How it Works

What is $XGAS?

$XGAS is our protocol token and plays a vital role in the XBase0 Inscription ecosystem, here’s what you need to know:

Obtaining $XGAS:

$XGAS cannot be purchased directly, but can be earned by locking your liquidity pool tokens (XBase) in our staking contract for a set period of time.

Utilities of $XGAS:

XGAS has and will have multiple utilities in our ecosystem, such as the upcoming cross-chain GAS and other features, allowing you to receive exclusive benefits and rewards.

Maximum $XGAS balance

The formula to calculate how much $XGAS you can generate per day is:

XGAS_PER_DAY = STAKED_LP * 100

Your maximum $XGAS balance can be calculated as:

MAX_BALANCE = XGAS_PER_DAY * 30

Withdrawal & Cancelling Liquidity Pair Token

Withdrawal Process: If you wish to cancel and withdraw your Liquidity Pair token, please note that you must wait for 2 days from the time you initiated the withdrawal.

Any attempt to withdraw more Liquidity Pair Tokens during the previous withdrawal cooldown period will reset the cooldown to 2 days.

However, you can cancel your withdrawal at any time and continue to generate $XGAS.

$XGAS is a valuable asset in our ecosystem, providing a unique opportunity to earn rewards and receive exclusive benefits.