Dear UBX Users,
To enhance the UBX ecosystem and optimize user returns, we are introducing updates to the XAI dual-token staking mechanism and eUSDT release system. Details are as follows:
1. XAI Dual-Token Staking (30-Day Beta Test)
• Beta Launch Date: February 24
• Staking Asset Ratio: 30% eUSDT + 70% UBX
• Staking Rewards Paid in stXAI
• Staking Yield Rates:
- 180-day staking: 0.9% daily yield
- 360-day staking: 1.0% daily yield
Additionally, we are introducing stXAI passive yield, offering a daily interest rate of 0.1% - 0.15%.
2. eUSDT Full Release & Direct Entry into XAI Staking Mining
• Release Date: February 23-24
• Users can transfer eUSDT across the entire network.
• eUSDT can now be used for direct entry into XAI staking mining.
• Important: The daily 0.2% eUSDT release will stop on February 22.
3. Staking & Redemption Rules
• Staking Rewards: Calculated USDT-pegged XAI.
• Redemption Method: Token quantity based redemption (eUSDT portions will be redeemed as eUSDT).
• Referral Rewards: Calculated in USDT-pegged value.
• Notes:
- eUSDT is being listed in collaboration with Visionary Holdings, enabling token-equity parity.
- eUSDT will also support direct asset entry for upcoming product launches.
This upgrade marks an important milestone for the UBX ecosystem, bringing enhanced investment opportunities and ecosystem growth.
If you have any questions, feel free to reach out to us.
UBX Team
February 20, 2025