The latest addition to Binance’s New Coin Mining program is Xai (XAI), marking the 43rd project on the platform. Xai stands out as the first gaming blockchain built on Arbitrum L3, aiming to revolutionize blockchain gaming with scalable infrastructure and developer-friendly tools. This presents a timely opportunity for crypto enthusiasts to earn early XAI tokens by staking BNB, FDUSD, or TUSD.
The mining event runs for four days, starting January 5, 2024, offering users a limited window to participate before XAI’s official trading launch. With a total of 75 million XAI allocated for mining—3% of its 2.5 billion maximum supply—this is a significant distribution phase for early adopters.
🔍 Project Overview: What Is Xai (XAI)?
Xai is a Layer-3 blockchain specifically designed for web3 gaming, leveraging Arbitrum’s Orbit stack to deliver fast, low-cost transactions tailored for game economies. It enables developers to deploy customizable gaming chains while benefiting from Ethereum’s security and Arbitrum’s scalability.
Key highlights:
- Token Name: XAI
- Max Supply: 2,500,000,000 XAI
- Initial Circulating Supply: ~277 million (11.08%)
- Mining Allocation: 75,000,000 XAI (3% of total)
- KYC Required: Yes
- Smart Contract: Verified and published
👉 Discover how emerging blockchain projects like Xai are shaping the future of decentralized gaming.
🛠️ How to Participate in XAI Mining
Users can begin staking BNB, FDUSD, or TUSD starting January 5, 2024, at 08:00 (UTC+8) via Binance Launchpad. The mining period lasts until January 9, 07:59 (UTC+8).
Mining Pool Distribution
| Pool | Total XAI Available | Allocation |
|---|---|---|
| BNB Pool | 60,000,000 XAI | 80% |
| FDUSD Pool | 7,500,000 XAI | 10% |
| TUSD Pool | 7,500,000 XAI | 10% |
Each pool has hourly hard caps:
- BNB Pool: 62,500 XAI/hour
- FDUSD Pool: 7,812.5 XAI/hour
- TUSD Pool: 7,812.5 XAI/hour
Daily Mining Allocation (UTC Time)
From January 5 to January 8:
- Daily Total: 18,750,000 XAI
- BNB Daily: 15,000,000 XAI
- FDUSD Daily: 1,875,000 XAI
- TUSD Daily: 1,875,000 XAI
Note: UTC daily windows translate to 08:00:00 to 07:59:59 (UTC+8). Binance takes random snapshots hourly to calculate average holdings and distribute rewards accordingly.
💡 Key Features & User Benefits
Flexible Staking Options
You can allocate funds across multiple pools but cannot stake the same asset in more than one pool simultaneously (no dual mining). However:
- Move assets freely between pools at any time.
- Withdraw earned XAI rewards hourly to your spot wallet.
- View real-time APY updates per pool.
Automatic Participation for BNB Holders
If you hold BNB in:
- BNB Flexible Savings
- BNB Locked Staking
Your BNB will automatically join the XAI mining event without manual action.
⚠️ Exception: BNB used as collateral for flexible loans will not earn mining rewards.
Continued BNB Utility
Staked BNB retains full eligibility for:
- Airdrops
- VIP tier calculations
- Launchpad participation
- Other BNB utility benefits
📈 When Does XAI Go Live on Spot Markets?
Xai (XAI) will officially list on January 9, 2024, at 18:00 (UTC+8) with the following trading pairs:
- XAI/BTC
- XAI/USDT
- XAI/BNB
- XAI/FDUSD
- XAI/TUSD
- XAI/TRY
Trading follows the Seed Tag rules, meaning only users who participated in mining or meet specific criteria may trade during the initial phase.
❓ Frequently Asked Questions (FAQ)
Q1: Can I stake the same asset in multiple pools?
No. You cannot stake the same token (e.g., BNB) in more than one pool at once. However, you can move your assets between pools anytime during the event.
Q2: How are rewards calculated?
Binance takes multiple random snapshots each hour to determine your average balance in a pool. Rewards are distributed hourly and can be withdrawn instantly to your spot account.
Q3: Do I need KYC to join?
Yes. Only users who have completed identity verification (KYC) and are not located in restricted regions can participate.
Q4: What happens when a pool runs out of XAI?
Once all tokens in a pool are mined, remaining staked assets and unclaimed rewards will be automatically returned to your spot wallet.
Q5: Will my BNB in savings accounts auto-participate?
Yes. BNB held in Flexible Savings or Locked Staking will automatically contribute to the BNB mining pool unless used as loan collateral.
Q6: Which countries are excluded from participation?
Restricted jurisdictions include:
- United States and its territories
- Canada
- Japan
- Iran
- North Korea
- Crimea region
- Syria
- Zimbabwe
- Ukraine (non-government-controlled areas)
And others subject to regulatory compliance.
Listings may change based on evolving regulations.
🎮 Why Xai Matters in Blockchain Gaming
Xai addresses two major pain points in web3 gaming: high transaction costs and poor scalability. By building on Arbitrum L3, it offers:
- Sub-second finality
- Low gas fees denominated in stablecoins
- Developer incentives and grants
- Interoperability with Ethereum and Arbitrum ecosystems
This positions Xai as a strong contender in the race to onboard mainstream gamers into decentralized applications.
👉 Explore how Layer-3 solutions are transforming blockchain gaming performance and accessibility.
✅ Tips for Maximizing Your Mining Rewards
- Start Early: Higher participation later in the event may dilute hourly rewards.
- Monitor APY Changes: As more users join, returns may decrease—adjust allocations if needed.
- Use Auto-Renewable Products: Ensure your BNB is in eligible savings products to avoid missing out.
- Stay Within Limits: Each pool has hard caps; exceeding them won’t increase your share.
- Withdraw Frequently: Claim hourly rewards regularly to minimize exposure post-mining.
🔗 Official Resources
For deeper insights into Xai’s technology and roadmap:
⚠️ Important Disclaimers
Digital assets are subject to high market volatility. Investment value may fluctuate, and losses are possible. This article does not constitute financial advice. Always conduct independent research and consult a professional before making investment decisions.
Binance reserves the right to amend or cancel this event at any time without prior notice. Participation is governed by local laws and platform terms.
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