The post DePIN io.net launches Co-Staking, allowing users to share block rewards appeared on BitcoinEthereumNews.com.

net’s Co-Staking Marketplace is now live enabling the sharing of staking rewards. With the Co-Staking, no hardware is needed for $IO holders to earn staking rewards. The Co-Staking Marketplace connects hardware suppliers with token holders. io.net, a leading platform in the DePIN (Decentralized Physical Infrastructure Networks) space, has launched Co-Staking Marketplace, an innovative feature that allows users to share block rewards. The Co-Staking feature enables both device suppliers and $IO token holders to participate in the network’s validation process and share in the lucrative block rewards, without the necessity of owning physical hardware. Democratizing staking The Co-Staking Marketplace is a groundbreaking addition to io.net’s ecosystem, designed to respond to community demands for more inclusive participation methods. The marketplace serves as a bridge between those who supply computing power and individuals who hold $IO tokens. Suppliers on io.net can now invite community members to contribute to the staking requirements for their devices, which in turn helps in lowering the personal financial stake needed to onboard high-performance hardware like H100 GPUs. The suppliers can list their devices once they are fully staked and operational, specifying how much $IO is needed and what percentage of the block rewards they’re willing to share. These offers are customizable, allowing for flexibility in how the rewards and staking responsibilities are divided. Co-stakers can then browse this marketplace, filtering offers based on various criteria like device model, reliability scores, and projected earnings, making it easier to find opportunities that match their investment strategy. This not only democratizes access to staking but also significantly reduces the working capital required from suppliers, making it easier for them to manage their financial risk profile. For $IO holders, the advantages are equally compelling. Previously, earning through staking was limited to those who could afford or manage the hardware. Now, with Co-Staking,…

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Filed under: News - @ February 19, 2025 7:18 pm