Vision
Last updated
Last updated
Crosswise was founded with the vision in mind to offer a state-of-the-art decentralized exchange that covers all needs of users investing into crypto currencies: stability, usability, security and vision.
Our aim is to offer a stable ecosystem for users that helps them to manage their portfolio of crypto currencies and incentivizes them to provide liquidity to farms and pools by issuing their own coin CRSS as a reward. The reward is split 50/50 into CRSS and XCRSS, whereas XCRSS is vested linearly into CRSS within the timeframe of 5 months with 20% of those XCRSS being unlocked every 30 days. This means that 50% of the total rewards are awarded directly in CRSS and the other 50% are awarded in XCRSS which is convertible into CRSS. For users that wish for an immediate redemption we offer an immediate claim function that burns 50% of the XCRSS received and leads to an immediate claim of 75% of the total profits earned. The XCRSS earned in this case can be directly converted into CRSS.
Find out more:
One of our main goals was to improve the usability compared to existing DEXs. Until now you usually needed external tools to check on the value of your Liquidity Pairs, impermanent loss of those, your total value locked in Farms and Pools. We don't only give you those statistics, crosswise even has a historical history of this data and can show you the development of your assets. It doesn't matter if its single coins or Liquidity Pairs. Everything is trackable. Another amazing feature are gasless transactions. You are able to create transactions on crosswise without paying any gas. Also, we are featuring a native auto-compound which with you can directly compound the earnings of your Farms to the same LP pair. Its not needed to manually convert the reward into the Liquity Pair. Our system does that with an optimized frequency to optimize your rewards with a small 5% performance fee taken. Explore more of our features under:
Security is a crucial topic for any DEX. We have seen many platforms fail due to minimal or non-existing security: Flash Loan attacks, DDOS attacks, Exploits due to unoptimised Redeem functions or crashing coins due to Pump & Dumps. We not only want to create a secure platform centered on our own coin CRSS, but also attract projects in moving their liquidity to us and let their users swap on crosswise. We have build-in Anti Whale / Anti Bot functions so that whales and bots can't influence the prices and create pump & dump scenarios. This is especially handy for launching new coins as only a max 0.5% of the total supply can be traded per day per wallet. We have integrated ourselves with Chainlink, the leading price oracle to battle against Flash Loan attacks. Any liquidity hosted on our platform is secured because of that. Furthermore our platform is getting audited by various companies. Read more here:
We are constantly working to ensure that crosswise covers upcoming trends and extends the ecosystem in any way possible. Therefore we are starting to offer our platform on Binance Smart Chain, however we are already working on extending it to Polygon. Our goal is to offer a highly satisfying experience on all Blockchains that has a huge traction between users. This should make crosswise accessible on any relevant Blockchain. Our focus also relies on funding and promoting new projects through our Launchpad to give upcoming, relevant crypto projects a platform to kickstart their project.