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gm.ai: 10% of the total GM supply will be used for validator rewards, and 80% of the total rewards will be distributed on an hourly basis

gm.ai: 10% of the total GM supply will be used for validator rewards, and 80% of the total rewards will be distributed on an hourly basis

Bitget2024/08/14 09:32

Solana's on-chain AI concept project gm.ai has announced that GM Token holders can now participate in the GM Anchoring (Pledge) Program to join the gmAI Data Validation Program and earn revenue. In celebration of GM Token's TGE event, GM has introduced an exclusive anchoring program. Participants can pledge their $GM Token for unique rewards, including a guaranteed spot in the gmAI Data Validation Program launching in October.

In this program, 10% of the total $GM supply (100 million Token) will be initially reserved as validator rewards for a period of 6 months. Users pledging $GM will receive $xGM as a pledge-derived Token. holding $xGM accumulates pledge rewards, including hourly and deferred rewards. In addition, participants will automatically receive a spot in the gmAI data validation program.

In terms of reward distribution, hourly rewards make up 80% of the initial anchored rewards, while loyalty rewards make up 20%. The Loyalty Rewards are aimed at long-term holders who have $GM locked in for a period of time, with 1-month, 3-month and 6-month options available.

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