twitter

website

github

discord

Blockchains (L3)

# XAI Token incentives Methodology

## 1. Overview

Token incentives represents the daily USD value of XAI tokens distributed as rewards to validators on the Xai network. This metric captures the total incentive payments made by the protocol to validators who participate in the network's consensus mechanism. The calculation aggregates both individual and batch reward distributions from Xai's Referee contract deployed on Arbitrum.

## 2. Data sources

- **Arbitrum blockchain event logs**: Parsed event logs from Xai's Referee contract containing validator reward distributions
- **XAI reward events**: Two specific event types capturing validator incentives:
  - `RewardsClaimed` events for individual validator reward claims
  - `BatchRewardsClaimed` events for bulk reward distributions to multiple validators
- **End-of-day token price feeds**: XAI token prices for USD conversion
- **Token metadata**: XAI token contract information and decimal precision data

## 3. Step-by-step calculation

### Component A: Individual validator rewards
- **Purpose**: Captures individual validator reward claims from the Xai network
- **Logic**: Extracts `RewardsClaimed` events from Xai's Referee contract on Arbitrum. Each event represents a single validator claiming their earned rewards. The `amount` field contains the raw XAI token amount distributed to the validator. Events are filtered to include only those up to the analysis cutoff date.
- **Key fields**: `amount` contains the raw XAI token reward value, `block_timestamp` provides event timing, `transaction_hash` and `log_index` ensure unique event identification

### Component B: Batch validator rewards  
- **Purpose**: Captures bulk reward distributions where multiple validators receive rewards in a single transaction
- **Logic**: Extracts `BatchRewardsClaimed` events from the same Referee contract. These events represent batch processing of multiple validator rewards for efficiency. The `totalReward` field contains the aggregate XAI token amount distributed across all validators in the batch. Events are filtered to the same time boundary as individual rewards.
- **Key fields**: `totalReward` contains the total XAI token amount for the batch distribution, timing and identification fields match the individual rewards structure

### Component C: Reward consolidation
- **Purpose**: Combines both individual and batch reward distributions into a unified dataset
- **Logic**: Unions the individual and batch reward events with standardized schema mapping. All records are classified as Arbitrum chain, blockchains layer 3 market sector, and blockchain business segment. The XAI token contract address is hardcoded to ensure consistency. Raw token amounts are cast to high-precision numeric format to preserve accuracy.
- **Key fields**: Standardized `amount` field contains XAI token values, `chain` identifies Arbitrum, `token_address` specifies the XAI contract address, classification fields provide business context

### Final aggregation
- **Combining components**: Individual and batch rewards are combined through union operation, creating a complete view of all XAI token incentive distributions
- **Currency conversion**: Raw XAI token amounts are converted to USD using end-of-day price feeds, with automatic decimal correction applied based on token metadata to ensure proper scaling
- **Time aggregation**: Event timestamps are truncated to daily boundaries, with all rewards for each day aggregated into a single daily total
- **Final calculation**: The final metric value represents the total USD value of XAI tokens distributed as validator incentives each day, with gap-filling logic applying zero values for days with no reward distributions to ensure complete daily time series

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Value of native tokens distributed as incentives.

XAIXAI

Archived

Token incentives

Token incentives

Competitive landscape

Chain breakdown