esXai Token’s Utility & Purpose

esXai is non-transferable and its utility is focused on staking for a variety of benefits.

  • esXai is used to reward Sentry node operators and provide operators with a variety of benefits.

  • Staked esXai provides the following benefits:

    • Yield Account: Operators with esXai staked in the yield account will increase their yield of esXai.

    • Culture Account: Operators can stake esXai to get access to special events and NFTs associated with games deployed to Xai Blockchain.

    • Governance Account: Operators can stake for DAO governance rights, including proposals for DAO/Foundation treasury.

  • Operators may move esXai between the three staking accounts instantly and with no penalty.

  • To unstake esXai, there is an unlock period of 30 days.

Review the roadmap to see when this functionality is available.

Last updated

#35:

Change request updated