BalanceAI Network — Staking

Earn while you empower Decentralized AI

BalanceAI Network
4 min readNov 21, 2024

--

Technical Overview of BalanceAI Staking

Introduction to Staking and Proof-of-Stake (PoS)

Staking is a fundamental mechanism in blockchain networks utilizing Proof-of-Stake (PoS), like BalanceAI. It involves locking native tokens to help secure the network and validate transactions while earning rewards in return. Unlike Proof-of-Work (PoW), which relies on energy-intensive computations, PoS depends on economic incentives, ensuring security through the capital staked.

Participants (“stakers”) lock their tokens on-chain, making them economically invested in the network’s integrity. Misbehavior can result in penalties or loss of staked tokens, creating a strong deterrent against malicious actions.

Nominated Proof-of-Stake (NPoS) on BalanceAI

BalanceAI employs Nominated Proof-of-Stake (NPoS), a sophisticated variation of PoS, to select validators who participate in the consensus process. Token holders (nominators) can delegate their staked tokens to trusted validators, distributing the network’s economic and security responsibilities.

https://dashboard.balanceai.network/

Key features of NPoS on BalanceAI include:

  1. Minimum Nomination Requirements: While the minimum staking intent is 10 BAI, the effective amount for rewards depends on the minimum active nomination, a dynamic value.
  2. Validator Selection: Nominators lock tokens and allocate them to one or more validators. The validator set changes with each era (24-hour period), enhancing network security and fairness.

Unbonding Period and Accessibility

Unbonding staked tokens requires a 21-day waiting period on the BalanceAI Chain. During this time, tokens are inaccessible but safeguarded within the network. This mechanism balances flexibility with security.

Why Stake on BalanceAI?

Staking on BalanceAI is more than earning rewards — it’s a commitment to fostering a decentralized AI ecosystem that operates in harmony with humanity. By staking your BAI tokens, you actively contribute to securing the network while empowering developers to shape the tools and technologies behind REAL FREE AI. Discover more about BalanceAI’s vision here.

Another benefit of staking on BalanceAI is access to AI tools ecosystem. All current and future tools such as Agents VM, Models Marketplace and more will be accessible to active Balance AI stakers.

A Vote for Decentralization and True Balance AI / Human

Staking on BalanceAI is a meaningful way to support decentralization and advocate for an ethical AI future. Every token you stake represents a vote for transparency, inclusivity, and a commitment to empowering developers who care about building community-driven, decentralized AI solutions.

  • 44% of network emissions directly benefit delegators.
  • 48% of emissions fund grant programs designed to empower developers and enable the creation of transformative decentralized AI technologies.
https://docs.balanceai.network/docs/learn/balance-tokens#emissions

This purpose reward structure ensures that your stake not only secures the network but also accelerates innovation in decentralized AI development.

You can access our staking interface via Balance AI Dashboard in the link below 👇

https://dashboard.balanceai.network/

Would you like to start Staking ?

Follow our step-by-step guide to begin staking your BAI tokens and earning rewards while supporting decentralized AI. Got questions? Join our community on Telegram or Discord for support and updates!

balanceai.network

More information and official social media channels to participate and stay updated can be found at:

Website: balanceai.network

GitHub Repository: BalanceAI GitHub

Medium Blog: BalanceAI Medium

Social: BalanceAI Media

Docs: BalanceAI Documentation

Contact: Contact Form

--

--

BalanceAI Network
BalanceAI Network

Written by BalanceAI Network

BalanceAI is an open-source protocol that powers a decentralized, blockchain-based AI Models Marketplace.

No responses yet