General FAQs
Last updated
Last updated
Xave’s AMM infrastructure is purpose-built to support FX swaps, and uses a proprietary bonding curve we call the . This curve is optimized to mimic real-world FX markets, while setting programmatic thresholds that allow stablecoin pool ratios to snap back to ideal FX ranges to maintain pool health. You can read more about this .
Xave’s FXPools uses Chainlink price feeds for each of the supported currencies.
Xave works with issuers that offer fiat-backed stablecoins denominated in a variety of the world’s currencies. Our focus is on supporting the growth of non-USD stablecoins, and we add new currencies on a regular basis.
The XAV token is built to a similar standard as Balancer’s BAL token, and is a key part of governance for setting FXPool parameters. Please review for a better understanding of how the process of locking XAV to mint veXAV works.