According to Deep Tide TechFlow news, on May 29, the decentralized AI training platform FLock.io officially launched the gmFLOCK staking mechanism, with the locked-up amount exceeding 14 million within less than three hours. As an important component of the FLock ecosystem, gmFLOCK effectively optimizes the market supply structure of FLOCK by introducing liquidity lock-up and non-transferable soul-bound token economic design, suppressing the behavior of “Mining and dumping,” and enhancing the stability of token value.
Users can now participate in platform tasks by staking FLOCK to obtain gmFLOCK. The longer the staking period, the better the exchange rate and staking rewards, with a maximum support for staking of 365 days. After the staking period ends, users can exchange gmFLOCK for the original FLOCK at a proportional rate. gmFLOCK will become the only way to participate in Flock platform tasks, namely model training nodes, verification nodes, and delegated tasks.
The launch of gmFLOCK optimized the Token model and enabled the long-term sustainable development of the FLock ecosystem.
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