Summary
TLDR: Xai, a layer-3 Ethereum gaming network, is launching the first phase of its staking rewards this week after a token airdrop in January. Stakers will receive rewards by staking their esXAI tokens, with bonuses based on the amount staked. In March, staking rewards will be expanded to include pools for general XAI token holders. The network has upcoming games and projects, with the XAI token price reaching an all-time high of $1.59.
Key Points
1. Xai, a layer-3 Ethereum gaming network built on Arbitrum technology, is launching the first phase of its staking rewards this week after January’s XAI token airdrop, providing rewards to stakers and benefiting early supporters.
2. The Xai Foundation will create staking capabilities for owners of Sentry Keys, NFT-based nodes operated by network supporters. Owners can pair each Sentry Key with up to 25,000 staked esXAI tokens, with rewards tiers offering bonus multipliers based on the amount staked.
3. In March, the Xai Foundation plans to expand staking rewards with pools operated by Sentry Key node owners, allowing general XAI token holders to stake their esXAI. This initiative aims to engage audiences for games and projects, delegate governance voting rights, and increase the overall appeal of staking on the Xai network.