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[HOST] Welcome to X1 Report, your source for blockchain news and insights. Today, we're covering

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the completion of the X1 validator airdrop, which distributed 5.39 million XNT to

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validators.

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[ANALYST] This airdrop is significant as it marks the end of the incentivized testnet rewards, plus

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a 6% staked yield, sent to operators who ran the X1 testnet before mainnet existed.

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[HOST] According to Nick Pettas, a core developer at X1 Labs, the airdrop is complete and has

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been distributed to the original withdraw addresses that received the 10% genesis airdrop.

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[ANALYST] The median address received about 8,410 XNT, with 291 addresses receiving 5,000 XNT or

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more and 197 receiving 10,000 or more. The largest single address received about 152,216

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XNT across ten validators.

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[HOST] The airdrop is worth approximately $948,000 at the current price of $0.1757 per XNT, with

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the total supply of XNT being about 3.7% in public hands.

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[ANALYST] The distribution was completed within 40 minutes, with the first payment timestamped at

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00:44 UTC and the last at 01:23 UTC on October 6, 2026.

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[HOST] Next up, the Bootstrap Bonus is coming next month, and investors can unlock their tokens

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tomorrow, marking the 12-month cliff in the X1 Labs vesting schedule.

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[ANALYST] The Bootstrap Bonus will pay on self-stake between 1,000 and 10,000 XNT for validators

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that meet the performance criteria, while investors can unlock 25% of their allocation

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after a year.

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[HOST] In the meantime, the XNT/USDC.x pool on XDEX is more active than it was two weeks ago,

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with the market maker bot generating volume and paying fees to liquidity providers.

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[ANALYST] The tracker shows that LPs earned $420.15 in fees, with 79.8% coming from the bot's

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activity. This highlights the importance of liquidity provision in earning rewards.

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[HOST] Validators can now use their airdrop funds to check their self-stake and consider adding

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liquidity to the XNT/USDC.x pool, which pays a share of every swap.

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[ANALYST] For those interested in delegating, the X1 Foundation delegation program requires a

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minimum self-stake of 5,000 XNT, with 291 addresses just receiving that much or more in

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one transaction.

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[HOST] Thank you to everyone who kept a node running during the testnet and mainnet phases. This

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airdrop marks a significant milestone for the X1 community.

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[ANALYST] Stay tuned for more updates on X1 and the broader blockchain landscape. Until next time,

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keep your nodes running and stay informed with X1 Report.