esXai Token’s Utility & Purpose
Last updated
Last updated
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.