Xdai

About Xdai

xDai (STAKE) is a dual-token blockchain ecosystem designed for fast, low-cost everyday payments and transactions. The xDai token maintains a stable value pegged to the US Dollar, making it practical for real-world use, while STAKE serves as the governance and staking token securing the network. Built on a proof-of-stake consensus mechanism, the chain offers near-instant transaction finality with minimal fees. xDai operates as an Ethereum sidechain, maintaining compatibility with the broader Ethereum ecosystem and later merged into the Gnosis Chain, expanding its utility and community governance capabilities.