There will be an onchain mint of Xai tokens. Please DO NOT be alarmed. This is part of a scheduled mint.
The Xai Foundation will be periodically minting tokens as per the emissions scheduled noted in the Xai Gitbook.
Please note that these tokens were not initially minted to maximize node emissions.
Additional mints are estimated to take place in this year. These mints will be strategically executed to minimize the impact on Sentry Node emissions and help ensure halvings do not happen prematurely.
Xai Sentry node holders are the cornerstone of our Staking ecosystem.
They secure the network and ensure the integrity of the Xai blockchain.
Even without a Sentry Key, community members in eligible regions can convert XAI to esXAI and join a staking pool at https://t.co/ldc07uCP94 with a redemption period for converting back.