gm.ai launches the GM Anchor Program, where users can stake GM tokens to earn rewards.

BlockBeats News, on August 14th, gm.ai launched the GM Anchor Program, participants can stake GM Token to effectively commit it to the ecosystem in order to receive rewards. One of the main rewards for staking is to secure a spot in the gmAI data validation program, which will be launched in October this year. Initially, 10% of the total supply of GM Tokens (100,000,000) will be reserved for validators rewards, which will last for 6 months. After that, the Inflation will be dynamically managed by the community. When users deposit GM, they will receive xGM (a derivative Token of GM stake). Holding xGM will have two main functions: accumulating stake rewards, including hourly stake rewards and latency stake rewards, and ensuring eligibility in the gmAI data validation program (to be launched in October this year).