[Announcement] The limit of AIN staking has been increased

AI Network
AI Network
Published in
2 min readJun 8, 2022

Hello, AI Network community!

The current staking contract covers a staking limit of a total of 10 million AINs and will end at 9 a.m. on June 9, 2022 (2022–06–09 00:00:00 UTC).

However, we are glad to announce that we have decided to extend the term of the current staking contract for 3 additional months until 9 a.m. on September 9, 2022 (2022–09–09 00:00:00 UTC) to express our profound gratitude for your continuous support and interest in us.

In addition to the extension, the maximum limit of unstaking for each user will be increased. Please note that existing stakings will be automatically extended and the new unstaking limits will be applied, so you do not have to create additional staking transactions.

Details are as follows:

  • The maximum staking limit per individual remains unchanged at 400,000 AIN.
  • The maximum staking limit for each contract remains unchanged at 10 million AIN
  • The maximum limit of unstaking per individual will increase from 800,000 AIN to 1,600,000 AIN
  • The monthly interest rate remains unchanged at 2%.

We hope this information is helpful for those who want to participate in additional staking as well as for those who are interested in staking their AIN for the first time.

Thank you for your support. We will continue to strive for realizing our vision of ‘The Internet for AI’ in the era of Web 3.

Thank you again.

AI network is a blockchain-based platform and aims to innovate the AI development environment. It represents a global back-end infrastructure with millions of open source projects deployed live.

If you want to know more about us,

-AI Network website: https://ainetwork.ai/

-AI Network DAO: https://discord.gg/RCwaY6vEhA

-AI Network Official Telegram Group (English): https://t.me/ainetwork_en

-AI Network YouTube: https://www.youtube.com/channel/UCnyBeZ5iEdlKrAcfNbZ-wog

-AI Network Facebook: https://www.facebook.com/ainetworkofficial

-AI Network Twitter: https://twitter.com/ai__network

-AI Network Price Chart: https://coinmarketcap.com/currencies/ai-network/onchain-analysis/

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AI Network
AI Network

A decentralized AI development ecosystem built on its own blockchain, AI Network seeks to become the “Internet for AI” in the Web3 era.