Binance Launchpool Announces XAI (XAI) Farming: A New Gaming Blockchain on Arbitrum

Binance, the leading cryptocurrency exchange, has announced the launch of Xai (XAI) on its Launchpool platform. XAI is a gaming blockchain built on top of Arbitrum, a Layer 2 scaling solution for the Ethereum blockchain. This is the 43rd project on Binance Launchpool, offering users the opportunity to earn XAI tokens by staking BNB, FDUSD, and TUSD.

Here are the key details of the XAI Launchpool:

Token Name: Xai (XAI)
Max Token Supply: 2,500,000,000 XAI
Launchpool Token Rewards: 75,000,000 XAI (3% of total token supply)
Initial Circulating Supply: 277,118,150 XAI (～11.08% of the total token supply)
Staking Terms: KYC required
Supported Pools:

Stake BNB: 60,000,000 XAI in rewards (80%)
Stake FDUSD: 7,500,000 XAI in rewards (10%)
Stake TUSD: 7,500,000 XAI in rewards (10%)

Farming Period: January 5, 2024, 00:00 UTC to January 8, 2024, 23:59 UTC

Additional Information:

Binance will list XAI on January 9, 2024, at 10:00 UTC, with trading pairs for XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY. The Seed Tag will be applied to XAI. For more information about XAI and the Launchpool, please refer to the Binance announcement.

What is XAI?

XAI is a gaming blockchain designed to provide a scalable and secure platform for the development of next-generation blockchain games. It leverages the power of Arbitrum to offer fast transaction speeds and low fees. XAI aims to create a vibrant gaming ecosystem where developers and players can interact seamlessly.

What is Binance Launchpool?

Binance Launchpool is a platform that allows users to earn new tokens by staking existing tokens. By participating in the XAI Launchpool, users can stake their BNB, FDUSD, or TUSD tokens to earn XAI rewards.

Overall, the launch of XAI on Binance Launchpool is a significant development for the gaming blockchain space. It provides users with an opportunity to earn XAI tokens and participate in the growth of a new gaming ecosystem.

Here are some additional points of interest from the article:

The farming period for XAI will be four days, from January 5th to January 8th.
Users can stake their BNB, FDUSD, or TUSD into separate pools to earn XAI rewards.
The XAI token will be listed on Binance on January 9th with trading pairs for XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
Users from certain countries, including the United States, Canada, and Japan, will not be able to participate in the XAI Launchpool.

Project Links

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