X staking

Staking and Governance

• Staking: Users can stake their X tokens to earn rewards. Users receive the project's governance token, XRD, by staking their X tokens as a reward. This incentivizes long-term holding and active participation in the ecosystem.

• Governance: Holding XRD tokens allows users to participate in the governance of the Xride project. This includes voting on critical decisions and contributing to the direction and development of the ecosystem.

• Airdrop Participation: Holding X tokens allows users to participate in airdrops, providing additional incentives and rewards for staying active within the Xride community.

The X token is crucial in promoting engagement, enhancing user experience, and ensuring a fair distribution of rewards among drivers, passengers, and community members.