Las Vegas, USA, October 29, 2024, Chainwire

Xandeum, the Solana storage scaling resolution, has confirmed particulars of its upcoming token launch and storage-enabled liquid staking program. On October twenty ninth at 16:00 UTC, the XAND token will likely be formally launched, giving the Xandeum group a option to take part within the community and earn rewards.

The launch of XAND tokens and LST will likely be accompanied by the primary Xandeum airdrop, the place 60 million tokens will likely be issued to eligible customers on October twenty ninth. A lot of centralized and decentralized exchanges are working to assist the launch of XAND tokens, together with Raydium and MEXC.

Xandeum DAO is a option to energy each the Xandeum scalable storage layer that we’re at present constructing and the storage-enabled liquid staking resolution that may launch on October twenty ninth. DAO captures each of those. It is a distinctive characteristic amongst such platforms. The XAND token gives full governance over the DAO, making XAND one of the crucial utility-rich tokens in Solana.

XAND Rewards for SOL's preliminary stakers on the storage-enabled Liquid Staking platform at https://stake.xandeum.community will earn XAND Rewards boosted by 10x. This gives you an incredible quantity of XAND rewards throughout the Hyperdrive stage (outlined as the subsequent stage). The quantity staked within the pool is lower than 30,000 SOL. LST additionally has one other main innovation. That is the primary multi-validator LST on Solana to share block rewards programmatically.

Xandeum's upcoming storage resolution will permit Dapps to scale Solana applications by giving them entry to exabytes of knowledge. This helps new use instances, comparable to porting a data-rich Web2 app to a totally decentralized Web3 model. Xandeum solves the trilemma of blockchain storage whereas being scalable, random entry, and good contract native. To exhibit these capabilities, a dapp named Xandipedia, a totally decentralized model of Wikipedia, has been developed.

Xandeum's good contract-native scalable storage layer is designed to combine immediately into Solana RPC nodes. Information storage is offloaded to a community of distributed pNodes (storage supplier nodes) monitored by Xandeum-enabled Solana validation nodes. This provides Solana dapps entry to just about limitless storage that may be rapidly queried whereas sustaining a excessive diploma of decentralization.

About Zandium

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 on monitor to launch its storage supplier community in early 2025, delivering a breakthrough in decentralized Solana storage that may energy a brand new wave of DAPPs.

be taught extra:

https://www.xandeum.community

contact

founder
Bernie Bloom
Zandium Analysis Institute
(electronic mail protected)