What is XL1 (XL1)?

Deep Dive

1. Purpose & Value Proposition

XL1 anchors XYO Layer One, a blockchain focused on verifying real-world data—like geospatial or supply-chain info—for AI training, RWAs, and decentralized apps. It leverages XYO’s existing DePIN network of 10M+ devices (CCN), which uses cryptographic proofs to validate data origins and locations. This addresses gaps in traditional blockchains that struggle with high-frequency, real-world data streams.

2. Technology & Architecture

The chain prioritizes scalability for data-heavy use cases, employing Proof of Location (verifies where data was collected) and Proof of Origin (tracks how it was generated). WXL1—a wrapped version of XL1—acts as a cross-chain “adapter,” letting users move value between XYO Layer One and chains like Ethereum or Solana without losing functionality (XYO Blog).

3. Tokenomics & Governance

XL1’s supply is fixed at 38B, with ~5.7B initially circulating. Users earn XL1 by staking XYO (its governance token), creating incentives to lock XYO long-term. A portion of XL1 gas fees is burned, offsetting its 0.7% annual inflation. This dual-token structure separates operational utility (XL1) from governance/security (XYO), aiming to stabilize both ecosystems.

Conclusion

XL1 is XYO’s answer to blockchain’s data-validation bottleneck, combining DePIN hardware, cryptographic proofs, and cross-chain flexibility. Its success hinges on adoption by AI/RWA projects needing auditable data at scale. Can XYO Layer One become the backbone for verifiable real-world data in Web3?