Xandeum wraps up Solana staking program with 205M XAND distributed in rewards
Xandeum has wrapped its six-week liquid staking program with a bunch of solid benchmarks. Distributing 205 million XAND tokens in rewards, the program saw more than 68% of available XAND staked by users, who were able to earn a 16% APY. Xandeum’s liquid staking program was able to achieve this level of APY through a quadruple rewards system that includes staking rewards, MEV rewards, block rewards, and XAND incentives. By distributing these rewards equitably, Xandeum has shown that there’s scope for liquid staking to grow on Solana and become a mainstay of its decentralized finance economy. Picks for you Bitcoin pumped to $106,000 on Sunday; Is a crash bound for Monday? 17 mins ago 'We are in a 2-5 year shot clock’ to crack Bitcoin, wa...