XBANKING DAO Tokenomics using the XB token.

XBANKING
3 min readMay 1, 2023

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The XB token manages all XBANKING DAO management solutions to ensure its long-term stability and decentralized decision-making to promote the growth of fair, reliable and transparent staking.

XB, the XBANKING DAO management token, is up and running.

The XB contract address can be found here:

https://etherscan.io/token/0x33e80a92a9ea73dd02f6e732d1702d58c68388ca

Anyone can make suggestions on how the XB tokens can be used. If you have any initiatives that you think would benefit XBANKING, please share your thoughts on our platform.

XBANKING is a DAO community that creates a staking service for various blockchain networks. XBANKING allows users to place their tokens in a transparent and non-storage related way on a blockchain network to contribute to the stability of these blockchain ecosystems.

The XBANKING staking platform was created as a DAO in order to maintain the ability to upgrade and stability while maintaining a decentralized infrastructure.

The members of the XBANKING DAO are responsible for managing XBANKING in order to maintain its continued effectiveness and contribute to the overall growth of the community.

The DAO is the most optimal structure for XBANKING.

Our mission of the XBANKING DAO is to distribute all decision-making power to create a robust staking service built on community growth and self-sufficiency.

This is accomplished through the XB management token.

The launch of XB is an important step toward achieving this goal, encouraging decentralized ownership and facilitating the development of a distributed independent governance structure that will lead the XBANKING DAO.

To have a vote in the XBANKING DAO and to contribute to the determination of any of the topics outlined above, you must have an XB management token. XBANKING gives DAO members a vote, allowing each DAO member to have a personal say in the community.

The weight of a vote in an XBANKING DAO is proportional to the amount of XB the voter owns. The more XB a user has, the more decision-making power the voter has. The exact XB voting mechanism can be upgraded in the same way as other DAO applications.

The XB token will be used in all current and future DAO voting, sharing profits from staking services and receiving various XBANKING DAO bonuses.

Distribution of XB tokens

After the launch of XBANKING DAO, 10,500,000 XBANKING DAO tokens were issued.

The distribution of these tokens is as follows:

  • 4.76% (500,000 XB) was sold to the project community.
  • 4.76% (500,000 XB) was placed for staking.
  • 90.48% (9,500,000 XB) is in the public sale.

What privileges do you get as an XB token holder?

  • Placement of XB tokens on the xbanking.org platform in staking at a high APR.
  • Airdrops of tokens listed for stacking on xbanking.org. Other bonuses.
  • You will receive a portion of the profits from the XBANKING platform’s steaking services in USDT tokens.
  • Influence the management of XBANKING through participation in DAO.
  • Good profits from XB token price growth.

So, buying XB token is an integral part of building your cryptocurrency portfolio.

Learn more about XBANKING: xbanking.org, twitter.com/strongbuycrypto, t.me/xbanking, t.me/xbankingcommunity.

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XBANKING

Staking. Restaking. Liquid & CLMM pools. XBANKING is a non-custodial platform lets you effortlessly stake on 140+ tokens. https://xbanking.org