The Xai Foundation, which supports the Xai layer-3 gaming network built with Arbitrum scaling tech on Ethereum, has announced the launch of a new staking pool system designed to reward user involvement in the ecosystem.
The Xai staking pools allow XAI token holders in eligible regions to stake their tokens in a pool, thus earning rewards for their participation. The update introduces a new token, esXAI, which serves as an escrowed staking representation of the XAI token. Users can convert their XAI to esXAI and then stake the tokens to participate and earn staking rewards.
Staking pools can be created by Sentry Key owners—who had to complete know-your-customer (KYC) protocols—that operate nodes that support the network. Pool operators can then determine the distribution of pooled network rewards, specifying the percentages allocated to themselves, Sentry Key stakers, and esXAI stakers.
The higher the tier of a staking pool, based on the amount of esXAI staked, the greater the reward multiplier for the staked Sentry Keys. This, the Xai Foundation hopes, will encourage “collaboration and competition among pools to attract stakers and climb the reward tiers,” according to a release.
The Xai Foundation first launched staking rewards in February, with the pools and expanded functionality being added to the offering today.
“We are thrilled to introduce staking pools to the Xai community,” added the pseudonymous Soby, a core contributor to Xai. “This upgrade represents our commitment to delivering the best value and rewards to our users while ensuring the long-term health and success of the Xai network.”
Xai staking pools live. These pools will create the bedrock for coordination across the ecosystem between key stakeholders and third party rewards. More below 1/2 pic.twitter.com/QB7da7LMqo
— XAI (@XAI_GAMES) April 16, 2024
The Xai network launched its mainnet earlier this year alongside a XAI token airdrop for node operators and owners of certain Xai-associated NFT collections. Games are starting to launch on the network, such as the on-chain role-playing game Tarochi.
Additional projects are forthcoming, such as card-battler Final Form and multiplayer action game LAMOverse from Ex Populus, the Crypto Unicorns franchise migrating over from Ethereum scaling network Polygon, and potentially dozens of indie games that are being adapted for crypto gaming in partnership with The Media Indie Exchange (The MIX).
Editor’s note: This article was written with the assistance of AI. Edited and fact-checked by Andrew Hayward.
This service is perfect for boosting your local business’ visibility on the map in a specific location.
We provide Google Maps listing management, optimization, and promotion services that cover everything needed to rank in the Google 3-Pack.
More info:
https://www.speed-seo.net/ranking-in-the-maps-means-sales/
Thanks and Regards
Mike Thomson
PS: Want a ONE-TIME comprehensive local plan that covers everything?
https://www.speed-seo.net/product/local-seo-bundle/
where buy generic clomiphene no prescription cost generic clomiphene for sale where can i get clomid without dr prescription clomid for men clomiphene challenge test protocol can i buy generic clomid without prescription where can i buy generic clomiphene
More delight pieces like this would make the web better.
I am actually happy to coup d’oeil at this blog posts which consists of tons of profitable facts, thanks towards providing such data.
order zithromax online cheap – order generic ofloxacin 400mg buy flagyl medication
buy semaglutide online – buy periactin 4mg without prescription buy periactin paypal
buy domperidone cheap – purchase sumycin how to buy flexeril
buy nexium generic – anexa mate purchase nexium sale
buy warfarin 5mg pills – anticoagulant buy generic cozaar 50mg
generic meloxicam 15mg – tenderness order meloxicam 15mg online cheap
cheap deltasone – https://apreplson.com/ deltasone 10mg sale
buy ed pills – https://fastedtotake.com/ buy erectile dysfunction drugs
buy amoxil cheap – combamoxi brand amoxicillin
fluconazole for sale – https://gpdifluca.com/# diflucan online order
buy cenforce cheap – cenforce 50mg us cenforce oral
maximum dose of cialis in 24 hours – is generic tadalafil as good as cialis cialis trial
order zantac 150mg pills – https://aranitidine.com/ order ranitidine 300mg generic
order viagra pills online – https://strongvpls.com/ buy viagra super active
Greetings! Jolly serviceable recommendation within this article! It’s the petty changes which choice obtain the largest changes. Thanks a portion in the direction of sharing! fildena 100 mg opiniones
This is the kind of topic I take advantage of reading. https://buyfastonl.com/
This is the compassionate of literature I positively appreciate. https://ursxdol.com/cenforce-100-200-mg-ed/
With thanks. Loads of conception! https://prohnrg.com/