Home
/
Technology updates
/
Cryptocurrency development
/

Introducing xl1: the new token in xyo's dual economy

New Token at the Center of Controversy | XL1 vs. XYO

By

Kimberly Lee

Apr 16, 2025, 10:37 AM

Updated

Apr 17, 2025, 12:10 PM

Quick read

Visual representation of XYO's gas token XL1 with symbolic graphics

A growing coalition of people is pushing back against the recent announcement of XL1 as a new token in XYO's ecosystem. The introduction aims to serve as a gas token, yet many are questioning its potential impact on the existing XYO token.

Context of the Announcement

The introduction of XL1 has ignited hot debates in the crypto community. Sources confirm the aim is to enhance the XYO network's functionality. However, skepticism runs high regarding whether a proof of stake model would have been a better fit, especially with inflationary and deflationary mechanics mentioned in user discussions.

"New coin to shill to customers and then repeat, it's so obvious," remarked a concerned commenter, emphasizing distrust among the people.

User Sentiments Reflecting Doubts

Negative Feedback: The overall sentiment leans negative, with people expressing disappointment:

  • "Shit is dead. Pulling out the same strategy as MULN"

  • "We gonna wait a long time before XYO gets its rocket," noted one individual, cementing the frustration shared among many.

Mixed Reactions: While some welcomed a 1% increase in the value of XYO, others feel that the news lacks depth:

  • "I think that +1% is a hell of a move for this kind of news!" adds a positive spin, though many aren't convinced.

Key Points to Consider

  • πŸ”» Many people are skeptical about XL1, fearing it’s just another gimmick.

  • βœ… A fraction believe these changes could rekindle interest in XYO, noting the recent uptick in its value.

  • πŸ“‰ The demand for more transparency in development persists, reflecting a need for clearer communication from the project team.

Is XL1 the Solution for XYO?

As the debate unfolds, users speculate about the XL1/XYO relationship. One forum post pointedly asks, "If you want to understand the XL1/XYO relationship, go to the source?" This highlights the growing need for clarity around the announcement.

With ongoing discussions and speculation, the community is left wondering: Will XL1 provide the boost that XYO desperately needs, or will it simply be another false start? Stay tuned for further updates.