Slowmist audit should be completed sometime this week which will open up doors to it being listed on top tier exchanges.
For those unaware: xUSD is the first private and decentralized stablecoin and can be minted by burning XHV: shinny app, working product, market cap under 20M, strong demand for its usecase and more "xAssets" like xGold or xBTC are coming. Haven is like Synthetix on Monero with Ampleforth-like tokenomics, powered by chainlink.
So xGold would be a coin that follows the price of gold? That would actually be very cool to have on exchanges.
How would price of XHV rise though?
Christopher Hughes
XHV is the entrypoint into the ecosystem. You must burn it to create xAssets. The price of XHV rises as more gets locked in xAssets, decreasing the supply of XHV. Of course, the token holders of XHV will likely hold XHV instead of minting in the short term because the demand to have access to a decentralized, private exchange is extremely high.
Ian Perry
What exchanges is haven shooting for rn?
Lucas Hughes
The slowmist audit has been requested by an exchange that can't be named at the moment by the team. Most likely huobi or Binance considering their close ties with slowmist.
Leo Parker
This week is gonna be huge. In 3 months XHV will got minimum 5x. It’s absolutely disrespectful for this token to only have a 20M market cap.