"DEAIN3 Launches Token Staking: Passive Income and Network Growth"

Coin WorldSunday, Jan 26, 2025 1:17 am ET
1min read

Decentralized Edge AI Infrastructure Network3 (DEAIN3) has recently enabled a token staking feature, allowing users to earn passive income by locking up their tokens. This move is part of the network's ongoing efforts to enhance its decentralized infrastructure and encourage user participation.

The token staking feature enables users to lock up their DEAIN3 tokens for a specified period, during which they will receive rewards in the form of newly minted tokens. The rewards are distributed proportionally based on the amount of tokens staked and the duration of the staking period. This feature not only incentivizes users to hold onto their tokens but also helps to secure the network by increasing the number of validators.

The DEAIN3 team has stated that the token staking feature is just the beginning of a series of updates aimed at improving the network's functionality and user experience. They have also hinted at plans to introduce a decentralized exchange (DEX) and a governance system, which would give users a say in the network's future development.

The introduction of the token staking feature has been met with enthusiasm from the DEAIN3 community. Many users have already started staking their tokens, taking advantage of the opportunity to earn passive income while supporting the network's growth. The DEAIN3 team has also reported an increase in the number of new users joining the network, attracted by the promise of rewards and the potential for future growth.

The DEAIN3 network is a decentralized infrastructure for edge AI, designed to enable the development and deployment of AI models at the edge of the network. By leveraging the power of blockchain technology, DEAIN3 aims to create a secure, decentralized, and scalable platform for edge AI applications. The token staking feature is just one of the many innovations that DEAIN3 is bringing to the edge AI space, as it continues to push the boundaries of what is possible in the field.

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