Gate Simple Earn has launched the XL1 7-day fixed-term product, offering up to 500% APR. With a limited allocation of 330,000,000 XL1 available on a first-come, first-served basis, don’t miss out.
- For rules on subscription, redemption, and interest distribution, please refer to the subscription page.
Project Overview
XL1 is the utility token of XYO Layer One, the first scalable data blockchain that brings verifiable information on-chain. XL1 pays gas and transaction fees (with a portion burned by activity), powers smart contracts, dApps, and validator rewards, enables bridging/wrapping to other chains, and incentivizes participation via staking and step-based rewards. The ecosystem is dual-token: XL1 runs the chain; XYO powers the contributor network—rewards, staking, governance, and security. XYO’s DePIN, trustless oracle of 10M+ nodes, plus Proof of Location and Proof of Origin, delivers trusted data for AI, RWA, geospatial intelligence, and location-based gaming.
Notes
- Interest will be distributed in XL1, and users can check details through [Investment History] - [Fixed Term] - [Interest].
- To ensure fairness, any cheating during the event will result in immediate disqualification.
- Risk Warning: Please be aware that cryptocurrency trading is influenced by market conditions, regulations, and other factors. The market can be highly volatile and price movements are unpredictable. Always stay cautious and trade responsibly.
- Disclaimer: Users in the UK and other restricted areas cannot participate in this event. (please refer to the User Agreement for details on restricted regions.)
Gate Team
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