Today, we are delighted to release the Xyxyx Launchpad v3.1, introducing the execution of XIP-1 through the implementation of Xyxyx Issuer Nodes (XINs).

On September 8th, Xyxyx DAO passed XIP-1, the first Xyxyx Improvement Proposal (XIP) to date. Titled “Implementation of Xyxyx Issuer Nodes (XINs)”, XIP-1 proposed the implementation of Xyxyx Issuer Nodes (XINs) in the Xyxyx Launchpad by incorporating XYXYX as nodes and a network policy dictated by Xyxyx DAO.

As proposed by XIP-1, XINs evolve XYXYX to become the core structural component of the tokenization infrastructure enabled by the Xyxyx Launchpad, which becomes run by a network of nodes. These nodes are incorporated through XYXYX and enable operators to be the only entities allowed to execute deployments on the Xyxyx Launchpad.

The policy for incorporating an XIN through XYXYX starts at a 1:1 basis: 1 XIN per XYXYX. This policy is called Node Policy (NP) and is dictated by the Xyxyx DAO; a policy designed to be a key parameter of the Xyxyx Protocol.

At a macro level, Xyxyx Launchpad v3.1 and the execution of XIP-1 through the implementation of XINs marks the next stage of the Xyxyx Protocol, materializing its complete architecture and novel scheme, which is structured upon a token (XYXYX), a tool (Xyxyx Launchpad), an entity (Xyxyx DAO), and a reserve (Treasury).

For an in-depth understanding of Xyxyx Issuer Nodes (XINs), we recommend reading our updated documentation.

Try Xyxyx Launchpad v3.1: xyxyx.pro/launchpad