XL1 Token
The XL1 Token ($XL1) is a new token launched in 2025 by the XYO team as part of the rollout of XYO Layer One, a blockchain designed to support the XYO ecosystem. $XL1 is on the XYO Layer One blockchain. It serves as the gas token of the XYO Layer One blockchain and plays a critical role in powering transactions, rewarding staking participants, and enabling decentralized applications across the network.
When Was $XL1 Launched?
Announced: Early 2025
Mainnet Launch: September 2025
Supply: $XL1 will have a TGE during the Genesis Era
The XL1 Token was introduced as part of a broader initiative to improve the scalability, utility, and sovereignty of the XYO ecosystem through a dedicated blockchain infrastructure.
What Does the XL1 Token Do?
$XL1 is the core utility token for XYO Layer One and is used to:
Pay gas fees for on-chain transactions
Power smart contracts and decentralized applications
Reward participants inside the blockchain who maintain or contribute to the network
Enable low-cost, high-frequency interactions across the ecosystem.
How Does $XL1 Relate to the XYO Token?
While $XYO remains the staking and security token of the ecosystem, $XL1 is focused on utility and throughput. Together, they form a dual-token model:
XYO: Used for staking, governance, and securing the network
XL1: Used for gas, smart contracts, and incentivizing participation
This separation allows XYO to maintain long-term value while $XL1 handles the dynamic needs of a growing Layer One blockchain.
Who Uses $XL1?
Developers building on XYO Layer One
Users performing transactions or interacting with smart contracts
Partners integrating geospatial data and decentralized infrastructure
COIN App users exploring the new features enabled by XYO’s blockchain ecosystem
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