The interesting thing about $XNT, is you can’t actually get any good amount of it. Most of it is staked and getting distributed to validators.
A friend of mine tried to buy XNT for $0.35, ended up moving the price to $0.45. https://t.co/oYbGmsoS57
$XNT isn’t on any of the CEXs or even a Dexstreamer. Imagine what would happen when it gets there.
Introducing xChat -- X1's fully end-to-end encrypted messaging service secured by your wallet's private keys, check it out here: https://t.co/ztzyGFM3Hj
Introducing VERO Staking (only on #X1):
Vero is a prediction market platform. People trade on whether Bitcoin goes up or down, whether SOL hits a certain price, things like that. Every trade pays a fee. Think of it as Binary outcome DEX, settling every 15 minutes.
Half of all trading fees go to stakers.
That's the entire model. You deposit XNT, you earn a share of every trade that happens on the platform. Your share is proportional to how much you staked versus the total pool.
Current yield is running around 135% APR. This comes from real trading activity, not token emissions or inflation. More people trade, more you earn. Simple as that.
How it works in practice:
You stake 1000 XNT into a pool of 4000 XNT total. You now own 25% of the pool. Every 15 minutes, the system distributes accumulated trading fees. Your cut is 25% of whatever got distributed.
Your rewards accumulate automatically. Claim them whenever you want.
A few things worth knowing:
5% fee when you deposit. At current yields this takes about 2 weeks to earn back.
Distributions run every 15 minutes automatically. No manual claiming needed to accumulate rewards.
Your yield depends entirely on trading volume. High volume periods mean higher returns. Slow periods mean lower returns. Nothing is guaranteed.
This is DeFi. Your keys, your funds, your responsibility. The contracts are on-chain and verifiable.
Stake XNT. Earn trading fees. Withdraw when you want.
That's Vero staking. Try it today: https://t.co/xGx8VGi8iu
OpenSea has evolved.
Beta complete. Full token universe unlocked.
New rewards program live. Welcome to the new OpenSea — the best place to discover, own, and trade anything onchain.
Thrilled to welcome Greg McAdoo—longtime Sequoia partner - as an investor and board member at X1 Labs.
Greg spent over a decade at Sequoia Capital, where he led the $600K seed investment in Airbnb at pennies per share and championed Sequoia’s early backing of Y Combinator (Axios, B612). He’s served on the boards of Airbnb and other breakout technology companies, and before Sequoia he was CEO of Sentient Networks and GM at Cisco (Private Company Director).
His proven track record of identifying and scaling transformative startups will supercharge our next phase of growth. If you’re looking to partner with a team that’s rewriting decentralized finance, our door is open.
We are proud to welcome @metaplex to #X1, being the leading protocol for creating assets on @Solana with:
- $9.8B in transaction volume
- >880M in assets
- 14M tokens created
Dive into the @metaplex suite ⬇️ and start to build on @X1_chain today!