FAQs
General FAQs:
What is Xloop Finance?
Xloop Finance is a borrowing protocol on Arbitrum harnessing yield looping in a novel dual-layer, three-token system powered by an over collateralized stablecoin.
How does Xloop work?
Xloop uses a novel architecture that splits a typical stablecoin into $IOU and $XDC tokens, and involves a governance token $XLOOP for minting and redemption. This novel dual-layer, three-token system ensures clear risk compartmentization of internal and external risks.
Is Xloop open source?
Yes, Xloop Finance is committed to open-source principles, and its codebase is available for review and contribution.
What is the purpose of the governance token in Xloop?
The governance token allows holders to participate in platform governance decisions and may play a role in minting and redeeming XDC stablecoins.
How can I participate in Xloop's governance?
To participate in governance, you can acquire governance tokens and vote on proposals or initiatives.
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