Dear Users,
Binance New Coin Mining has introduced its 43rd project—Xai (XAI), the first gaming blockchain built on Arbitrum L3.
Mining Overview
- Start Date: January 5, 2024 (08:00 UTC+8)
- Supported Tokens: BNB, FDUSD, TUSD
- Mining Duration: 4 days
- Total Rewards: 75,000,000 XAI (3% of total supply)
👉 Maximize your rewards with strategic token allocation
Token Listing
- Listing Date: January 9, 2024 (18:00 UTC+8)
- Trading Pairs: XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, XAI/TRY
- Seed Tag Rules Apply
Project Details
- Token Name: Xai (XAI)
- Max Supply: 2,500,000,000 XAI
- Initial Circulation: 277,118,150 XAI (~11.08% of total supply)
- Smart Contract: XAI Token (XAI)
- KYC Required: Yes
Mining Pools
| Pool | Allocation (%) | Rewards | Hard Cap/Hour |
|------------|----------------|---------------|---------------|
| BNB | 80% | 60,000,000 XAI| 62,500 XAI |
| FDUSD | 10% | 7,500,000 XAI | 7,812.5 XAI |
| TUSD | 10% | 7,500,000 XAI | 7,812.5 XAI |
Mining Period: January 5, 08:00 UTC+8 – January 9, 07:59 UTC+8
Key Notes
- Rewards update hourly and can be claimed anytime.
- BNB in Binance Earn products will auto-participate.
- No multi-pool staking; assets are flexibly transferable.
👉 Learn how to optimize your mining strategy
Restrictions
Users from the following cannot participate:
- Belarus, Canada, Cuba, Crimea, DR Congo, Iran, Japan, New Zealand, Netherlands, North Korea, South Sudan, Syria, USA (including territories), Zimbabwe, Ukrainian non-government-controlled regions.
FAQ
1. What is Xai (XAI)?
XAI is a gaming-focused blockchain leveraging Arbitrum L3 for scalable in-game transactions.
2. How are rewards calculated?
Binance takes hourly snapshots of your holdings to determine average balances and distribute rewards proportionally.
3. Can I use locked BNB for mining?
Yes, BNB in Earn products automatically joins the mining pool.
4. Are there withdrawal limits?
No, but each pool has hourly hard caps (see table above).
5. When will rewards be distributed?
Rewards accrue hourly and can be claimed to your spot account at any time.
6. What happens after mining ends?
Unclaimed rewards and staked assets return to your spot account automatically.
Disclaimer:
Cryptocurrency investments are volatile. Binance isn’t liable for financial losses. Consult a financial advisor before investing.
For updates, visit Xai’s official website.