Binance has just unveiled its 43rd project on Binance Launchpool: Xai (XAI). But what exactly is Xai, and why should you pay attention? Let’s dive into the details.
What Is Xai (XAI)?
- Xai (XAI) is a layer-3 blockchain built on Arbitrum, which is a layer-2 scaling solution for Ethereum. It’s designed to empower traditional gamers by allowing them to participate in the vast potential of open trading.
- Gamers can now exchange in-game items within their favorite games without the hassle of interacting with crypto wallets. Xai bridges the gap between gaming and blockchain, creating exciting possibilities for both communities.
How Does Xai Launchpool Work?
- Staking Pools: Users can stake their BNB, FDUSD, and TUSD tokens into separate pools during the four-day farming period.
- XAI Token Rewards: By participating in the Launchpool, users can farm XAI tokens. A total of 75,000,000 XAI (which accounts for 3% of the total token supply) will be distributed to participants.
- Farming Period: The farming period starts from 2024-01-05 00:00 (UTC) and ends on 2024-01-08 23:59 (UTC).
- Listing and Trading: After the farming period, Binance will list XAI on 2024-01-09 10:00 (UTC). Trading pairs will include XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
- The Seed Tag will be applied to XAI.
Key Details:
- Max Token Supply: 2,500,000,000 XAI
- Initial Circulating Supply: 277,118,150 XAI (approximately 11.08% of the total token supply)
- Staking Terms: KYC required
- Hourly Hard Cap per User:
- 62,500 XAI in BNB pool
- 7,812.5 XAI in FDUSD pool
- 7,812.5 XAI in TUSD pool
XAI Farming Distribution
Where to Learn More:
- Website: Xai Games
- Whitepaper: Welcome to Xai
- Twitter: Xai Games
- Discord: Xai Sentry Nodes
- Telegram: XaiSentryNodes
- Medium: Xai Foundation
Remember, snapshots of user balances and total pool balances will be taken multiple times each hour to calculate rewards. So, get ready to farm XAI and explore the exciting world of Xai gaming! 🚀🎮
Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial advice. Always do your due diligence before investing in any cryptocurrency.