO SLIPPAGE. No order books, no liquidity concerns, zero slippage. It's that simple: Shift stress-free.

      How Does Offshift Work?

      • The Offshift Ecosystem supports an array of PriFi Applications that confer privacy, anonymity, and confidentiality – all on Ethereum Layer 1, all powered by XFT.
      • Offshift leverages Chainlink oracles to support private DeFi for a wide array of assets.
      • Convert public assets into private synthetics in a single transaction with XFT.  

      Offshift(XFT) Platform Tokenomics: Utility and Incentives

      A. Shifting with the Burn-and-Mint Mechanism

      To mint synthetics in the Offshift Ecosystem, users select and open a PriFi Application, and connect an ERC20 wallet. If a user possesses a positive XFT balance and sufficient ETH to cover gas fees, he/she may conduct a Shift and enter the Offshift Ecosystem’s private (anonymous and/or confidential) side via the Burn-and-Mint Mechanism.

      The Burn-and-Mint Mechanism burns the user’s XFT and mints one or more synthetics of equal value. At any point, a user may Shift back from his/her synthetics into XFT, and the process reverses: the Burn-and-Mint Mechanism burns the synthetics, and mints new XFT of equal value to the user’s designated ERC20 wallet address. Such a model enables users to mint, store, and exchange synthetics free from collateral requirements and the margin calls and liquidations that come with them, making for a cost-efficient and stress-free trading experience. It should be noted that although such a tokenomic model demands an elastic supply model for XFT, it does not imply or require any propensity toward long-term inflationary or deflationary monetary attributes.

      • B. Reward Incentives: Staking Rewards

      In addition to providing technical support and advisory, Offshift Core will support Offshift Ecosystem PriFi Applications with native staking features. Offshift Core has allocated 15% of the Genesis Total Supply (1,500,000 XFT) to its Staking Rewards Wallet

      Where Can You Buy Offshift(XFT)?

      Investing in Offshift can seem complicated, but it is much easier when you buy Offshift through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Offshift — both for fiat money and other cryptocurrencies. Some of the most popular Offshift cryptocurrency exchange are:

      Please check Offshift(XFT) token address If you want to buy or sell Offshift(XFT) on dex exchange. Beware of scams!
      Click here to view Offshift(XFT) price in different crypto exchanges.

      Offshift (XFT) Community

      What is Offshift (XFT) Contracts address?

      Offshift FAQ

      The current Offshift usd price is $0.4403. We update the Offshift USD price in real time. Get live prices of Offshift on different cryptocurrency exchanges around the world on Coincarp.

      It depends on your personal risk tolerance and investment goals. Offshift is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
      If you decide to get involved in Offshift investing, you will also need to understand the Offshift project's white paper, team background, tokenomics, and the overall market environment.
      The main ways to get involved in Offshift investing are by participating in Spot trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.

      You can buy Offshift from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Offshift. Cryptocurrency exchanges that currently support Offshift trading include:

      There may be errors in the crypto exchanges listed above. Please check the name, logo and contract address before trading to avoid losses.
      If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Offshift involves high risks.You should always do your own research and make sure you understand the risks associated with Offshift trading before you begin.

      According to CoinCarp's tracking data, no crypto exchange yet supports Offshift contracts or ETF trading. so you can't short Offshift

      It is impossible to predict what Offshift will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Offshift's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Offshift 5 years from now.

      Offshift's Logo
      Offshift XFT
      USD US Dollar

      XFT Price Statistics

      Offshift Price Today

      Offshift Price

      $0.4403

      Price Change24h

      $-0.027308 5.84%

      24h Low / 24h High

      $0.4401 / $0.4726

      Trading Volume 24h

      $39,298

      Volume/Market cap (24h)

      1.27%

      Market Dominance

      --

      Offshift Market Cap

      Market Cap

      $3,094,633

      Fully Diluted Market Cap

      $4,403,000

      Offshift Price History

      7d Low / 7d High

      $0.427 / $0.6169

      30d Low / 30d High

      $0.427 / $0.7391

      90d Low / 90d High

      $0.427 / $1.19

      52 Week Low / 52 Week High

      $0.1281 / $1.25

      All Time High

      $24.89

      All Time Low

      $0.1281

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