Las Vegas, United States, October 29, 2024, Chainwire
storage scaling resolution Xandeum has confirmed particulars of its upcoming token launch and liquid storage program. On October twenty ninth at 16:00 UTC, the XAND token might be formally launched, providing the Xandeum neighborhood a solution to be part of the community and earn rewards.
The XAND and LST token launches might be accompanied by the primary Xandeum airdrop, the place 60 million tokens might be issued to licensed customers on October 29. Numerous centralized and decentralized exchanges have dedicated to help the launch of XAND tokens, together with Raydium and MEXC.
Xandeum DAO is the automobile that powers each the Xandeum scalable storage layer at present beneath development and the liquid storage resolution launching on October twenty ninth. The DAO captures each, a novel characteristic amongst these platforms. The XAND token affords full governance over this DAO, making XAND one of many richest tokens on Solana.
XAND rewards for early SOL stakers to the liquid storage platform at https://stake.xandeum.community will obtain 10x boosted XAND rewards, resulting in ridiculous quantities of XAND rewards throughout the hyperdrive section, outlined because the section the place the pool has lower than 30,000 staked SALT. LST additionally brings one other important innovation: It’s the first LST multi-validator on Solana that programmatically shares block rewards.
The upcoming Xandeum storage resolution will allow Solana packages to scale by enabling dapps to entry exabytes of knowledge. This may help new use circumstances equivalent to porting data-rich web2 functions to totally decentralized web3 variations. Xandeum solves the blockchain storage trilemma by being scalable, random entry, and sensible contract native. So as to display these capabilities, a dapp referred to as Xandipedia – a completely decentralized model of Wikipedia – is being labored on.
Xandeum's native scalable storage layer was designed for direct integration into Solana RPC (NYSE: ) nodes. Knowledge storage is moved to a community of decentralized pNodes (storage supplier nodes) overseen by Xandeum-enabled Solana validator nodes. This may enable Solana dapps to entry just about limitless storage that may be shortly queried whereas sustaining a excessive diploma of decentralization.
About Xandeum
Xandeum is Solana's storage scaling resolution and the world's first liquid storage platform. Powered by the XAND token, Xandeum is on observe to launch a community of storage suppliers in early 2025, bringing the breakthrough Solana decentralized storage powering the brand new wave of dapps.
Further info:
https://www.xandeum.community
ContactFounderBernie BlumeXandeum Labshiya@xandeum.com
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