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XGLI FAQ

Disclaimer

This disclaimer, along with the Terms and Conditions, constitutes a binding legal agreement, between yourself and Rainbow Network FZCO.
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. Rainbow Network FZCO 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.
All digital assets (“tokens”) which are affiliated with Rainbow Network FZCO and our platform/brand Glitter Finance (glitterfinance.org) are intended for users who are located in countries that treat tokens as utilities. Users in any countries that treat digital assets as securities are strictly prohibited from participating. As we are a decentralized (“DeFi”) and permissionless platform, we are not responsible for any violations of local laws or regulations by users who participate in our platform or trade any tokens associated with our platform, in spite of our legal warnings, and who break the Terms and Conditions on glitterfinance.org. By using our website, you acknowledge and agree to comply with all applicable laws and regulations in your jurisdiction as well as our Terms and Conditions.
Bridging these two blockchains allow us to offer traders the ability to work with two of the most powerful DeFi ecosystems.
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.
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.
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
You can find more information via coinmarketcap.com, coingecko.com, Bitrue, Tinyman, HumbleSwap, and Cometa
All feedback can be sent to [email protected] or via our Telegram group.
Currently, the CEX that support the XGLI, 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.