Binance Launchpool Introduces Xai (XAI), Offers Farming by Staking BNB, FDUSD, and TUSD
Binance presents the 43rd project on Binance Launchpool, Xai (XAI), a game-centric blockchain constructed atop Arbitrum as its primary Layer 3. Users would be able to stake their BNB, FDUSD, and TUSD in independent pools to farm XAI tokens over a span of four days, beginning from January 5, 2024, at 00:00 (UTC).
Following this, Binance will list XAI on January 9, 2024, at 10:00 (UTC), enabling trading for XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY pairs. XAI will bear the Seed Tag.
Launchpool Details:
- Token Name: Xai (XAI)
- Max Token Supply: 2,500,000,000 XAI
- Launchpool Token Rewards: 75,000,000 XAI (3% of total token supply)
- Initial Circulating Supply: ~277,118,150 XAI (~11.08% of the total token supply)
- Staking Terms: KYC required
Hourly Hard Cap per User:
- In BNB pool: 62,500 XAI
- In FDUSD pool: 7,812.5 XAI
- In TUSD pool: 7,812.5 XAI
Supported Pools:
- Stake BNB: 60,000,000 XAI in rewards (80%)
- Stake FDUSD: 7,500,000 XAI in rewards (10%)
- Stake TUSD: 7,500,000 XAI in rewards (10%)
The farming period will last from January 5, 2024, 00:00 (UTC) to January 8, 2024, 23:59 (UTC).
Daily farming distribution for each pool from January 5 to 8, 2024, will be as follows:
- BNB Pool: 15,000,000 XAI daily
- FDUSD Pool: 1,875,000 XAI daily
- TUSD Pool: 1,875,000 XAI daily