The Xai (XAI) gaming network has been online at an incredible speed since 2024. Xai is about to launch the staking V2 version. This new feature will allow XAI token holders to convert and stake their XAI into the staking pool to earn base rewards and third-party game rewards.
The Xai community builds a diverse gaming entertainment portfolio and drives the web3 industry forward.
Xai Staking Pools Release (Staking V2)$XAI
Instructions on how to participate in the #Xai质押Xai staking pool:
The launch of the Xai Staking Pool on the XAI blockchain will be synchronized with the introduction of staking pools. These pools will enable esXAI holders and key holders to merge their assets, stake together, and receive a greater probability of rewards.
This article divides the Xai Staking Pools functions into three parts:
Creating a Pool
Staking with a mining pool
Accumulated pool rewards
Creating a Pool
Any KYCed Sentry Key holder can create a pool. Let’s walk through how to create a pool for someone without a key to ensure inclusivity of all potential pool owners. Pool owners should carefully consider the reward split between themselves, key holders, and esXAI holders in the pool. It is critical to ensure that both key holders and esXAI holders have sufficient incentives to stake and provide a competitive reward split.
Buy Sentry Keys at https://sentry.xai.games/
Download the operator client from https://xai.games/
Install the operator client and complete KYC using a wallet that owns the keys.
Pass KYC.
Go to app.xai.games and connect the wallet that holds your Sentry Key.
Click "My Pool" in the left navigation.
Click the Create Pool button.
Enter your pool's information and settings:
Pool Name: Name your pool, preferably after your brand or project on XAI for easy discovery.
Pool Description: Provide a brief description explaining who/what you are and why people should stake with you.
Delegate Address: This is the wallet address that can run a node operator for all the keys in the pool and is critical to ensuring uptime and participation assertions.
Pool Logo: Provide the URL of the pool logo as it is stored in the pool metadata on-chain.
Token Tracker Name and Code: The name and code of the staked token given to stakers. The staked token is a non-transferable ERC20 token that represents a user's stake in your pool. It will be destroyed when a user unstakes.
Token tracker names and tickets will appear on tools like Arbiscan, so it is important to tag them to your pool.
Rewards breakdown: Percentage allocated for yourself, keys, and esXAI.
When determining the owner's reward percentage, consider the gas cost of operating all keys in the pool.
Owners’ shares will be capped
Key shares will be capped
esXAI shares will be capped
Social: Include links to your social media platforms for a professional look and to communicate with your equity community.
Website, Twitter, Telegram, Discord links.
Select the number of keys to put into your pool (minimum 1).
Confirm and sign the wallet transaction - you will need some Arbitrum ETH to pay for gas.
Congratulations! Your pool has been created. Now anyone can find it at app.xai.games/staking to stake their keys or esXAI.
Staking using a stake pool
If you wish to stake your keys or esXAI to a pool to earn rewards, you can browse the staking pools at app.xai.games/staking. Each pool lists the rewards for staking esXAI and keys. Follow the steps below to stake in a pool:
Connect the wallet that holds the esXAI and/or Sentry Keys you wish to stake.
Search for the desired pool.
Click the pool to open its details screen.
Click the Stake button for the key component or esXAI component.
Set your stake amount. There is no minimum, but the pool has a cap on the staked capacity of both keys and esXAI.
Confirm the amount and sign the transaction - you will need some Arbitrum ETH to pay for gas fees.
Congratulations! You have successfully joined the mining pool.
Jackpot
After staking Keys and/or esXAI, you may be wondering how rewards accumulate and when you can claim them. Here are the details:
A network challenge occurs and the judges decide which Sentry Keys can participate.
Referees evaluate the staked esXAI in each pool to determine the pool’s rank.
The referee applies the tier’s reward odds to each key in the pool to determine if they can generate a reward from asserting.
Node operators will submit assertions for any keys that are able to generate rewards.
For example, if the referee decides that three keys in your pool win:
The pool owner commits assertions of these keys in a single transaction.
The rewards for these assertions will be claimed after 1 hour.
Pool owners can receive esXAI rewards for winning keys in a single transaction.
Batch claiming can save gas, especially when there are more keys in the pool, as up to 100 keys can be included in a single batch claim transaction.
The claimed esXAI rewards will be distributed among pool owners, key stakers, and esXAI stakers according to the pool’s reward breakdown.
Stakers can claim their share of rewards from the pool list at https://app.xai.games/staking
Stakers can claim their rewards at the gas-optimal time
Through the pooling model, XAI ensures that all participants have sufficient incentives to participate:
Key holders can benefit from esXAI owned by others and increase their reward probability through staking tiers.
esXAI holders will receive a portion of the key rewards in exchange for staking esXAI to achieve these tiers.
Pool owners are rewarded for operating keys, ensuring uptime, and marketing their pool to attract more participants.
XAI's goal is to maximize the number of staking participants, thereby demonstrating strong participation in the blockchain. In the eyes of the community, staking participation is a strong validator, and as the number of participants and the staking ratio increase, the blockchain becomes more attractive to the project.
Please note that this blog post is for informational purposes only and should not be considered investment advice or other recommendations. Staking comes with risks and you should consider them yourself before choosing to stake any assets. All staking activities are subject to our terms and conditions, which will be updated from time to time.
