What is Xandeum?

Xandeum is developing a decentralized storage layer tailored for the Solana blockchain, designed to address scalability challenges associated with blockchain storage. The storage solution can handle vast amounts of data, supports seamless integration with Solana’s smart contract platform, and facilitates quick data retrieval.

The project features a liquid staking pool that enables SOL holders to earn rewards from staking and storage fees. The governance token, XAND, grants holders voting rights within the Xandeum DAO, allowing them to influence the platform's direction.