Arbitrum’s first L3 network “Xai (XAI)” plans to hold virtual currency launch pool on Binance

10 months ago 44

Implementation of successive launch pools

International Binance has announced a new cryptocurrency launch pool, following last week’s Sleepless AI (AI).

The launch pool is staking farming using BNB, FDUSD, and TUSD, and this time it targets Xai (XAI) for the 43rd time.

The farming period will be for 4 days starting from 9:00 am on the 5th Japan time, and immediately after that at 7:00 pm on January 9th as currency pairs of XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY. It is scheduled to be listed on Binance.

The total number of XAI issued is 2,500,000,000, of which 3% = 75,000,000 will be distributed from the launch pool.

What is Xai (XAI)?

Xai is the first layer 3 network (Orbit chain) of Ethereum layer 2 “Arbitrum” and is built as a blockchain exclusively for Wen3 games.

Xai is unique in that it eliminates traditional barriers to entry for gamers, improving onboarding and usage by integrating crypto wallets into the backend of the gaming experience and managing them on behalf of players, as well as eliminating fees for blockchain transactions. This is something that can be completely removed through subsidies.

XAI tokens are Xai’s native gas tokens and can be converted and staked to esXAI. Staking esXAI allows you to increase the yield from your nodes. Additionally, staked esXAI will be given voting rights.

Xai has raised $10 million in three funding rounds so far at $0.01, $0.032, and $0.035 per XAI, respectively.