Xai Staking Pools and Market Impact

Xai, an Ethereum-based gaming project, has announced new staking pools through Arbitrum. These staking pools aim to strengthen the Xai ecosystem and increase collaborations. The new pools may attract more participants by increasing the attractiveness of third-party rewards. These innovations aim to contribute to Xai’s sustainable growth and create a more robust gaming environment. Xai’s Innovative Approach The Xai Foundation emphasizes collaboration in the design of the staking mechanism. The staking pools have the potential to become an innovation hub for games, NFTs, and other projects. While Sentry Key forms the basis of the staking process, esXAI represents the staked XAI as a token. Sentry Key holders have the opportunity to increase their rewards by raising reward rates with the keys they stake. This further expands the reward mechanism by encouraging the use of Sentry Key in a large number of pools. Market Reactions and Future Expectations Following the new […]

Xai Staking Pools and Market Impact

Xai, an Ethereum-based gaming project, has announced new staking pools through Arbitrum. These staking pools aim to strengthen the Xai ecosystem and increase collaborations. The new pools may attract more participants by increasing the attractiveness of third-party rewards. These innovations aim to contribute to Xai’s sustainable growth and create a more robust gaming environment.

Xai’s Innovative Approach

The Xai Foundation emphasizes collaboration in the design of the staking mechanism. The staking pools have the potential to become an innovation hub for games, NFTs, and other projects. While Sentry Key forms the basis of the staking process, esXAI represents the staked XAI as a token.

Sentry Key holders have the opportunity to increase their rewards by raising reward rates with the keys they stake. This further expands the reward mechanism by encouraging the use of Sentry Key in a large number of pools.

Market Reactions and Future Expectations

Following the new staking announcement, the market reaction to XAI was negative. XAI fell by 6% in the last 24 hours, dropping to $0.66. The market value decreased to $184 million, and the 24-hour trading volume fell to $22 million, a 15% decrease.

Useful Information for Readers

Xai’s staking pools may offer new opportunities for gaming and NFT projects.
Sentry Key and esXAI are key elements that will strengthen reward earnings and token economics.
The new staking pools could contribute to the growth and collaborations of the Xai ecosystem.

Xai is part of initiatives supporting the revival of Web3-based games. Innovations such as the “Power-Level Over 9000” campaign and a16z’s new Gaming Fund support developments in the sector.

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