What is XOXNO Staked EGLD (XEGLD)

Start learning about what is XOXNO Staked EGLD through guides, tokenomics, trading information, and more.
xEGLD is a derivative token of EGLD, created by XOXNO on the MultiversX blockchain. It functions as a liquid staking solution, enabling users to stake any amount of EGLD and participate in the network’s proof-of-stake consensus without traditional staking limitations. Users receive xEGLD tokens upon staking, which represent their staked assets. These tokens remain liquid, allowing trading, lending, or use in DeFi strategies like liquidity provision within the MultiversX ecosystem. The project enhances network security while offering flexibility and access to decentralized finance opportunities for users.
Tokenomics describes the economic model of XOXNO Staked EGLD (XEGLD), including its supply, distribution, and utility within the ecosystem. Factors such as total supply, circulating supply, and token allocation to the team, investors, or community play a major role in shaping its market behavior.
XOXNO Staked EGLD TokenomicsPro Tip: Understanding XEGLD's tokenomics, price trends, and market sentiment can help you better assess its potential future price movements.
Building on tokenomics and past performance, price predictions for XEGLD aim to estimate where the token might be headed. Analysts and traders often look at supply dynamics, adoption trends, market sentiment, and broader crypto movements to form expectations. Did you know, MEXC has a price prediction tool that can assist you in measuring the future price of XEGLD? Check it out now!
XOXNO Staked EGLD Price PredictionThe information on this page regarding XOXNO Staked EGLD (XEGLD) is for informational purposes only and does not constitute financial, investment, or trading advice. MEXC makes no guarantees as to the accuracy, completeness, or reliability of the content provided. Cryptocurrency trading carries significant risks, including market volatility and potential loss of capital. You should conduct independent research, assess your financial situation, and consult a licensed advisor before making any investment decisions. MEXC is not liable for any losses or damages arising from reliance on this information.
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