BRAKING NEWS ALERT
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The coins in Mentougou remain intact, but Germany has already made a bold move! The recent decline in BTC may not be attributed to Germany. With today’s US non-farm data potentially surpassing expectations, the market is nearing its bottom. Currently, AI and decentralized finance (DeFi) concepts are trending, with the SOL chain taking the lead once again.
Let’s delve into the mechanics of the $IO token. The pledge and mortgage mechanism at io.net allows IO Workers to increase their chances of being rented by pledging native assets. AI engineers who pledge these assets gain priority access to high-demand GPUs. This system aims to enhance network efficiency and ensure equitable resource distribution.
The token mechanism is designed for two main user groups: demanders and suppliers. Demanders benefit from computing jobs priced in US dollars for stability. Suppliers receive availability and computing rewards, encouraging active GPU participation. Additionally, a reputation system is in place to reward or discount suppliers and demanders based on their performance and network involvement.
io.net’s ecological growth strategy includes staking, invitation rewards, and network fees. $IO coin holders can stake their tokens with node operators or users to earn rewards. Through these unique features and mechanisms, io.net aims to succeed in similar fields and advance the development of blockchain technology.