Bitcoin Exchange Binance Introduced its 43rd Launchpool Project!

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.