### What is xFUND?

xFUND is the on-chain governance and access token for the Unification Oracle of Oracles and other DeFi products. It plays a critical role in the ecosystem by enabling governance functionalities and providing access to Unification's suite of services.

### How does xFUND work?

xFUND operates on the Ethereum blockchain, utilizing smart contract technology. It is based on an extended ERC20 contract that includes functions for minting and claim tickets, used to generate and issue tokens. This decentralized model allows participants to engage in governance and access features of the Unification Oracle of Oracles and various DeFi products without the need for traditional staking or mining processes.

### What are the potential use cases for xFUND?

- **Governance and Access**: xFUND allows holders to participate in governance decisions like managing teams and grant proposals within the Unification network.
- **Decentralized Finance (DeFi)**: Utilised for applications in lending, borrowing, and liquidity mining, providing users with access to capital.
- **Oracle Services**: Employed by projects to access verified randomness and oracle functionalities, enhancing authenticity in applications like NFTs or gaming.
- **Staking**: Enables users to stake and participate in governance, thus influencing the decision-making process within the ecosystem.

### What is the history of xFUND?

xFUND was launched on January 27, 2021, as part of the Unification network to address on-chain governance and access issues. Over time, it has become a significant component in providing decentralized governance mechanisms and oracle services to projects like Shiba Inu within the DeFi landscape. The token has experienced notable price fluctuations and continues to partner with various projects to enhance its use in real-world applications.

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