Cryptocurrency exchange Binance announced on Wednesday, the 3rd, the launch of the 43rd phase of its new coin mining project, Xai (XAI) – the first gaming blockchain built on Arbitrum L3. The total supply of its native token, XAI, is 2.5 billion, with 3% of the total supply allocated to Binance Launchpool (75 million tokens).
Binance users can deposit BNB, FDUSD, and TUSD into the XAI mining pool on the Launchpad website starting from 8:00 on January 5, 2024 (Taiwan time) to receive XAI token rewards. The mining period will last for 4 days until 07:59 on January 9, 2024.
On January 9, 2024, at 18:00, Binance will list the XAI token and open trading markets for XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY.
For more information about the project and details of the new coin mining activity, please refer to the Binance announcement and the official Xai X account.