Binance released news that Launchpool will launch its 43rd project Xai, a gaming blockchain platform based on Arbitrum. Xai will be Binance’s first layer 3 chain project. Users can deposit BNB, FDUSD and TUSD into different mining pools and mine them within four days starting from 00:00 on January 5, 2024 (UTC). XAI Token.

The total supply of Xai tokens is 2.5 billion, of which Launchpool token rewards account for 3%, or 75 million XAI. Binance plans to list XAI at 10:00 (UTC) on January 9, 2024, and open trading on the XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD and XAI/TRY trading pairs. XAI tokens will have a seed tag attached.

In addition, XAI also announced an airdrop plan, with the total airdrop amount accounting for 5% of the total supply, or 125 million XAI. Among them, Pioneer NFT holders will receive 1307 XAI per NFT, Legend NFT holders will receive 290 XAI per NFT, and Sentinel node operators will receive 1658 XAI per node/key.