## Breaking News
### Key Highlights
- The coins in Mentougou remain untouched, but Germany has initiated a significant move.
- The recent decline in BTC might not be related to Germany's actions.
- Today's US non-farm payroll data might surpass expectations, indicating a potential market bottom.
- AI and DeFi concepts are trending, with the SOL chain leading the charge.
## Deep Dive into the $IO Token Mechanism
### Pledge and Mortgage Mechanism
io.net is pioneering a system where IO Workers can boost their rental chances by pledging native assets. AI engineers who pledge these assets receive priority access to high-demand GPUs. This mechanism is designed to enhance network efficiency and ensure fair resource distribution.
### Token Mechanism
The IO token serves two primary groups: demanders and suppliers.
- **Demanders:** Each computing job is priced in US dollars to maintain price stability.
- **Suppliers:** They earn availability and computing rewards to encourage active GPU participation. A reputation system is in place to reward both suppliers and demanders based on their performance and network involvement.
### Ecological Growth Mechanism
io.net's growth strategy includes staking, invitation rewards, and network fees.
- **Staking Rewards:** IO coin holders can stake their tokens to node operators or users to earn rewards.
- **Invitation Rewards:** Encouraging network expansion through referral bonuses.
- **Network Fees:** Fees collected from transactions and operations within the network.
These unique features and mechanisms are designed to propel io.net to success, advancing the development of blockchain technology.