A Global DeFi Platform
for Credit Unions and
Cooperatives
Credit Unions, Cooperatives and their members anywhere in the world can now earn higher interests in stable currencies on their savings.
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Global community
Our Partners and Investors
In The News
Xend Finance Press Coverage
Xend Finance Features
Every tool you need to optimize your savings potential
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High Interest Rates
Up to 15% APY. Traditional interest rates offer 1 – 2% APY
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A Global Access
Unrestricted membership from around the world.
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Flexible Loans
Access to loans with flexible repayment and terms.
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Insurance
Decentralized insurance to protect assets and investments.
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Save in Stable Currencies
Fluctuating and devalued currency is a worry of the past.
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Earn Interest and Tokens
Your secure savings earn multiple levels of interest and benefits.
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Personal Savings
Our proprietary DeFi savings model allows you to save at your own pace, while maximizing interest rates and return.
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ESUSU Savings
Your savings and your friends’ savings double as investments and compounds interest.
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Cooperative Savings
Create secure cooperatives and choose from multiple savings plans and higher Annual Percentage Yields (APYs).
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Personal Savings
Our proprietary DeFi savings model allows you to save at your own pace, while maximizing interest rates and return.
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ESUSU Savings
Your savings and your friends’ savings double as investments and compounds interest.
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Cooperative Savings
Create secure cooperatives and choose from multiple savings plans and higher Annual Percentage Yields (APYs).
Maximize Your Savings Now
Secure and leverage your money through stable currency savings and up-to-15% Annual Percentage Yields (APYs).
Funds Staking
Your funds will automatically be locked in cryptocurrencies to consistently earn rewards – even while you sleep.
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Compound
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Maker
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Aave
More coming soon
Building with Binance Smart Chain
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Interoperability: cross-chain communication with all blockchains. -
Fast throughput: heterogeneous sharding, allowing speedier transactions.
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High Security: POS relay chain, maintaining the integrity of the network.
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Governance: on-chain governance ensuring transparency and decentralization.
2021 Roadmap
Q1
- Xend Finance Mainnet launch on Ethereum Blockchain. Ongoing
- Web and Mobile SDK for developers for easy integration into existing crypto and fiat wallets - Phase 1. Done
- More development on Binance Smart Chain Blockchain Development and Testnet Implementation. Done
- XEND TGE Done
- Partnership with Credit Unions and Cooperatives Done
Q2
- Staking program - Ascendex Done
- Mainnet launch on Binance Smart Chain Done
- Wallet Connect Integration to support Mobile Done
- Binance Chain Wallet, Trust Wallet, Safe Pal Wallet Support Done
- ForTube integration on Binance Smart Chain Done
- Partnership with Credit Unions and Cooperatives Ongoing
- Listing on more exchanges Ongoing
- Matic(Polygon) Ingeration Ongoing
- Web and Mobile SDK for developers for easy integration into existing crypto and fiat - wallets - Phase 2 Ongoing
- Vault development - Phase 1 Ongoing
- DeFi dollar integration on Ethereum Blockchain Ongoing
- Launch of decentralized Insurance
- PancakeSwap Farming
- SDK Launch to support Binance Smart Chain
- Xend Finance Liquidity Mining/Reward Program Launch
- Fiat to Crypto on-ramp and off-ramp integration for Asia and Africa Ongoing
Q3
- Support for multiple crypto assets.
- Partnership with credit unions.
- Fiat to Crypto on-ramp and off-ramp integration for Europe and North America.
- Governance: $XEND holders will be able to propose, vote and approve proposals.
- DaFi Protocol Integration
- Vault Development & Testing - Phase 2
- ForTube integration on Ethereum Blockchain
- Mobile application development for Android and iOS
- Purchase of Insurance with XEND tokens
- XEND token holders able to provide insurance cover to earn insurance premium
- dXEND for hyperinflation reduction
- Platform UI/UX Updates
Q4
- Support for multiple crypto assets
- Listing on more exchanges
- Partnership with Credit Unions
- Xend Finance browser wallet development
- Fiat-gateway integration into custom Xend Finance browser wallet.
- Revenue distribution to Governance participants
Strong Team
Xend Finance is built by a team of experienced entrepreneurs, engineers, and researchers with significant backgrounds in mathematics, finance, cryptography, and blockchain development working for some of Africa’s largest employers, including KPMG and Chevron.
Read more about our team
Strong Support from Investors
“Africa is one of the most important continents, representing the future and emergence of DeFi and blockchain capabilities. We are very excited about the mainnet launch of Xend Finance, with a team we backed early on that has a strong foothold in Africa and have been strong advocates for what Binance Smart Chain can accomplish. With their platform, they are able to bring stable currency and DeFi investment opportunities to those who normally wouldn’t have them.”
CZ - CEO OF Binance
Read more about our InvestorsFrequently Asked Questions (FAQs)
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What is DeFi
DeFi includes a range of decentralized financial instruments and mechanisms. These include stable coins, lending protocols, security tokens, derivatives, exchanges, and more. Many DeFi systems enable liquidity providers to earn interest on their collateral via a variety of different reward mechanisms.
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What is Staking
Staking cryptocurrency means you are holding cryptocurrency to verify transactions and support the network. In exchange for holding the crypto and strengthen the network, you will receive a reward. You can also call the reward an interest. With staking you can generate a passive income by holding coins. Besides that you receive a reward, you can earn extra when the coin increases in value.
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How can I save and stake at the same time?
Your savings are staked automatically on Other DeFi platforms using instruments that give the best returns. You don't have to do anything. It is automatically handled by the platform.
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How does Xend Finance benefit from being on Google Launchpad?
Xend Finance is Africa’s first DeFi project, allowing users to earn compound interest and high APYs on their savings. Being featured in the Google Launchpad Accelerator program is massive for a startup and being one of the few startups focused on DeFi and Credit Unions is just a huge opportunity. Not only does Google validate and back the core mission and values of the project, but it also gives our team access to Google’s core foundations — its people, network, and advanced technologies.
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How does Xend Finance utilize the funds that users deposit on the platform?
Xend Finance’s smart contract periodically invests user funds on leading DeFi lending protocols, such as Compound, AAVE, dYdX and Yearn Finance.
75% of the interest generated from DeFi lending networks is paid to the Credit Union’s overall savings deposited, and 50% of the interest generated from Compound is deposited to the Individual Saving Node (ISN).
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What benefits does Xend Finance’s native token $XEND provide to holders?
The native token of the Xend Finance ecosystem is the Xend Token ($XEND), which is used to reward users for saving, investing and performing different operations on the network.
$XEND tokens also generate interest for the users - the Xend Finance smart contract periodically invests user savings on DeFi lending protocols, which produces a second level of interest for the users.
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Why is Xend Finance building on the Binance Smart Chain?
Binance Smart Chain offers a powerful DeFi ecosystem and a reliable alternative to Ethereum. Since its launch in 2020, its meteoric rise and widespread adoption have only validated its capabilities of being robust, cheap, fast, and user-friendly — ideal platform features for DeFi and DApp development.
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