Las Vegas, United States, October 29, 2024, Chainwire
Solana storage scaling resolution Xandeum has confirmed particulars of its upcoming token launch and storage-enabled liquid staking program. On October 29 at 4:00 p.m. UTC, the XAND token will formally launch, offering the Xandeum neighborhood a technique to take part within the community and earn rewards.
The launch of the XAND token and LST might be accompanied by the primary Xandeum airdrop which can see 60 million tokens issued to eligible customers on October 29. A lot of centralized and decentralized exchanges have dedicated to supporting the launch of the XAND token, together with Raydium and MEXC.
The Xandeum DAO is the car that powers each the Xandeum scalable storage layer at the moment being constructed, in addition to the storage liquid staking resolution launched on October 29. The DAO captures each, which is a singular characteristic amongst these platforms. The XAND token supplies full governance over this DAO, making XAND probably the most utility-rich tokens on Solana.
XAND rewards for early SOL gamers on the storage-enabled liquid staking platform at https://stake.xandeum.community will obtain 10x XAND rewards, leading to ridiculous quantities of XAND rewards through the hyperdrive section, outlined because the stage the place the pool has lower than 30,000 SOL staked. LST additionally options one other main innovation: it’s the first multi-validator LST on Solana that programmatically shares block rewards.
Xandeum's upcoming storage resolution will permit Solana packages to scale by permitting dapps to entry exabytes of knowledge. This can assist new use circumstances, like porting data-rich Web2 purposes to completely decentralized Web3 variations. Xandeum solves the blockchain storage trilemma, being each scalable, random entry, and good contract native. So as to reveal these capabilities, an software named Xandipedia is being developed – a completely decentralized model of Wikipedia.
Xandeum's native scalable good contract storage layer was designed to combine immediately into Solana RPC nodes. Information storage is offloaded to a community of decentralized pNodes (storage supplier nodes) overseen by Xandeum-enabled Solana validator nodes. This can permit Solana dapps to entry nearly limitless storage that may be queried shortly whereas sustaining a excessive diploma of decentralization.
About Xandeum
Xandeum is a storage scaling resolution for Solana and the world's first storage-enabled liquid staking platform. Powered by the XAND token, Xandeum is ready to launch its storage supplier community in early 2025, delivering a breakthrough in Solana decentralized storage that can energy a brand new wave of dapps.
Be taught extra:
https://www.xandeum.community
Contact
Founder
Bernie Blume
Xandeum Laboratories
(e mail protected)
