XL1 (XL1)

XL1 is a native token of the XYO Layer One blockchain, designed specifically to address the challenges faced by existing blockchains when handling vast amounts of data. As a scalable blockchain, XYO Layer One (XL1) is built to support a network with over 10 million nodes, facilitating high-speed transactions and data validation. This dual-token system includes XYO, which powers the contributor network, while XL1 runs the blockchain, providing a unique approach to data management and verification.

The XYO Layer One platform leverages innovative technologies such as decentralized physical infrastructure networks (DePIN) to create a reliable ecosystem for tracking real-world events. With features tailored for applications in artificial intelligence, gaming, and digital assets, the XL1 token serves as both a utility and governance token within the ecosystem. Users can stake their XYO tokens to earn XL1, encouraging participation and engagement within this evolving network.

As the XYO ecosystem expands, various opportunities arise for developers and users alike. The XL1 token facilitates on-chain transactions, smart contract executions, and serves as gas for network operations, all within a user-friendly environment. The introduction of the XL1 Wallet enhances this experience by allowing secure management of tokens while providing seamless integration with the XYO Layer One network.