Shai, A Layer-3 Ethereum Gaming Network base decision The technology is set to launch the first phase of staking rewards next week. January XAI token airdrop, while rewarding stakers while providing more benefits to early supporters. The launch is tentatively planned for Tuesday, and we’ll get a first look at how it all works.
Initially, the Xai Foundation will create a staking feature for Sentry Keys holders. NFTIt is a node-based node operated by network supporters. The foundation sold it. There have been nearly 35,000 observer nodes so far.With over 6,300 unique owners, Sentry Key operators were major beneficiaries of the XAI airdrop in January.
With the launch of staking Escrow XAI (esXAI) By using the token, the Xai network will provide additional incentives to its holders. Each sentry key can be paired with up to 25,000 staked esXAI representing XAI tokens, but owners of multiple keys can accumulate that number. So, if you have 5 sentry keys in your wallet, you can stake up to 125,000 esXAI.
Xai has also implemented a rewards tier with bonuses that allow each Sentry Key holder to decide whether or not they will receive enhanced esXAI staking rewards.
For example, Bronze tier (<1,000 esXAI staked) has no multiplier, but Silver (1,000-9,999 esXAI), Gold (10,000-99,999 esXAI), Platinum (100,000-999,999 esXAI), and Diamond (1 million+ esXAI) have no multipliers. esXAI) offers a reward success multiplier of up to 16x. This means that the more you stake and invest, the more likely you are to receive rewards from each network “assertion” for your node.
What if I don’t own a Sentry Key or plan on having a ton of XAI? In March, the Xai Foundation plans to expand staking rewards through pools, and Sentry Key node holders will be able to run pools where regular
The Xai Foundation said it is continuing to develop the formula for how staking rewards around the pool will work, and will also increase the tier threshold in March based on initial staking results. However, the idea is to make staking attractive not only to Sentry Key holders, but also to the individual stakers who utilize them.
Going forward, the Xai Foundation sees these pools as a way for Xai Games and other projects to find participants to airdrop NFTs and tokens, as well as a way for XAI token holders to delegate their governance voting rights to the pool.
Xai network has There are tons of games coming soon.includes titles like Card Battler Final Form and metaverse action game LAMOverse from Ex Populus, the studio that built the Sentry Key software and is working with the Xai Foundation. Additionally, NFT game Crypto Unicorns announced its next plans. Migrate from Polygon to Xai.
The Xai token hit an all-time high of $1.59 on Sunday ahead of this week’s staking launch, more than double the initial market price when XAI debuted in January. Data at the time of this writing shows the current price is still close to that level, at $1.51. CoinGecko.
