Xenophon is a decentralized reserve asset protocol built on DeFi 2.0 based on XPH currency. The goal is to establish a currency system that is not controlled by policies, which can be used to improve the stability of currency prices and optimize price consistency, as a result, XPH tokens become a universal accounting unit and a medium of exchange for the value of user assets.

Staking is one of Xenophon’s main value acquisition strategies. The purpose is to allow users to generate compound interest through staking. The profit or reward is the income from the sale of bonds. The income is different according to the amount of stake XPH in the Xenophon Protocol and the reward rate set by the currency.

The Bond is a way to sell XPH by adding BUSD-XPH liquidity and at a discount, realizing that the Xenophon Protocol can get better access to its own liquidity and reserve treasury assets, while at the same time giving the user XPH at a very large discount, the acquired XPH will be released in a 5-day lock-up period, with a portion released every day for 5 days. Later, Xenophon will take this format deeper into NFT because the LP inherently has terms such as bond price, the number of XPH tokens the bondholder is entitled to and the vesting period quoted for the bondholder, so it can be used as a marketable bond to auction future interests in the NFT market.