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SKAI Token and Incentives

SKAI

Fueling the Ecosystem​

The SKAI Token is the lifeblood of the SKAINET ecosystem, designed to incentivize participation, govern the network, and facilitate transactions.

Key Roles of SKAI Token​

  • Incentivization: Rewarding users for contributing computational resources.
  • Governance: Allowing token holders to participate in decision-making processes.
  • Access: Providing priority access to network resources and services.

Earning SKAI Tokens​

During Beta Phase​

  • Points System: Users earn points by contributing resources, engaging with the platform, and referring others.
  • Conversion: Accumulated points will be converted to SKAI Tokens upon the stable release.

Post-Release​

  • Resource Contribution: Ongoing rewards based on uptime and computational power.
  • Staking: Users can stake tokens to receive additional benefits and influence governance.

Tokenomics​

  • Total Supply: To be announced, designed with sustainability and fairness in mind.
  • Distribution Model: Aimed at preventing exploitation, with measures against farming and dumping.
  • Value Proposition: Tokens hold utility within the network, encouraging circulation rather than hoarding.

Governance and Participation​

  • Decentralized Decision-Making: Token holders can propose and vote on network changes.
  • Priority Access: Locking tokens may grant higher priority for resource allocation.
  • Community-Driven Development: Incentivizing developers to contribute and innovate.

Anti-Exploitation Measures​

  • Balanced Incentives: Aligning rewards with genuine contributions to the network.
  • Security Protocols: Protecting against malicious activities and ensuring network integrity.
  • Transparent Policies: Clear guidelines to maintain fairness and trust within the community.