xDai Stable Token

xDai tokens are used to pay for gas and transactions on the xDai chain. They are a stable token (worth ~ 1 USD) created from locked Dai. 
xDai is the native token of the chain (like Ether on Ethereum) and does not have a contract address.
Note that xDai features a dual token model with xDai as the stable transaction currency and STAKE as the staking token which will soon be deprecated. Info on STAKE.
How to get xDai stable tokens
From another user on the Gnosis (Formerly xDai) Chain.
Converting Dai from Ethereum to xDai using the xDai Bridge.
Convert Dai from BSC to xDai using the OmniBridge. More instructions here.
Purchase directly on AscendEx (formerly Bitmax) with the xDai/USDT Pair.
Purchase directly with fiat using MtPelerin (no KYC and 0 fees)
Purchase directly with fiat using Ramp.Network​
Trade on Honeyswap (you will need a small amount of xDai to start trading).
Small amounts to pay for transactions can be acquired from the Stakely xDai Faucet or by asking Discord Community Members.
xDai Native Token
xDai is a cryptocurrency created from the MakerDAO DAI token. Dai is a stable token on the Ethereum mainnet pegged to the US dollar. xDai can be acquired by users in a number of ways (for example with a credit card) but behind the scenes it is always created from Dai, and the value of xDai corresponds 1:1 with Dai. Here's how xDai is created:
1.Dai is locked into a smart contract on Ethereum. This means it must remain in that contract and cannot be moved until the contract receives a verified signal to unlock it.
2.Using a bridge mechanism called the TokenBridge, data about the locked Dai is transmitted to a smart contract on the xDai chain.
3.The contract on the xDai chain creates (mints) the exact same amount of xDai.
4.This xDai is then usable on the xDai chain. Users only need to switch the network in their wallet, and xDai is available using the same Ethereum address.
When users want to exchange xDai for Dai, the process is executed in reverse. xDai is burned (destroyed) in the xDai chain smart contract, and a verified signal is sent to unlock the exact same amount of Dai on the Ethereum mainnet. The unlocked Dai is then returned to the user’s address on the Ethereum mainnet.
STAKE Governance Token Info:
In addition to the xDai stable token, the ecosystem also currently supports STAKE, staking token. This will be deprecated in favor of GNO once the Gnosis Chain and Gnosis Beacon Chain merge.

-> Learn more about GNO​
-> Learn more about STAKE and how to get STAKE.

mGNO token

xDai Faucets

Last modified 23d ago

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How to get xDai stable tokens

xDai Native Token