General FAQ
Most Frequently Asked Questions
General
Q: I have a partnership idea or proposal. How should I get in touch?: Feel free to message our team directly on Telegram at @ortomich — we’d love to hear from you!
USDi Basics
Q: What backs USDi?: USDi is fully backed by either USDC or USDT. It can only be minted using these stablecoins, ensuring 100% collateralization. Every USDi in circulation is backed 1:1 with an equivalent amount of USDC or USDT held in XI.Finance’s reserves. These assets are then deployed in top-tier DeFi protocols like Uniswap and Ethena to earn yield.
Q: How do I get USDi?: You can purchase USDi directly through our application!
Earning & Staking USDi
Q: Where does the yield come from?: Yield is currently generated from USDC and USDT that are allocated to leading DeFi protocols.
Q: How do I earn yield?: Simply stake your USDi within our app. You’ll receive sUSDi in return, which automatically grows in value over time as yield is distributed by XI.Finance. When you decide to unstake, you’ll get back more USDi than you originally staked — your principal plus the earned yield.
Q: How do I collect my yield?: sUSDi accumulates yield through value appreciation. You don’t need to claim anything manually — just unstake your sUSDi when you’re ready, and you’ll receive the initial USDi amount along with the accrued yield.
Q: What is the cooldown period for unstaking sUSDi?: There are 2 option for unstaking: 1) Instant withdraw with a fee equivalent to a 7 day yield. 2) Withdraw with no fee and 7 day lock.
Q: How often are sUSDi rewards and APY calculated?: Rewards and APY are calculated daily.
Q: How often is yield distributed?: Yield is streamed in real time — every second.
Q: What do I receive when I withdraw?: When you unstake, you’ll receive your original USDi plus additional USDi that was accrued.
XIXp & Rewards
Q: What is XIXp?: XIXp (XI Experience Points) is the platform’s reward system that tracks users engagement and contributions to the protocol.
Q: How do I earn XIXp?: You can earn XIXp by participating in the XIXp farm available in our app. Points are awarded based on your activities as described in the app.
Q: When can I stop XIXp farming?: You can stop XIXp farming anytime by withdrawing your assets. However, the XIXp you’ve already earned remains.
Q: Is there a referral program?: Yes! You receive 15% of the XIXp and 5% of yield in USDi earned by anyone who signs up using your unique referral link.
APY & Yield Calculation
Q: What determines my actual APY?: Several factors influence APY, including:
The amount of USDi distributed to the staking vault → More distribution = higher APY.
The total amount of staked USDi → More staked USDi = lower APY (since yield is split among more users).
The duration of your staking period.
Q: How is APY calculated?: APY is determined by dividing the protocol’s USDi rewards by the daily average sUSDi market cap since the last distribution. This figure is then annualized with compounding.
APY is updated daily
Troubleshooting & Miscellaneous
Q: Why is my sUSDi balance lower than the USDi I deposited?: sUSDI accrues yield by increasing in value, not by increasing in quantity.
When you stake USDi, you receive an equivalent value in sUSDi.
Since sUSDi appreciates in value over time, the amount of sUSDi you receive will be less than the amount of USDi you staked.
When you unstake, you receive the original USDi plus yield, reflecting the growth of sUSDi.
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