FLock.io officially launches the gmFLOCK staking mechanism to optimize the token economic model

ChainCatcher news, the decentralized AI training platform FLock.io has officially launched the gm FLOCK staking mechanism. Within less than three hours of going live, the locked amount has exceeded 14 million. As an important part of the FLock ecosystem, gm FLOCK effectively optimizes the market supply structure of FLOCK by introducing liquidity locking 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 stake FLOCK to obtain gm FLOCK to participate in platform tasks. The longer the staking period, the better the exchange ratio and staking rewards, with a maximum staking period of 365 days. Upon the completion of the staking period, users can exchange gm FLOCK for the original FLOCK at a proportional rate. gm FLOCK will become the only way to participate in FLock platform tasks, including model training nodes, verification nodes, and delegated tasks.

The launch of gmFLOCK optimizes the token model and enables the long-term sustainable development of the FLock ecosystem.