PornAI Staking & Farming
The PornAI ecosystem offers multiple staking and farming options for $PORN token holders, mainly used to access the AI model and farming to earn rewards in $PORN tokens.
Staking: What It Is and How It Works
Staking is a mechanism that allows token holders to earn rewards or certain benefits within an ecosystem by locking up their tokens and contributing to the security and stability of the network. In the case of PornAI, staking enables token holders to access the AI model and receive priority access to its services. To participate in staking, a token holder must lock up a certain number of $PORN tokens for a set period. This period can vary depending on the specific staking program. The tokens are unavailable, but the token holder enjoys each staking program's benefits.
Farming: What It Is and How It Works
Farming is a mechanism that allows token holders to earn rewards by providing liquidity to the ecosystem. In the case of PornAI, token holders can provide liquidity to the $PORN token on decentralized exchanges and earn rewards through $PORN tokens. To participate in farming, a token holder must deposit a certain number of $PORN tokens into a liquidity pool on supported exchanges & pairs. This pool is then used to ensure the stability and liquidity of the token, and token holders earn rewards in the form of $PORN tokens based on the number of tokens they have deposited. The rewards earned through farming are proportional to the number of tokens a token holder has deposited and the time they have been in the liquidity pool.
Conclusion
PornAI`s staking and farming mechanisms offer token holders the opportunity to earn rewards while supporting the stability and security of the network. Whether staking for access to the AI model or farming for tips, token holders can take advantage of these opportunities to grow their $PORN holdings and contribute to the ecosystem's growth.
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