#xAI Small Sentry key 🤏🔑
Unlocking the key to the airdrop battle will enter the $XAI ecosystem.
$XAI has distributed approximately $340 million in tokens this year.
Currently, there are over 12 top projects specifically allocating funds for small and OG Sentry key holders.
With a small Sentry key, we can reduce the cost of entering the Sentry key ecosystem by 100 times and airdrop 99 times the keys for every Sentry key held today.
This will be your battle pass for playing and earning rewards on $XAI. With just a small Sentry key, anyone can unlock the value stream of the rapidly expanding XAI gaming ecosystem.
Introduction: The XAI Sentry node is an observation node that monitors the Xai Rollup protocol and issues alerts when erroneous blocks are detected, facilitating intervention and correction by others.
Two, How It Works: XAI Sentry purchases the Sentry License Key (key) to register with the referee (the referee is a smart contract) to gain eligibility for issuing assertions. By obtaining the correct assertions and meeting specific conditions, one can issue statements for confirmation to request rewards from the referee. Rewards: As long as the node is running, there will be a probabilistic algorithm to determine whether the node operator will receive esXAI token rewards from the network. This algorithm can be enhanced by staking esXAI.
Three, The XAI Node Ecology is divided into two main phases:
First phase: December 7, 2023 to April 17, 2024. Users who purchased KEY in the first quarter received an airdrop of 1500 XAI for each KEY.
Second phase: April 17, 2024 - Present. Users who purchased KEY in the second quarter will also receive an airdrop, but the specific amount and snapshot time have not yet been determined. Approximately announced on November 11.
Four, Token Economics: $XAI and $esXAI
Role of XAI Token: XAI is the recording token of the Xai blockchain. It can serve as gas and can be exchanged 1:1 for esXAI.
Five, Participation Methods are divided into two types: Users who purchase nodes and complete KYC certification, esXAI holders
Data: A total of 29,888 keys and 86.88 million esXAI are currently staked, valued at approximately: $55.12 million (key value calculated according to price table)
Purchase keys to form your own pool
Six, Costs and Benefits:
1. Purchase keys to form your own pool 2. Purchase keys to participate in staking:
One key costs about 3381 U, based on the current highest yield pool, it can earn about 5125 $esxai (1110 U) in a year, requiring three years to break even.
Unstaking period: seven days (earnings continue during the unstaking period)