πGetting Started
Welcome to XOXNO! This guide will help you navigate the platform and get started with the features that matter to you.
Quick Navigation
Choose your path based on what you want to do:
Buy or sell NFTs
Earn interest on my crypto
Increase my exposure with leverage
Build applications with our APIs
Prerequisites
Before you begin, you'll need:
A MultiversX Wallet
xPortal App (Mobile - Recommended)
DeFi Wallet (Browser extension)
Web Wallet (Browser-based)
Some EGLD (MultiversX native token)
For transaction fees (very low, ~$0.001-0.01 per transaction)
Buy on exchanges: Binance, KuCoin, etc.
Understanding of Basic Concepts
Blockchain wallets and private keys
Gas fees and transaction signing
Risk in DeFi (never invest more than you can afford to lose)
Security First: Never share your seed phrase or private keys. XOXNO will never ask for them.
NFT Trading
Getting Started with NFTs
Connect Your Wallet
Visit XOXNO NFT Marketplace
Click "Connect Wallet" in top right
Select your wallet type and approve connection
Browse Collections
Explore trending collections on homepage
Use filters to find specific traits or price ranges
Check collection floor price and volume
Make Your First Purchase
Click on an NFT you like
Review price and rarity
Click "Buy Now" and confirm transaction
NFT appears in your wallet instantly!
List an NFT for Sale
Go to your profile
Select NFT to sell
Set your price in EGLD
Confirm listing transaction
Learn More:
DeFi Lending
Start Earning Interest
The XOXNO lending protocol (xLend) allows you to earn interest by supplying assets or borrow against your collateral.
Your First Supply
Navigate to xLend
Go to xoxno.com/lending
Connect your wallet
Choose an Asset to Supply
Popular choices: EGLD, USDC, USDT
Check current supply APY (Annual Percentage Yield)
Higher APY = more interest earned
Supply Your Assets
Click "Supply" on chosen asset
Enter amount (keep some EGLD for gas fees!)
Approve transaction
Start earning immediately!
Monitor Your Position
Dashboard shows total supplied value
Interest accrues every block (~6 seconds)
Withdraw anytime (if not used as collateral)
Understanding Health Factor
Before borrowing, understand the Health Factor:
> 2.0: Very safe β
1.5 - 2.0: Safe, good buffer β
1.2 - 1.5: Moderate risk β οΈ
< 1.2: High risk, close to liquidation β
< 1.0: Liquidation occurs π¨
Learn More:
Leverage Trading
Advanced Strategies for Experienced Users
Risk Warning: Leverage amplifies both gains and losses. Only use leverage if you understand the risks.
Leverage Basics
Leverage allows you to multiply your exposure to an asset:
Long: Bet on price going up (borrow stablecoins, buy asset)
Short: Bet on price going down (borrow asset, sell for stablecoins)
2x-5x leverage is common, higher is riskier
Your First Leveraged Position
Start Small
Begin with 2x leverage
Use small amounts to learn
Monitor your health factor closely
Choose Long or Short
Long EGLD: Supply EGLD, borrow USDC, buy more EGLD
Short EGLD: Supply USDC, borrow EGLD, sell for USDC
Monitor Daily
Check health factor
Watch for price movements
Have exit strategy ready
Close Position
Repay borrowed amount
Withdraw remaining collateral
Calculate profit/loss
Learn More:
Multiply Strategies
Optimize Your Yields
Multiply strategies combine lending and borrowing to amplify returns:
Start with Liquid Boost if you're new to multiply strategies - it's the safest and easiest to understand.
Developers
Building on XOXNO
Access our APIs to integrate XOXNO services into your application:
Aggregator API
Get optimal swap routes across multiple DEXs:
Relayer WebSocket
Real-time blockchain data and transaction services:
Learn More:
Common Questions
How much does it cost to use XOXNO?
Platform Fees:
NFT trades: 2% marketplace fee
Lending: No fees (earn interest!)
Borrowing: Interest rates (varies by asset, typically 2-8% APR)
Aggregator swaps: 0.3% protocol fee
Gas Fees:
Very low on MultiversX (~$0.001-0.01 per transaction)
Keep ~0.1 EGLD in wallet for gas
Is my money safe?
Security measures:
Smart contracts are audited
Non-custodial (you control your keys)
Battle-tested protocols
Insurance funds for lenders
Your responsibility:
Secure your seed phrase
Understand liquidation risks
Start with small amounts
Never share private keys
What if I get liquidated?
Liquidation happens when Health Factor < 1.0:
Prevention: Keep Health Factor > 1.5
Early warning: Monitor daily
If close to liquidation:
Add more collateral, OR
Repay part of your loan, OR
Close position entirely
After liquidation:
You keep remaining collateral
Liquidation penalty (~5-10%) is taken
Learn and adjust strategy
Where can I get help?
Email: [email protected]
Your Learning Path
Beginner (Week 1-2)
Connect wallet and explore NFT marketplace
Supply assets to earn interest
Understand health factor concept
Monitor your position daily
Intermediate (Week 3-4)
Try borrowing small amounts
Experiment with E-Mode
Learn about Liquid Boost strategy
Explore liquid staking (XEGLD)
Advanced (Month 2+)
Try 2x leverage positions
Experiment with Multiply strategies
Use advanced features (Flash Loans, Vaults)
Build with XOXNO APIs
Next Steps
Ready to dive deeper? Here are recommended next pages based on your interests:
NFT Enthusiasts:
DeFi Users:
Traders:
Developers:
Welcome to XOXNO! Start with small amounts, learn as you go, and don't hesitate to ask for help in our community channels.
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