xLizard — A more stable representation of your $LIZ Share

Lizard Exchange
2 min readFeb 23, 2022

The auto staked version of $LIZ, xLizard, is minted by depositing your $LIZ in the xLizard contract. It will automatically stake it in the Lizard Solo pool, harvest the rewards and restake them by our oracles every 8 hours, plus every time someone deposits or withdraws. We will not be charging any fees for this service during the first weeks, another way to show our commitment with early holders. We will announce the introduction of fees with due time.

xLizard bears our signature snapshot capacity and will used to monitor and reward our strongest holders with the different partnerships that we are forming in this space.

The flexibility and cheap fees that Emerald Paratime offers allows us to create custom contracts, never seen before, perfectly tailored for this chain. We are very exited to communicate that Oasis is allowing us to code a more flexible suite of contracts that can help the DeFi space continue evolving.

Hold on to your xLizard because we will announce soon our first use case: we have noticed the rise of many NFT projects. We would like to offer a way for them to gain exposure, raise funds and give utility to $LIZ, all while keeping all the information on chain. For our next announcement we will present, and explain, the mechanics of our one-of-a-kind NFT IDO platform and our King of the Hill model.

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Lizard Exchange

A safe and fair decentralized trading platform with low fees and high-speed transactions built on OasisNetwork