Xai, a layer-3 Ethereum gaming network leveraging Arbitrum technology, is thrilled to unveil the commencement of its staking rewards program this week, marking an exciting milestone for the platform and its community. Following the successful XAI token airdrop in January, this initiative aims to provide stakers with rewards while further incentivizing early supporters.
Scheduled for rollout this Tuesday, the first phase of staking rewards will introduce innovative opportunities for Xai enthusiasts. Owners of Sentry Keys, the NFT-based nodes operated by network supporters, will be able to participate in staking and earn rewards. With nearly 35,000 observer nodes sold and over 6,300 unique owners, the Xai Foundation is excited to extend benefits to these dedicated stakeholders.
Through staking, Sentry Key owners can pair their keys with up to 25,000 staked esXAI tokens, representing XAI tokens. Notably, owners with multiple keys can increase their staking potential, allowing for even greater participation in the rewards program.
Xai has introduced rewards tiers to enhance the staking experience, offering bonuses based on the amount of staked esXAI. Ranging from Bronze to Diamond tiers, each tier provides varying reward multipliers, with higher tiers offering enhanced rewards for participants.
Moving forward, Xai aims to enhance staking rewards by introducing new pools in March, enabling all XAI token holders to stake their esXAI. This strategic initiative seeks to increase participation and interaction within the Xai ecosystem, fostering a stronger sense of community engagement.
The Xai Foundation remains dedicated to creating inventive solutions that benefit its community members. With an array of upcoming games and projects such as Final Form and LAMOverse, Xai is positioned for ongoing advancement and prosperity within the ever-changing Ethereum gaming environment.
