CrossFi Chain Overview
Introduction
CrossFi Chain is a next-generation Layer 1 blockchain built with a modular architecture, seamlessly integrating Cosmos and Ethereum Virtual Machine (EVM). This synergy enables high performance, security, scalability, and deep interoperability, allowing users to leverage the benefits of both ecosystems without compromise.
CrossFi Chain serves as a robust foundation for decentralized finance (DeFi), Web3 applications, integrations with traditional financial systems (TradFi), and innovative services. Its primary goal is to provide developers, users, and institutional players with a flexible infrastructure that can adapt to the rapidly evolving market landscape.
Architecture and Technology
🌌 Cosmos SDK Foundation
At the core of CrossFi Chain lies the Cosmos SDK, which provides a developer-friendly framework for building blockchain applications using modular components. The Cosmos technology stack ensures consensus, coin issuance, transaction validation, and block formation, all powered by Tendermint Core—a robust consensus mechanism based on Delegated Proof-of-Stake (DPoS) and Byzantine Fault Tolerance (BFT).
⚡ EVM Integration
Simultaneously, the EVM layer, built on Ethermint and Evmos, offers full compatibility with Ethereum smart contracts and dApps. This hybrid approach ensures that developers can seamlessly migrate existing Ethereum-based solutions or build new ones using familiar tools such as Solidity, Hardhat, and Truffle, while benefiting from Cosmos' scalability and high-speed execution.
Key Features
- Performance
- Consensus & Security
- Compatibility
🚀 High Performance Metrics
- Block time: ~5 seconds (potentially reducible to 1 second in the future)
- Throughput: Up to 10,000 transactions per second, supporting high-load applications like trading platforms or mass payment services
- Operations per transaction: Up to 100, increasing the functional density of data within a single block
- Transaction confirmation: 1 block, ensuring rapid finalization of operations
🔒 Consensus Protocol
DPoS + BFT, ensuring resilience against attacks and effective role distribution among validators and delegators.
🛡️ Security Features
The use of DPoS and BFT ensures that the network is resilient to malicious activities and failures. Combined with regular smart contract audits, modern encryption techniques, and continuous network monitoring, CrossFi Chain minimizes risks of theft and attacks. Economic incentives (such as slashing for malicious validators) help maintain discipline among network participants.
🔧 EVM Compatibility
Full support for the Ethereum toolset and smart contracts simplifies adaptation and migration of projects, making CrossFi Chain open and developer-friendly.
💰 Low Fees
The average fee of approximately 2% enhances economic efficiency and makes the network attractive for mass adoption. Affordable transaction fees make CrossFi Chain attractive for developers (lower deployment costs) and users (microtransactions and daily operations without significant expenses).
Interoperability and IBC
CrossFi Chain fully supports Inter-Blockchain Communication (IBC), which has become the standard for exchanging data and assets between independent Cosmos networks.
🌐 Cross-Chain Capabilities
Thanks to IBC, applications can leverage multiple chains simultaneously—for example, storing data on one network while executing financial transactions on another. This simplifies the development of complex decentralized systems and increases asset liquidity.
🔗 Global Network
Interoperability fosters the formation of a global network of interconnected blockchains, paving the way for cross-chain DEXs, multi-chain staking, and expanded DeFi services.
Token Economy
Token Economy OverviewKey participants in the CrossFi Chain ecosystem include validators, delegators, developers, users, and token holders.
- MPX Token
- XFI Token
- eMPX Bridge
🪙 MPX (Cosmos Layer Token)
- Used for staking, governance, and transaction fees
- Unlimited supply to support network functionality and validator incentives
💎 XFI (EVM Layer Utility Token)
- Grants access to dApps, DeFi services, and payment solutions
- Capped supply: 378,400,000 XFI over 20 years, divided into five phases, ensuring inflation control and long-term value stability
🌉 eMPX Integration
The existence of eMPX—the EVM version of MPX—simplifies interactions between Cosmos and Ethereum ecosystems and facilitates token usage in various DeFi protocols.
Developer Tools
🛠️ Development APIs
Developers can utilize:
- Cosmos gRPC and REST: For interacting with Cosmos-level functionality
- Ethereum JSON-RPC and WebSocket: Standard tools for Ethereum developers
- Tendermint RPC and WebSocket: For low-level access to network state and block data
📚 Developer Support
Comprehensive documentation, starter project templates, integration with popular frameworks, and public testnets simplify rapid adaptation and prototyping. An active developer community, regular AMA sessions, hackathons, and grant programs support innovation and new project development.
Integration with Traditional Finance and Oracles
- TradFi Integration
- Oracle Integration
- Infrastructure Support
🏦 Traditional Finance Bridge
CrossFi Chain aims to bridge decentralized and traditional financial systems. Support for SWIFT, IBAN, and payment systems (VISA, MIR) enables instant crypto-to-fiat conversion and international transactions.
🔮 External Data Access
Integration with oracles (DIA, Covalent) provides access to reliable external data (exchange rates, stock prices, weather conditions), allowing smart contracts to respond to real-world events.
🌐 Global Infrastructure
Infrastructure providers like POKT and Blast ensure stable and fast RPC access from anywhere in the world.
Grant Program and Incentives
CrossFi offers grants for promising projects aimed at improving the ecosystem, ranging from user interfaces to infrastructure solutions and educational initiatives.
💰 Financial Support
Grant recipients receive not only financial support but also expert consultations, marketing assistance, partner connections, and access to community resources.
🎯 Long-term Benefits
Rewards in XFI tokens and staking options promote long-term collaboration and ecosystem growth.
User Benefits
- Performance Benefits
- DeFi Services
- TradFi Integration
⚡ Speed & Cost
End-users benefit from fast and low-cost transactions, making daily operations more efficient and economical.
🏦 Wide Range of dApps
Access to DEXs, lending protocols, stablecoins, NFT marketplaces, staking opportunities, and governance participation.