Cross finance (Testnet)

Cross Finance is a next-generation digital ecosystem of cutting-edge payment solutions, bridging the worlds of banking and blockchain. CrossFi seamlessly integrates these two pivotal segments of the global economy into a unified ecosystem, offering unparalleled scalability and processing speed of up to 1 million transactions per second through the core of the CrossFi Chain—a modular architecture based on Cosmos Tendermint.

Staking Guide & Instructions

Stake your MPX tokens in a few clicks by following these steps:

The easiest way to stake MPX is via Keplr Wallet.

• ‍Head over to https://test.xficonsole.com/validators
  
• ‍Click on ''Bond''.
• Find ''Matrixed.Link'' in the list.
• Enter the amount you want to delegate.
• Click on “Bond MPX”.
• Remember to keep some MPX available to pay for transaction fees.
• Click “Bond MPX” and then click “approve” to approve the transaction.

Useful info about staking

• CrossFi Chain operates on two native tokens, Mint Power (MPX) and CrossFi (XFI), essential for user interaction within the network. Additionally, the eMint Power (eMPX) token offers seamless compatibility within the EVM layer, enhancing user flexibility and engagement in the broader DeFi space.
• Mint Power (MPX):
  • Governs network operations and consensus.
  • Utilized for staking and mining XFI coins.
  • Acts as a fee payment tool for Cosmos-based services.
• CrossFi (XFI):
  • Grants access to CrossFi Chain’s products and services.
  • Accepted as a payment method within the CrossFi App.
  • Used for transaction fees across both Cosmos and EVM layers.

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