Kaito AI Founder: KAITO Staking Rewards Now Live, Investor, Foundation, and Team Vesting Tokens Excluded from Staking

BlockBeats News, February 21st: Yu Hu, founder of the AI-based crypto search engine Kaito AI, announced on social media that "KAITO Staking Rewards are now live. Currently, about 10% of the tokens have been staked, with an annualized return rate of 70%. It is expected that in the next few days, this return rate will gradually return to normal. Staked tokens from investors/foundation/ team cannot be staked."

The current reward source is liquidity incentives, but starting from next week, as network fees increase, this will transition to net consumption. More use cases for staking will be announced later.

Source

Correction/Report

RelatedRecommended

Should I sell the Kaito airdrop, let's see what the community says?

How has the Social Mining project for Yap-to-Earn been received?

According to Dune Analytics: Kaito is potentially facing a Centralized Staking Risk, with 23M KAITO potential sell pressure building up

Not Just for KOLs: How to Earn a Project's Airdrop Through Writing, Based on Kaito

3 edging images, surged to the top of the Kaito Chinese community leaderboard in 24 hours

In general, for the InfoFi model to succeed, it will ultimately require a better balance between incentivizing deep content creation and maintaining its own self-sustaining capability.

InfoFi Mining Guide: Besides Kaito, What Other Alpha Strategies Are There?

On-Chain Activity