About Liquid Staked TAO

xTAO is the receipt token that users receive when they stake their $TAO via Project Rubicon. It represents their staked position and accrues the interest from the validator staking rewards.Users can unwind their position by exchanging their xTAO tokens for the underlying $TAO. The xTAO price increases over time as more rewards are accrued from validator rewards.We give users the ability to stake their $TAO, while remaining liquid.Please provide a clear and concise description of the project (eg. purpose, function, utility etc). Vague or "shilly" description will result in listing DELAYS and/or REJECTION. Minimum 400 characters.