Xai introduced its new stacking pools

ZEA, the popular Ethereum layer-3 gaming network built alongside Arbitrum, has announced the launch of its new staking pools on April 16, 2024.

These pools pave the way for more collaborative efforts between key stakeholders and enable third-party rewards in the Xai ecosystem.

Sentry Key and esXAI: XAI's Staking Pool Core

Staking pools often become hubs for innovation, driving the creation of games, non-vulnerable token (NFT) drops, and other interesting projects. Xai aims to leverage the stock for further growth and a stronger gaming environment.

The Xi Foundation, the group behind Jay, said in their official statement that “the staking method in the Haya ecosystem is focused on design.”

The Sentry key is fundamental to the stack process in the Xai ecosystem. Creating a pool requires a stored Sentry key. Sentry key holders can enter their keys into multiple pools to increase reward levels and increase their earnings.

Locked keys form the basis of a pool, which directly affects the prize.

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In addition to the Sentry key, the pool capacity for esXAI plays an important role in XAI staking pools. esXAI is a new token that represents stock exchange XAI.

KYC verified Sentry key holders have the unique ability to create pools and set a percentage of network rewards for themselves. Effective pool owners must actively manage, recruit members, and market their pools. Failure to do so will result in stakeholders migrating to successful pools.

Additionally, esXAI owners have the potential to earn network rewards, a percentage of which is generated by the pool creator. As the majority of esXAI is owned by Sentry's key holders, they are expected to be the largest shareholder of esXAI.

XAI's rapid redemption is intended to encourage greater ecosystem support from existing members, attract new investors and promote overall network health.

Despite this growth, the initial market reaction was modest. According to BeinCrypto data, XAI is trading at $0.68, representing a 0.71% increase over the past 24 hours.

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Xai's move is one of the latest developments fueling a resurgence of Web3 gaming in 2024. Things like Saga's “over 9000 power level” campaign and 16z's new gaming fund show investors' confidence in the sector.