Welcome to XI.Finance
XI.Finance is a:
XI.Finance is a stablecoin restaking protocol, that issues USDi, a stablecoin that allows users to access yield from all blue-chip stablecoins. XI.Finance seeks to deliver superior risk-adjusted yield while increasing utility, unifying stablecoin liquidity and capital efficiency through deep integrations with leading DeFi protocols.
USDi is designed to be fully backed by blue-chip stablecoins. USDi can be permissionlessly minted only with blue-chip stablecoins, which form the USDi reserves and are used to generate yield in DeFi protocols.
Accumulated yield is passed back to users through an ERC-4626 staking mechanism. USDi can be staked to receive sUSDi, which accrues yield by appreciating in value as the protocol distributes yield into the staking contract.
Both USDi and sUSDi can be freely transferred, traded, swapped, and used in DeFi protocols that have integrated them.
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