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Oraichain Token to Update GPU Staking Annual Percentage Rate
Oraichain Token has announced an increase in the GPU staking annual percentage rate (APR) from approximately 4% to 7.5%, effective November 25th. This adjustment responds to the doubling of GPU demand over the past six months, attributed to the launch of Distilled AI and the rapid growth of Oraichain’s consumer applications.
Event date: November 25, 2024 UTC
Oraichain
@oraichain
@oraichain
With the launch of Distilled AI and rapid growth in Oraichain's consumer applications, GPU demand has doubled in six months, showcasing the success of our AI-powered dApps & growing reliance on GPU infrastructure.
🔥 starting nov 25, the GPU staking APR will increase from ~4%
🔥 starting nov 25, the GPU staking APR will increase from ~4%
ORAI Price Changes After Event Publication
6.46%
1 day
7.34%
2 days
24.17%
Now (Added 26 days ago)
The event is about to begin
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