Saturday, June 7, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

Xandeum Launches XAND Token and Solana Storage Scaling Solution

October 31, 2024
in Ethereum
Reading Time: 2 mins read
0 0
A A
0
Home Ethereum
Share on FacebookShare on TwitterShare on E Mail


On October 29, Xandeum will introduce its much-anticipated XAND token and launch its progressive storage-enabled liquid staking program, xandSOL LST. The occasion marks a major milestone for Xandeum, a Solana-focused storage scaling answer that seeks to redefine how decentralized storage helps dapps and scaling on the Solana blockchain.

XAND Token Launch and Airdrop

The XAND token launch will start at 16:00 UTC, opening new avenues for neighborhood members to have interaction with the Xandeum ecosystem. Alongside the launch, Xandeum will conduct its first airdrop, distributing 60 million XAND tokens to eligible customers. Main exchanges, together with Raydium and MEXC, are already on board to help this launch, enhancing accessibility for the broader crypto neighborhood.

DAO Governance and Staking Rewards

Xandeum’s ecosystem is powered by a DAO, granting XAND token holders full governance rights over the platform’s storage options and staking mechanisms. Via the storage-enabled liquid staking platform, early stakers of SOL will earn vital rewards, receiving as much as 10 instances extra XAND tokens throughout what Xandeum calls the “hyperdrive stage”—the interval the place the pool stays underneath 30,000 SOL. Moreover, the liquid staking platform leverages a multi-validator method, offering stakers with programmatically distributed block rewards, a primary on Solana.

Scaling Options for Knowledge-Heavy Dapps

Past staking, Xandeum’s breakthrough lies in its scalable, good contract-native storage layer, which is built-in straight with Solana RPC nodes. By offloading information storage to a community of decentralized pNodes, Xandeum gives Solana dapps almost limitless storage capability, supporting decentralized purposes that require huge quantities of knowledge. This performance will allow decentralized variations of data-rich Web2 purposes, such because the upcoming dapp, Xandipedia—a completely decentralized model of Wikipedia.

Xandeum’s progressive method guarantees a brand new period of scalable, decentralized storage options throughout the Solana ecosystem, setting a brand new commonplace for blockchain information storage.

For additional particulars, go to Xandeum.



Source link

Tags: launchesScalingSolanaSolutionstoragetokenXANDXandeum
Previous Post

FTX’s house of horrors: who’s next

Next Post

Blockchain Association slams SEC enforcement actions under Gensler for stifling growth

Related Posts

Trump–Musk feud becomes memecoin meta, leads to surge in trading volume
Ethereum

Trump–Musk feud becomes memecoin meta, leads to surge in trading volume

June 7, 2025
Ethereum’s Impending Breakout From Key Chart Pattern Teases A Major Rally To $12,000
Ethereum

Ethereum’s Impending Breakout From Key Chart Pattern Teases A Major Rally To $12,000

June 6, 2025
Hong Kong readying to legalize Bitcoin and crypto derivatives in push for Web3 leadership
Ethereum

Hong Kong readying to legalize Bitcoin and crypto derivatives in push for Web3 leadership

June 5, 2025
Ethereum and XRP steals spotlight in daily gains after Bitcoin reclaimed $106k
Ethereum

Ethereum and XRP steals spotlight in daily gains after Bitcoin reclaimed $106k

June 4, 2025
Ethereum Foundation Treasury Policy | Ethereum Foundation Blog
Ethereum

Ethereum Foundation Treasury Policy | Ethereum Foundation Blog

June 5, 2025
Enterprise Ethereum Alliance Accelerates Strategic Vision with New Leadership and Board Appointments – Enterprise Ethereum Alliance
Ethereum

Enterprise Ethereum Alliance Accelerates Strategic Vision with New Leadership and Board Appointments – Enterprise Ethereum Alliance

June 4, 2025
Next Post
Blockchain Association slams SEC enforcement actions under Gensler for stifling growth

Blockchain Association slams SEC enforcement actions under Gensler for stifling growth

Barbara Corcoran Shares the Best Time of Day to Make a Deal

Barbara Corcoran Shares the Best Time of Day to Make a Deal

Contact Centers in AI-Driven Customer Experience

Contact Centers in AI-Driven Customer Experience

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In