Summary
TLDR: The Xai Foundation has launched staking pools for XAI token holders to earn rewards by staking their tokens. Users can convert XAI to esXAI and stake the tokens to participate. Pool operators determine reward distribution, and higher tier pools offer greater reward multipliers. The foundation aims to encourage collaboration and competition among pools. The Xai network has launched staking rewards and is expanding functionality to attract users and ensure network success. Games are starting to launch on the network, with more projects in development.
Key Points
1. The Xai Foundation has launched a new staking pool system on the Xai layer-3 gaming network built with Arbitrum scaling tech on Ethereum to reward user involvement in the ecosystem.
2. Xai staking pools allow XAI token holders in eligible regions to stake their tokens and earn rewards by converting XAI to esXAI to participate in the staking process.
3. The staking pools, created by Sentry Key owners who have completed KYC protocols, offer rewards based on the amount of esXAI staked, encouraging collaboration and competition among pools to attract stakers and climb the reward tiers.