Why is Glitter bridging between Algorand and Solana?
Bridging these two blockchains allow us to offer traders the ability to work with two of the most powerful DeFi ecosystems.
What is the function of the $XGLI token within the Glitter ecosystem?
XGLI is in itself a bridging mechanism as it is native to all blockchain Glitter integrates. XGLI is used as an incentive token, which allows traders to farm and stake at the same time on all supported blockchains. In the future, holders of the XGLI will gain exposure to swap and farming fees, within the Glitter ecosystem.
Why is the $XGLI token supply spread over two blockchains?
We conceived the XGLI as a blockchain agnostic token, which will prioritize flexibility and interoperability above all else. As such, the XGLI is native to all blockchains the Glitter Bridge supports.
Where can I find more information about the Glitter Bridge?
You can find information about the audits and penetration tests that the bridge underwent in the links provided under the AUDIT section found on bridge.glitterfinance.org
How do I transfer assets from one blockchain to another blockchain?
Currently, the CEXs that support the XGLI, Bibox and Bitrue, allow for an interchangeability of the XGLI between the two blockchains. However, we are currently developing our own platform swap, which will enable this function.
This disclaimer, along with the Terms and Conditions, constitutes a binding legal agreement, between yourself and Glitter Finance (Glitter Finance UAB, Glitter Finance OU).
Virtual Assets are extremely volatile which means that their value and applicable exchange rates may change dramatically in a very short time depending on various factors and forces. Furthermore, the composition of Virtual Assets supplied to certain Third-Party Services, whether through the App or otherwise, may change, their value may go up or down, or drop significantly. Glitter Finance shall not be responsible for or held liable in connection with any damages or losses that you may incur as a result of or in connection with the change in the composition, value or price of your Virtual Assets.
$XGLI is not available for traders/users of the United States of America, for a citizen of any country that is on the sanctioned list, and for a citizen of any country where crypto tokens are currently prohibited. Usage (buying/trading/holding) of the XGLI by any individual from the above-mentioned countries constitutes a breach of contract and a violation of the Glitter Finance Terms and Conditions. Further information is available here.