- Introducing Xandeum's Storage Technologies
- New Liquid Staking Platform
- Innovations in the Solana Ecosystem
At the upcoming Solana Breakpoint 2024 conference in Singapore, Xandeum will unveil its latest developments for scaling the Solana storage system. The company will also announce the launch of its storage-enabled liquid staking program and the new XAND token.
Introducing Xandeum's Storage Technologies
Xandeum has developed a new data storage layer that allows dApps to scale by accessing virtually unlimited storage. This technology will significantly expand applications on the Solana network by introducing a 'hard drive' for the 'world computer'.
New Liquid Staking Platform
At Breakpoint 2024, Xandeum will announce the launch of the liquid staking platform, slated for October 29, 2024. The platform will capture future storage fees for xandSOL stakers, with early participants eligible for up to 10x rewards.
Innovations in the Solana Ecosystem
Xandeum's developments will address current data storage issues in Solana, known as 'accounts,' which are insufficient to hold even a few gigabytes per dApp. Xandeum Labs has raised $2.8 million for its scaling solutions, supporting a new wave of scalable web3 dApps while maintaining Solana's security and decentralization.
Xandeum's introduction of a new storage layer will significantly enhance the Solana ecosystem, fostering the growth and development of web3 applications.
Comments