We’ve launched Xar as an innovation sandbox for cutting-edge DeFi (Decentralized Finance) product offerings. Built in collaboration with the Fantom Foundation on Fantom’s consensus protocols (Lachesis and TxFlow), the network delivers fast responsiveness and high transactional throughput. This base layer of the stack is all built on XAR Network’s bespoke chain to ensure financial institutions have the functionality to provide compliant issuance and wallet controls. As a result, Xar achieves unparalleled processing-efficient performance (offering full transacting finality in approximately 1 second), data bloat is reduced, security in a public ledger is increased, and superior smart contracting features can be implemented.
If you would like to participate in Xar as a validator, or setup your own custom chain, we recommend you start at our GitHub page on https://xar-network.github.io/xar-network/.
We’ve published the open-source libraries for you to download and setup your own node to join Xar (just ensure that you have the minimum required CSDT staking tokens to run a node), and within these we’ve also included the necessary files to configure your node with a newly generated genesis block if you want to start your own custom chain.
We look forward to see what you come up with!
Those of you that want to help Xar through staking on existing validator nodes will be able to collateralise your BTC, ETH, BNB and FTM tokens to issue CSDTs (Collateralised Staking Debt Token). This is what Xar nodes stake with and earn staking rewards on. Once the staking portal is live, you will be able to issue the staking command on your CSDTs, and start earning your share of staking rewards. For more information on how Xar’s Staking model works, and why we use CSDTs to stake, visit our Staking Explained blog on https://www.blog.xar.network/xar-network-staking-explained.
Developers that want to build innovative DeFi applications that run on XAR Network’s blockchain technology can take advantage of the DeFi module functions that have been built into the nodes to create your own new and exciting products. The most notable functions are:
For more detail on how you can develop with XAR Network’s blockchain technology, download the technical overview from https://xar.network/docs/xar-defi-chain-modules.pdf.
XAR Network’s blockchain technology is open-sourced and available for anyone to use – whether you just want to deploy an application on top of the public chain, or use the chain technology to launch your own custom chain.
For commercial support and access to the proprietary products we develop, please reach out to XAR Network Enterprise directly on email@example.com. If you aren’t sure whether you need to be working on the Xar public chain or a custom chain, you can download our handy guide to chain authority configurations from https://xar.network/docs/xar-chain-authority-options.pdf.
Some examples of commercial financial applications that can be deployed using the technology are:
XAR Network Enterprise specialises in developing the above on customised chains for Central and Commercial Banks that want to explore regulatory compliant blockchain products and applications. If you would like assistance on any of these, please reach out to us on firstname.lastname@example.org for more information.
For more information on Fantom visit https://fantom.foundation. Fantom is a distributed ledger technology stack. At its foundation, it is a DAG-based distributed ledger incorporating new methods of scalability, combined with a high-performance virtual machine and safe, secure smart contract execution.
To begin building your own blockchains using Fantom’s technology, head over to Fantom’s website https://fantom.foundation/developers/ where you can find all their developer resources.