Technology

The LandX protocol is built on cutting-edge blockchain technology. Blockchain is revolutionizing finance in the same way the internet disrupted commerce.

While cynics will point out bubbles, ponzis, and failed projects the underlying technology is enabling a revolution in financial independence.

LandX smart contracts execute across a permissionless decentralized network. It has never been easier to connect an investor in Manhattan with a farmer in Pará.

The benefits of this financial inclusion are still to play out but LandX is leading the way and is excited to see how this technological breakthrough will change the world.

LandX Platform

The LandX platform is a dApp with a public web interface at: https://landx.fi

The platform provides a central portal to buy, sell and manage xTokens.

Land Verification

LandX validators are responsible for identifying suitable farmland opportunities in their region, securing crop share agreements, as well as verifying farmland productivity. LandX uses a combination of methods to verify the productivity of the land including the use of geospatial imagery. LandX evaluates the Normalized Difference Vegetation Index (NDVI) for every block of land and compares the 5-year vegetation levels history with the data on regional averages and farmer-reported actual crop yields.

LandX establishes a Maximum Allowable Crop Share (MACS) for every type of crop as a percentage of farmland yield that farmers are able to tokenize. MACS is one of the parameters that the LandX DAO will vote on. MACS is currently established at between 10-15% depending on the type of crop.

LandX validators are required to stake LNDX governance tokens to secure their responsibilities of evaluation and onboarding of new farmland.