Binance has launched its 43rd New Coin Mining project - Xai (XAI) - the first gaming blockchain built on Arbitrum L3. Users can participate in XAI mining by staking BNB, FDUSD, or TUSD in dedicated pools, earning rewards over a 4-day period.
Key Details
- Token: Xai (XAI)
- Total Supply: 2,500,000,000 XAI
- Initial Circulating Supply: 277,118,150 XAI (~11.08% of total)
- Mining Allocation: 75,000,000 XAI (3% of total supply)
Mining Pools & Distribution
| Pool | Allocation (XAI) | Percentage |
|---|---|---|
| BNB | 60,000,000 | 80% |
| FDUSD | 7,500,000 | 10% |
| TUSD | 7,500,000 | 10% |
👉 Stake now to earn XAI rewards
Trading Launch
Binance will list XAI on January 9, 2024, opening trading pairs including:
- XAI/BTC
- XAI/USDT
- XAI/TRY
(All pairs follow Seed Tag rules.)
Project Highlights
- First Arbitrum L3 Gaming Chain: Optimized for scalability and low transaction fees.
- Token Utility: Powers in-game economies and decentralized gaming ecosystems.
- Smart Contracts: Audited and transparent (View XAI Token).
Mining Mechanics
- Hourly Snapshots: Rewards calculated based on average hourly stakes.
- Flexible Staking: Move assets between pools anytime.
- Auto-crediting: Rewards sent to spot accounts hourly.
Note: KYC verification required. BNB in Binance Earn products automatically qualifies for mining.
FAQ
Q: What makes Xai unique?
A: As the first Arbitrum L3 gaming chain, Xai offers faster transactions and lower costs compared to traditional Layer 2 solutions.
Q: How do I participate in XAI mining?
A: Stake BNB, FDUSD, or TUSD in the designated pools via Binance Launchpad after January 5, 2024 (08:00 UTC+8).
Q: What’s the annualized yield for mining pools?
A: Yields vary by pool and are updated in real-time on Binance’s platform.
👉 Explore gaming on Xai’s blockchain
Sources:
Disclaimer: Crypto investments involve risk. This content is for informational purposes only.
**Optimizations Applied**:
1. Removed redundant dates/URLs (e.g., "2024-01-09 UTC").