Binance‘s 43rd Launchpool project is Xai (XAI), which was announced on January 3rd on the official Binance blog. The Xai blockchain network, which will be built on the Arbitrum ecosystem and presented as the first Layer-3 network in the blockchain field, is attracting attention as a gaming-focused project.
Notable Details for XAI
Binance announced that the Launchpool event is expected to be available within 24 hours. Users will be able to stake BNB, FDUSD, and TUSD assets in different pools to participate in the XAI token farming event starting from 03:00 on January 5th for four days.
Binance plans to list XAI on January 9th at 13:00 and investors will be able to trade the token with the following pairs: XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
According to Launchpool details, the total supply of XAI tokens is announced as 2.5 billion, and 75 million XAI tokens, which is 3% of the total supply, will be offered to users within the event. The number of tokens to be circulated starting from January 9th is announced as 277,118,150 XAI, which is 11.08% of the total supply. 60 million XAI tokens are allocated for the BNB stake pool, while 7.5 million XAI tokens each are allocated for the FDUSD and TUSD pools.
