PANews reported on August 14 that gm.ai, the AI concept project on the Solana chain, announced that GM Token holders can now participate in the GM anchoring (staking) program to join the gmAI data verification program and earn income. To celebrate the TGE event of GM Token, GM introduced an exclusive anchoring program. Participants can stake their $GM Tokens to receive unique rewards, including a guaranteed spot in the gmAI data verification program launched in October.
In this program, 10% of the total supply of $GM (100 million tokens) will be initially reserved as validator rewards for a period of 6 months. Users who stake $GM will receive $xGM as a staked derivative token. Holding $xGM can accumulate staking rewards, including hourly and deferred rewards. In addition, participants will automatically receive a place in the gmAI data verification program.
In terms of reward distribution, hourly rewards account for 80% of the initial anchoring rewards, while loyalty rewards account for 20%. Loyalty rewards are for long-term holders who lock $GM for a period of time, with three options of 1 month, 3 months and 6 months.