NIM Network: The first AI yield sale will be held, and NIM stakers and related token holders are eligible

2024-05-23 21:30:49
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ChainCatcher news, based on Dymension's AI gaming chain NIM Network, announced on social platforms that it will conduct the first community-owned AI Yield Sale. NIM stakers, PEPE, WLD, and USDT holders will be eligible to participate in the yield sale, with NIM stakers qualifying for incremental allocations, and the snapshot will be completed this month.

It is reported that the yield sale offers a method to tokenize AI models, allowing users to deposit staked assets and receive AI tokens. The yield sale will be divided into two phases: the first phase will generate initial liquidity for the tokens before the TGE, and the second phase will last for 12 months, distributing tokens to community members. The liquidity and value of the AI tokens will be maintained through two methods: first, stETH deposits will create liquidity through accrued interest, which will be used for buybacks; second, revenue generated from the use and fees of the AI models will also be used for buybacks and to ensure liquidity.

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