ALI Staking Campaign Commences
At Alethea AI, we want everyone to have the ability to level up their pods to create the most fun and engaging iNFTs that they can! For that reason, we have decided to launch an ALI Utility Token Staking campaign so our community will be able to receive more rewards. The ALI Utility Token staking campaign will commence on Monday, February 14th in tandem with the token being listed on Uniswap V2 to provide everyone with the opportunity to gain more rewards.
Staking Campaign Details
There will be 30 Million ALI Utility Tokens available as staking rewards for the first 30 days starting Feb 14th. One Million ALI Utility Tokens will be available as staking rewards every day starting February 14th until the 15th of March. The staking contract will release 11.574 ALI Utility Tokens per second as Staking Rewards, which will be distributed amongst all available stakers proportionate to the staked amount. The ALI Utility Token Staking campaign will be renewed every 30 days until its conclusion.
Those who are going to stake ALI Utility Tokens can Stake, Unstake, and Claim their rewards at any time. There is no locking period to unstake/claim the ALI Utility Token Rewards. The rewards earned by users do not automatically count as staked tokens if they do not withdraw them. To add to their existing staked amount, the users need to withdraw their rewards and then stake them.
The ALI Utility Token Staking program will be renewed every 30 days until the ecosystem has matured and staking incentives are no longer needed. Since there will be 30 Million ALI Utility Tokens available through the month, that means that from February 14th until March 15th, 1 Million ALI Utility Tokens will be available as staking rewards every day. This means that the Staking contract will release 11.574 ALI Utility Tokens per second as Staking Rewards, which will be distributed among all available stakers proportionate to the staked amount.
(Update on March 6th: This staking campaign will be modified as per the rules and demands of every Epoch — see the State of the Ark Address: EPOCH 1 for further details.)
Check out this short tutorial that walks you through the staking process.
About Alethea AI
Alethea AI is building a decentralized iNFT Protocol to create an Intelligent Metaverse inhabited by Interactive and Intelligent NFTs. As originators of the iNFT standard, Alethea AI is on the cutting edge of embedding AI animation, interaction, and generative AI capabilities into NFTs. Developers can use the Alethea AI protocol to Create, Train and Earn from their iNFTs in the world’s first Intelligent Metaverse known as Noah’s Ark.
