Xai Launching Staking Rewards for the Ethereum Gaming Network—Here’s How It Works

Xie, A Layer-3 Ethereum gaming network Built on Decision Technology will begin the first phase of the award this week next week January XAI token airdropRewarding stakeholders while making the most of early supporters. The release is tentatively scheduled for Tuesday, and here's a first look at how it works.

Initially, the Xai Foundation will create great potential for Sentry Key holders NFT-Established nodes operated by network supporters. The foundation is sold So far, about 35,000 nodes of viewersMore than 6,300 unique owners and operators of Sentry Key were the first users of the January XAI airdrop.

Stacking and the Hidden XAI (esXAI) Token, the Xai Network offers additional incentives to its owners. Each Sentry key can be combined with up to 25,000 staked esXAI, representing XAI tokens, but the owner of multiple keys can stack that sum—so if your wallet contains five Sentry keys, you can earn up to 125,000 esXAI.

Xai has implemented a reward tier that includes a bonus that determines whether each Sentry Key holder receives enhanced esXAI rewards.

For example, Bronze level (less than 1,000 esXAI) has no multiplier, but Silver (1,000 to 9,999 esXAI), Gold (10,000 to 99,999 esXAI), Platinum (100,000 to 999,999 esXAI) and more Diamond staked esXAI) do. It offers a prize win multiplier of up to 16x. In other words, the more you accumulate and invest, the more likely you are to receive higher rewards on each network's “proof”.

What if you don't own a Sentry Key and/or don't intend to hold a large amount of XAI? In March, the Xai Foundation plans to expand the scope of rewards through pools, and Sentry key node owners will be able to create pools where all XAI token holders can deposit esXAI.

The Xai Foundation is still working out the formula for how the pooling of rewards will work, and has announced that it will raise the level caps in March. But the idea is to make stacking mandatory not only for Sentry key holders, but also for individual stakeholders who use them.

Going forward, the Xai Foundation sees these pools as a way for Xai Games and other projects to gain an audience for NFTs and tokens to be airdropped, as well as a way for XAI token holders to delegate their governance voting rights to the pool.

It has Xai network. More games on the horizonIncluding titles like Card Fighter Final Form and the metaverse action game LAMOverse from Ex Populus, developed by Sentry Key Software and in collaboration with the Xai Foundation. In addition, he announced plans to make NFT game Crypto Unicorns Migrate from Polygon to Xai.

The Xai token hit an all-time high of $1.59 on Sunday ahead of its launch this week, more than double the initial market value of XAI when it launched in January. As of this writing, it is at that level at the current price of $1.51, according to data from CoinGecko.