The post io.net Introduces Co-Staking for $IO Token Holders to Earn Block Rewards appeared on BitcoinEthereumNews.com.

io.net, a prominent decentralized GPU network for AI, has recently activated the Co-Staking feature, allowing $IO token holders to collaborate on staking activities to earn block rewards. $IO token holders now can validate the network through new Co-Staking features without needing their own hardware devices. Through the Co-Staking Marketplace, users who hold tokens can directly invest in staking requirements of fully secured devices like GPUs and receive proportional shares of collected block rewards. The new initiative aims to create universal network access for users who want to join the crypto token staking system. io.net’s Co-staking helps device suppliers by lowering barriers enabling them to add high-performance devices to the network increasing computational power. Suppliers can reduce their financial risk by dividing staking responsibility with $IO holders, which eases their ability to integrate more hardware. Co-Staking Works for Suppliers and $IO Holders The Co-Staking marketplace enables device suppliers to create offers when they possess fully staked devices.io.net ensures that suppliers gain control over stake requirement levels and the share of block rewards allocated to co-stakers. The Co-Staking Marketplace displays investment options created by suppliers which $IO holders can explore regarding their investment criteria. $IO token holders can search through available offers while using filters that match their preferences between device model types (GPU or CPU) along with the choice of staking amount, block reward rates, and predicted income totals. Individuals who select an appropriate offer can earn block rewards by funding the staking requirement. The Explorer Staking Dashboard allows users check their earnings while showing analytics on io.net ecosystem dynamics and stake activity in real time. io.net Benefits Both Device Suppliers and $IO Token Holders The lowered amount of $IO needed for staking allows suppliers to decrease their initial capital expenses when deploying advanced devices. Because of this rise in network…

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Filed under: News - @ February 20, 2025 2:26 am