What is $XETA?

$XETA is the Primary token of the XANA ecosystem: the layer-1, metaverse, NFT ecosystem, and native GameFi. The token economy includes staking, locks, liquidity incentives, buybacks, and burns. These are driven by demand from both game play perks and value from the metaverse economy.

Where the Fees Comes From?

1. NFT Purchase

NFT purchases include Land, Avatars, Avatar wearables, game items, etc. Purchases are in credit cards or crypto from the platform.

2. NFT Launchpad

Limited NFT collaboration with Top IPs and Brands is issued regularly, with exclusive access for $XETA Staking users to participate in the prime whitelisting.​

3. Staked Game Play

In XANA Native GameFi, Players can battle against friends or match up against others. These competition runs can be done with staked governance tokens. A 2.5% fee applies to the winning pool.

4. Tournament Gaming

Players can compete for their performance on the global and regional leaderboard of XANA ecosystem games. Tournament wins unlock unique skins and get a dedicated leaderboard. Participation in the tournament requires a ticket, purchases of which feed a prize pool, with the game taking 5% of all accrued ticket fees.

5. NFT Marketplace

A 2.5% fee applies on all NFT trades on the Primary NFT marketplace, XANALIA.

How $XETA Deflates?

1. Revenue from Metaverse

  1. Buy-backs: A portion of play and protocol income is used to buy tokens on the market.
  2. Burns: Governance can vote to burn up to 25% of bought-back tokens.
  3. NFT Minting: Web2 Items in the Metaverse or game can be upgraded to NFTs by burning some tokens.

2. Revenue from Marketplace

  1. Discounts: Royalty fee is charged on the trades of game NFTs, i.e.,Wearable for the Avatars. This fee is discounted  if the player is staking a minimum amount of game tokens.
  2. Buy-backs: 50% of NFT trading fees are bought back on the market, which the DAO may vote to burn.
  3. Staking Yield: Up to 50% of NFT trading fees are available as staking rewards.

3. Stakings

  1. Staking: Staking tokens and LP tokens unlock certain NFTs such as Rare Lands.
  2. Staking Rewards: Up to 50% of market-bought passes are distributed to stakes.
  3. Locks: Staked tokens require a 14-day cool down for exiting, and bypassing this cool down carries an 18% fee on the principal stake. Half of the cool-down fees are placed into a lottery pool, divided among stakers every week.
  4. Liquidity Incentives: LP tokens staking get a 50% higher weight in staking rewards.

4. Governance

  1. $XETA will have voting power for essential changes to the ecosystem after a certain period when DAO becomes fully functional.

Incredible Demand

Token Information

XETA is the eco-stream of the XANA ecosystem, including the blockchain, metaverse, NFT products, and games/events.

Token
Allocation

Token release schedule

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XANA is AI driven Web 3.0 infrastructure custom-built for the
Metaverse. Broadly Adopted by major institutions,
local governments, and global brands.

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