How to Earn XSAT through Delegation on the exSat Network?
The distribution of XSAT tokens will be synchronized with the mining of new Bitcoin blocks. Inspired by the foundational model of Bitcoin, exSat goes further by creating an ecosystem that integrates staking, validation, and decentralized participation. For small BTC holders, there may not be enough BTC to create a node, but retail investors can delegate their BTC to nodes and earn XSAT as a share of the rewards paid to validators. This provides BTC holders with a way to accumulate XSAT without needing to sell their BTC, while also supporting the exSat ecosystem and offering passive income opportunities.
This delegation staking model incentivizes investors to lock up their BTC, contributing to the overall security and decentralization of the network. By delegating BTC to validators, investors can participate in the growth of the exSat network and earn XSAT rewards without directly engaging in operations.
For those looking to familiarize themselves with the system before the mainnet launch, you can now participate in the community's pioneer incentive program, conducting delegation staking experiments using the testnet and faucet: exSat Testnet. After completing interactive tasks and accumulating over 100 points, you can participate in sharing the BTC reward pool. This activity will continue until the end of October.
Delegation staking will go live after the exSat mainnet launches on October 23, once the underlying consensus is operating normally.