SINGAPORE, September 7, 2022 /PRNewswire/ — XT.COM listed CARAC (CARAC) in both the Innovation and DeFi zones and open Trading for the trading pair CARAC/USDT on 09/07/2022 07:00 (UTC).
- Users can start depositing CARAC in preparation for trading from 06/09/2022 07:00(UTC).
- Withdrawals for CARAC will open on 08/09/2022 07:00 (UTC).
Going forward, XT.com will continue to strengthen its battle-tested crypto listing strategies to allow everyone to dive deep and experience crypto. Deposit, trade and withdrawal options are available live and in color for both CARAC users and XT holders. Everyone is encouraged to indulge in the CARAC trade anytime, anywhere with no restrictions. As a promise, XT.COM will continue to welcome crypto listing projects and grow hand in hand.
Introducing CARAC, the working currency of CARAC
The CARAC token is a token for NFTs, points and DeFi purposes. It is also used to pay for various NFT commodities and DeFi yield farms via liquidity pools. The CARAC tokens can be converted to and from USDT on the platforms and also receive farming rewards from the pool in USDT. As the number of videos delivered continues to increase, so will the funds distributed to token holders on a daily basis. This gives the CARAC token a “perpetual payout”, which allows the token to maintain its monetary value. The sales proceeds received from the makers are also distributed to the LP token holders, which definitely adds additional value to the CARAC token.
A liquidity pool will be available on POcket Swap, a DEX built on the Ethereum blockchain. Users can provide liquidity there and farm rewards, just like Uniswap. Carac llc would then generate revenue by sharing CARAC token ownership as well as LP tokens, increasing token value and driving healthy revenue growth across various services.
About CARAC LLC
CARAC llc is a company based in Tokyo, Japan and its business model uses the CARAC token in its business model with 5 different revenue streams: NFT business, video distribution, DVD sales, video rental and its DeFi (DEX). Under these five categories, the video distribution business is currently being distributed by a major Japanese video distribution company, which ensures that the purchased content will be properly distributed in the next 5 to 10 years.
Website: https://www.carac-jp.llc/
Twitter: https://twitter.com/carac_llc
About XT.COM
By consistently expanding its ecosystem, XT.COM strives to provide users with the safest, most trusted, and hassle-free digital asset trading services. Our exchange is based on a desire to give everyone access to digital assets, no matter where you are.
Founded in 2018, XT.COM today serves 6+ million registered users, 500,000+ monthly active users and 40+ million users in the ecosystem. Covering a variety of trading categories along with an aggregated NFT marketplace, our platform strives to accommodate its large user base by providing a safe, trusted and intuitive trading experience.
As the world’s first socially driven digital asset trading platform, XT.COM also supports transactions based on social networking platforms to make our crypto services more accessible to users around the world. In addition, to ensure optimal data integrity and security, at XT.COM we consider user safety to be our top priority.
Website: https://www.xt.com/
Telegram: https://t.me/XTsupport_EN
Twitter: https://twitter.com/XTexchange
SOURCE XT.com

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