Global cryptocurrency exchange Binance introduced Xai (XAI), a gaming blockchain built on Arbitrum, as its 43rd project on Binance Launchpool.
Binance Launchpool Introduces Xai (XAI) for Staking
Users will have the opportunity to deposit their BNB, FDUSD, and TUSD into separate pools to collect XAI tokens over a four-day period starting at 03:00 on January 5, 2024.
Following the staking period, Binance plans to list XAI at 13:00 on January 9, 2024 and open it for trading with trading pairs XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD and XAI/TRY.
XAI Launchpool Features
Token Name: Xai (XAI)
Maximum 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 (approximately 11.08% of total token supply)
Smart Contract Details: XAI Token (XAI)
Staking Conditions: KYC required
Fixed Upper Limit per User Hour:
62,500 XAI in BNB pool
7,812.5 XAI in FDUSD pool
XAI in pool of 7,812.5 TUSD
This initiative marks an important step in expanding the services offered by Binance and provides users with more opportunities to interact with the cryptocurrency market.
*This is not investment advice.