Dear XTers,
We are honored to announce that TAI(Tai Stablecoin) will be listed on XT.COM. TAI/USDT trading pair will be opened in Main Zone.
Please take note of the following go-live schedule:
- Deposit: 03: 00 on April 3, 2022 (UTC)
Trading: 07: 00 on April 3, 2022 (UTC)
Withdrawal: 07: 00 on April 4, 2022 (UTC)
[Token TAI]
＜TAI（Token）＞
Standard ：ERC20
Currency name ：TakerDao Stable Coin
Symbol name ：TAI
Total supply ：dynamically supplied with celling line of 10,000,000,000
Value: Pegged to 1 USD
TAI is a stable coin dynamically issued from TakerDao project, which forks from MakerDao. TAI means stable in Chinese.
XT or ETH holders can open vaults on https://takerdao.xsc.org and deposit collaterals in the vaults to borrow TAI. And some amount of TAI is minted, and the total supply increases.
Vault holders can payback the TAI with additional stable fee to unlock the collaterals.
Once Vault holders payback the TAI, that amount of TAI will be burnt. Total supply will then decrease.
Price of TAI is pegged to 1 USD.
The celling line of borrowing is 10,000,000,000.
Website: https://takerdao.xsc.com
Blockchain Browser: https://explorer.xt.com/pc/address/0x775c4bc7317cfa20d8e0a89d752ce6a1f9506a9a
Risk warning:
- TAI is newly-listed token and its initial price may suffer huge fluctuations, causing partial or total losses. Before trading, please have a full understanding of all the risks in investing in digital assets and be prudent in your own decisions.
- All information displayed on XT.COM does not constitute investment advice. XT.COM does not take responsibility for any direct or indirect losses resulted. XT.COM does not assume responsibility for guarantees or compensation for depositing or locking positions.
Thank you for your support!
XT.COM Team
April 2, 2022
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XT.COM reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.