Mind Network's FHE Token Surges 21% on DeepSeek Hub Launch

Coin WorldThursday, Apr 17, 2025 9:22 am ET
1min read

Mind Network, a project focused on Fully Homomorphic Encryption (FHE), has announced the upcoming launch of its DeepSeek Hub. This new development is part of the AgenticWorld ecosystem, which is transitioning from the training phase to the working phase. The DeepSeek Hub will allow users to delegate their Agents to participate in work and earn FHE rewards, marking a significant milestone for the project.

The token FHE, which is the core ecological token of Mind Network, has seen a 21% price increase in the past hour, now trading at $0.0635. This surge in value reflects the growing interest and confidence in the project's potential. Mind Network has deployed over 53,000 AI Agents since its Token Generation Event (TGE), completing over 1 million hours of training tasks. The project is currently offering a limited-time staking activity with up to a 400% Annual Percentage Yield (APY), further incentivizing participation and engagement within the ecosystem.

Mind Network has established itself as a key infrastructure at the intersection of Web3 and AI tracks. The FHE token, with its multiple utilities including governance, staking, and service payment, has been listed on several prominent platforms, including Binance Alpha, Contract, and Kraken. This widespread listing and the ongoing developments within the Mind Network ecosystem indicate a strong foundation and promising future for the project.

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