GateLive AMA Recap-LandX Finance

What is LandX?

LandWalker (Co-Founder of LandX Finance):
LandX is a DeFi protocol that bridges the gap between agricultural financing and tokenized real-world assets.

LandX is a project that bridges the gap between agricultural financing and cryptocurrency investors. By linking these two sectors together, real-world farmers are able to get the financing they need in exchange for providing the crops they havest. These crops are then tokenized and made available to crypto native investors looking for real, sustainable yield.

Why LandX?

LandWalker (Co-Founder of LandX Finance):
LandX solves two critical problems.

First, we provide a channel for farmers to access financing. The lack of fair financing in the agricultural sector is a well-known and widely discussed problem in agricultural circles. Many farms in dozens of regions all over the world simply have no way to borrow because the required financial infrastructure is simply not present. In areas “lucky” enough to have access to financial institutions, the lending terms farmers receive are outrageous at best and exploitative in most cases. By connecting these loan-seeking farmers with crypto investors, we’re paving the way for a brighter, more sustainable future that directly combats global food crises.

Secondly, traditional investors have irrefutably demonstrated deep demand for agricultural commodities for decades due to their inflation-resistant, uncorrelated, diversified advantages. Trillions of dollars circulate through the agricultural sector every year, but until now digital investors have had no way to gain exposure to this market. LandX serves as a direct conduit from the traditional agricultural commodities asset class to cryptocurrency markets.

Deep dive into LNDX

LandWalker (Co-Founder of LandX Finance):
$LNDX is the native governance token of our protocol. It comes with three major utilities:

Governance - Users can stake $LNDX to receive veLNDX. This enables them to vote on governance protocols that control the future of the protocol.

Yield - $LNDX stakers receive 60% of protocol fees as yield.
Requirement to become an Originator - In order to become an originator (the compensated parties who are responsible for onboarding new real-world farmers), $LNDX must be staked. This heavily discourages any bad-acting on their behalf, since it would be highly financially disadvantages to engage in malicious conduct.

With a maximum supply of 80 million tokens, extensive locks and vesting terms for the team and early investors, we’ve deliberately designed $LNDX to appeal to long-term holders, not hype-driven speculators. We have no doubt LandX solves an absolutely pivotal problem in the industry landscape, and we’re building a community out of like-minded investors who know that sound fundamentals and an undeniable use-case are the most important parts of any project.

Maximum Supply: 80,000,000
Initial Circulating Supply: 5,400,000
Token Standard: ERC-20
Public Sale Price: $0.50 (No lock or vest)
Private Sale Price: $0.23 (3-month lock, 9 month vest)
Seed Sale Price: $0.18 (4-year lock, 4-year vest)

Deep Dive into xTokens

LandWalker (Co-Founder of LandX Finance):
The four xTokens (xWheat, xSoy, xRice, xCorn) represent the recurring payments farmers make to the LandX protocol after financing with us. Every xToken a user stakes yields 1 kilogram of its corresponding real-world commodity. xTokens connect investors with recurring yield that comes directly from actual farms.

There are three main reasons agricultural commodities are so highly sought-after:

The price of agricultural commodities doesn’t behave like other asset classes such as stocks and crypto. This strong lack of correlation coupled with ag-commodities’ steady price increase over decades make them a superlative choice for responsible investors looking to balance out some of that volatility crypto enthusiasts know and love.

We all know inflation makes money less effective. Periods of high inflation due currencies and severely damage buying power. In other words, simply holding cash idle is a sure way for it to lose value. Meanwhile, commodities maintain (and often increase) their value remarkably well during these periods.
MSNBC published an article in January that revealed over half of the top 10 product categories that rose in price the most were food items… e.g. agricultural commodities. There will always be demand for the crops farmers grow as long as humans eat food, so it’s pretty safe to say the demand horizon for this asset class is guaranteed.

What’s next and where can I find out more about LandX?

LandWalker (Co-Founder of LandX Finance):
Now that we’ve sold out our Private and Public $LNDX rounds, sold out our first xTokens Lot of xBasket tokens in less than 7 hours, listed on Ethereum DEXs and two major CEXs, we’re leveraging that momentum to cross even more objectives off our roadmap.

Moving forward, we remain guided by three core objectives:
Bringing tokenized farmland commodities exposure to all crypto-native investors.

Providing a secure, stable, and intuitive platform to access all services and products.

Positively impacting every farm we work with to encourage regenerative practices.

At the top of our priorities are ntegrating with more networks, enhancing security and transparency measures, and expanding our product offerings to include xUSD and xNFTs.