gm.ai: 10% of the total GM supply will be used for validator rewards, and 80% of the total rewards will be distributed on an hourly basis
Solana's on-chain AI concept project gm.ai has announced that GM Token holders can now participate in the GM Anchoring (Pledge) Program to join the gmAI Data Validation Program and earn revenue. In celebration of GM Token's TGE event, GM has introduced an exclusive anchoring program. Participants can pledge their $GM Token for unique rewards, including a guaranteed spot in the gmAI Data Validation Program launching in October.
In this program, 10% of the total $GM supply (100 million Token) will be initially reserved as validator rewards for a period of 6 months. Users pledging $GM will receive $xGM as a pledge-derived Token. holding $xGM accumulates pledge rewards, including hourly and deferred rewards. In addition, participants will automatically receive a spot in the gmAI data validation program.
In terms of reward distribution, hourly rewards make up 80% of the initial anchored rewards, while loyalty rewards make up 20%. The Loyalty Rewards are aimed at long-term holders who have $GM locked in for a period of time, with 1-month, 3-month and 6-month options available.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The proportion of Bitcoin holders at a loss is declining
Euro remains stronger against Canadian Dollar following Eurozone HICP inflation data
Innovative Drug Export: Why Is This Window Two Weeks Later So Important?
Why did India suddenly make massive purchases of US Treasuries? July net purchase hit a record $15.2 billion, with a special swap mechanism as the key factor
Benefiting from a special arrangement by the Reserve Bank of India to attract overseas capital, India purchased a record amount of US Treasury bonds in July due to large capital inflows.
Crypto prices
More
