Decentralized Finance Platform Integration
WHITE PAPER: JUNE 5, 2023
PDF Version File
From the pioneers in the machine learning field of market trade comes our latest privacy defi tokenized limited supply offering.
Together, XSPY and WSPY constitute the second release in a suite of at least 6 planned decentralized crypto related projects ‘private by default’ from our development team.
This first offering was OilDefi.io in April of 2022. It is most recently returning an escalated return per sequence annualized at over 80% ROI, see most recent update here: https://oildefi.io/2023/06/81-73-annualized-returns-on-first-epic-v3-1-1-software-version-oil-trading-sequence/
The primary goal of this suite of projects is to merge and exploit the advantages of a private decentralized crypto platform with a highly sophisticated and market-proven machine learning trade software that has most recently been adapted not only for crude oil but also for the SP500 and other instruments of trade.
This machine trading software has been in development for 7 years; the most recent white paper for the software architecture is found here:
EPIC v4.1.1 Crude Oil Machine Trade Software White Paper | June 3, 2023
To accomplish this goal, we have secured license to the EPIC machine trading platform to be tokenized on a DeFi network using the most advanced available private crypto ecosystems. In doing so we will provide crypto investors access to state of the art machine learning trade technology and ROI performance not otherwise attainable to most investors.
The SP500 trading project is divided into two tokens. XSPY is the standard token with a capped supply and smaller minimum entry. WSPY is a ‘whale’ token for larger investors and has no capped supply and be available for purchase for an undetermined limited time only.
The tokens will be launched and issued on the fully privatized DERO crypto network to maintain end to end privacy.
Payment for XSPY and WSPY tokens will be executed using XMR as it is the most liquid privacy coin available at the time of launch. Exchange between XMR and XSPY/WSPY will be privately managed by our support team. Think of the token as a proof of stake in the trading software.
Using this structure provides us the ability to guarantee liquidity directly from our treasury to investors at the appropriate listed token value. This structure also prevents ‘pump and dump’ scenarios from occurring as the value of the token can be set to solely reflect the software returns, invested capital and the number of issued tokens. In this way, large buy and sell orders will not cause significant swings in the XSPY/WSPY token price. Designing the project in this manner creates a lower risk, value-type investment instrument rather than relying on speculation to propel returns.
To liquidate tokens to XMR or other applicable, investors simply contact our support team directly. Tokens are then cashed out from the treasury at the current ‘Guaranteed Cash Out Price’ less exchange and transfer fees. This price will be updated daily on the project’s website.
The price of the token is directly proportional to the software returns and is fully backed by the treasury at the stated cash out price. Rewards are not paid to token holders as a % of return but instead the value (price) of the coin increases to reflect the software returns.
The total supply of XSPY will be established and locked when the pre-sale ends. It will be equal to the number of pre-sale coins sold x 2 (the latter half reserved for future treasury sale at a premium) plus 14% (see capped token supply detail below).
Token holders will have the option to sell tokens privately to other investors via their own agreed upon price. This may be advantageous if the perceived token value is greater than the current listed value because of expected continuing returns and lack of token supply. In this scenario sellers may garner a higher than listed price for their tokens. In other words, a supply squeeze is probable given the software’s baseline expected return rate and continual performance improvement (common in machine learning).
An initial 60-day lock up is required on all pre-sale token issuance to allow time for the software to establish a positive cash flow. After the 60-day lockup we will facilitate cashing out from treasury funds upon request.
The estimated software return is 50-200% per annum. Estimated possible return can be as low as 50% and as high as 2000% in a best case scenario.
The SP500 machine learning protocol has tested for 6 months superior to the Oil machine learning software primarily because the SP500 isn’t as complicated and challenging as crude oil trade.
There is some possible foreshadowing here by the lead developer: https://twitter.com/curtmelonopoly/status/1665251179838816256
The downside to the SP500 protocol however is that it may not in the long term achieve the same ROI as the Oil software because of the nature of volatility in Oil trade, however, at this time ROI remains unknown.
Coin Distribution – Pre-Sale, Supply Cap
The tokens will not be traded on a public crypto exchange and as mentioned above the supply of XSPY will be capped.
There will be one pre sale only “Public Presale Opens June 5, 2023 12:00 PM EST & Closes 6:00 PM June 18, 2023. Launch 9:00 AM June 19, 2023.”
The public pre-sale will close 6 PM EST on June 18, 2023. The supply of XSPY will then be capped, tokens will be distributed and the software will start trading June 19, 2023 at 9 AM EST.
Management Fees
Software licensing charge (rake) charged to software returns is 9.16%. For example, if total amount invested is 3 million and software returns 100%, rake is 9.16% of 3 million or 274,800. The token holders would then receive a 91.84% return on their investment.
There is a one-time development team charge of 6.5%, marketing and sales commission of 3.5%, plus administrative fees and miscellaneous promotional tokens of 4% for a TOTAL ONE-TIME charge of 14% to the treasury. This equates to approximately 1 month of average software returns.
EARLY PARTICIPANT BONUS: The first 100,000 USD in XSPY token investment during pre-sale will be free of the one-time development team charge of 6.5% at cash-out providing that the tokens of particpants that purchased the 100k do not liquidate the tokens until at earliest Dec 18, 2023.
It is important to emphasize the software rake will only be taken from realized software returns and not from invested principle.
With WSPY there is no sale limit, no dollar limit a $25,000 minimum entry and sales will remain open for a limited time duration to be determined by our team at a later date.
Fees for XSPY and WSPY are the same.
Value to Token Holders
A ‘low barrier to entry’ stake in machine learning trade software (technology and account size both matter) that is not other-wise accessible to the public.
Value of existing software technology – developed and tested over 6 years – now proven and fully functional.
Returns estimated 50% – 2000% per year (see software white paper for detail, the most recent sequence realized an 81.73% annualized ROI https://oildefi.io/2023/06/81-73-annualized-returns-on-first-epic-v3-1-1-software-version-oil-trading-sequence/) and the SP500 protocol is expected to outperform the Oil protocol. To be clear, the downside of the SP500 protocol is that over the long term it may underperform Oil but as mentioned above this is yet to be determined.
Returns not otherwise accessible to the everyday investor.
Passive income.
Token swaps within our suite of offerings – project to project. Official announcements are expected very soon. For now, in general terms, this is the working structure for swaps (yet to be officially in place);
- Token swaps within our suite of offerings – project to project. We will offer the option to swap between XOIL and XSPY for investors who so choose. Please note that due to the length of time required to move funds between the two instruments (XOIL is cumbersome and much slower than XSPY) there may be slippage in the swap rates. For example if swapping from XOIL to XSPY takes approximately 4 – 8 weeks, then investors will be cashed out of XOIL at the listed token price of that day. However, the XSP purchase price will not be known until the day the funds arrive in that account. This means there would be a period of 4 weeks where the investor will essentially be holding cash until those funds have completely transferred to the XSP account. There will also be a transfer fee that will be deducted to cover the expenses of these transactions of $180.00.
End to end privacy via DERO and XMR and anonymous exchange with us (we will continue to adapt to available technologies to maximize security and ease of use with the available private currencies).
Fixed total supply of XSPY – Potentially rising underlying value of tokens relative to future considerations of machine learning software provide for private person to person sales of tokens at whatever that perceived value may be. A very real scenario could occur in an off market value squeeze of tokens.
No risk of getting dumped on because token value is correlated with trading returns and our reported token price is backed by total value of the treasury.
Liquidity for token sales is guaranteed because tokens are sold directly with our treasury and do not require a third party buyer. We will always purchase tokens from the seller at our listed token price after the 60-day lock period. Price is guaranteed to be directly correlated to software trading returns.
In our first project Oildefi.io, XOIL has had some delay (up to 45 – 60 days in some instances) due to the complexities and intermediaries required to move in and out of public futures trading markets and back through crypto markets. The SP500 project does not have this same challenge because the trading is executed on a crypto derivitive platform, so all transactions are crypto-crypto between you and treasury.
Please note: Due to the mechanics of XSPY trade, if something were to happen that completely destroyed crypto markets and/or the most used stable coins XSPY could be adversely affected unlike XOIL which currently appears to be more immune to that risk. This is an unavoidable risk for the XSPY project. XSPY has the advantage of quick liquidations for particpant treasury sale but disadvantage being traded on crypto exchange*
Contact Our Support Team Here to Get Started:
Use Session Application: https://getsession.org/
Session ID: 0507854bc578e152a86d3c470b7c08b2eae46bb6c31de2190fe78fd4bc0020627d
The Process to purchase XSPY and WSPY is the same in terms of purchasing as with XOIL – GUIDE TO PURCHASING XOIL and WOIL TOKENS
**We recommend downloading all applications on the same PC for ease of use**
**Supported operating systems for all applications include OSX, Windows, Linux, and some Android devices**
REQUIRED APPLICATIONS
1) Session Messaging App – https://getsession.org/download
-contact us at Session ID:
0507854bc578e152a86d3c470b7c08b2eae46bb6c31de2190fe78fd4bc0020627d
Always double check the above alpha-numeric address when contacting us.
This is the ONLY session address you should be communicating with in regards to our offerings.
2) DERO command line interface wallet – https://dero.io/download.html.
Refer to the DERO wallet setup document for your operating system.
Over time DERO wallets will become significantly more user friendly.
3) XMR wallet of your choice.
For privacy, ALWAYS transact XMR using a personal wallet, never an exchange.
There are several XMR wallets to choose from for PC and/or mobile devices.
Recommended PC Wallets (these support all major operating systems):
1) Official Monero GUI Wallet – https://www.getmonero.org/downloads/
2) MyMonero Wallet – https://mymonero.com/
3) Exodus Wallet – https://www.exodus.com/
– Exodus can be used with many different cryptocurrencies
Recommended Mobile Wallets
1) Cake Wallet
2) Edge Wallet
3) MyMonero Wallet
STEPS TO PURCHASE TOKENS
1) Purchase desired amount of XMR at your preferred exchange (some of the above apps support conversion from BTC or LTC or other coins to XMR within those wallets).
– KYC Exchanges – Binance, Kraken.
– non-KYC Exchanges – Kucoin, Trade Ogre.
2) Send XMR to your personal wallet from your exchange.
3) Ensure your DERO wallet is open and registered.
4) Ensure your XMR wallet is open and desired amount is available for transfer.
5) Contact us on Session.
6) Send the appropriate amount of XMR to the XMR address you will be given.
7) Copy and paste your DERO address into the Session conversation.
8) XSPY tokens will be distributed during the week of June 18, 2023.
WSPY tokens will be distributed immediately after purchase.
** Prior to contacting our sales team to execute purchase of tokens ensure you have your desired amount of XMR to invest in a personal XMR wallet and that you have a fully registered DERO wallet address. If you require assistance for this process our team will also assist you.
** The DERO network is still very young and developing quickly. It was chosen for this project as it is the most private network available for token creation and distribution. It will become more streamlined as time goes on. Our team believes in privacy by default at the protocol level and by using the best technology available we hope to aid in advancing its widespread use.
** Our team can facilitate private exchanges between two parties if desired – contact us for more information.