io.net launches Co-Staking, enabling $IO holders to share block rewards

DePIN io.net has introduced Co-Staking, a new feature that allows network users to share block rewards by staking their $IO tokens.

The Co-Staking Marketplace connects token holders with suppliers, enabling broader participation in validation without the need to operate hardware.

The initiative benefits both groups within the io.net ecosystem.

Suppliers can onboard more GPUs with a reduced personal stake, making more efficient use of their working capital.

Token holders, on the other hand, can contribute to staking requirements and earn a share of block rewards without managing hardware.

The launch of io.net’s Co-Staking Marketplace expands the number of io.net users who can participate in validation, democratizing access while strengthening the utility of the $IO token.

By lowering the $IO staking requirement, Co-Staking makes it easier for suppliers to deploy high-performance devices while increasing overall network participation.

Once a supplier’s device is fully staked and operational, they can create a co-staking offer, specifying the percentage split for both staking requirements and block rewards.

This offer is then listed on the Co-Staking Marketplace or shared directly with potential co-stakers.

Users can browse available opportunities by filtering for device type, requested stake amount, block reward share, device reliability, and projected weekly rewards.

The launch of Co-Staking expands io.net’s total computational power while enhancing the utility of the $IO token.

By enabling more users to stake and validate, the feature supports decentralized computing and strengthens the network.

With Co-Staking, anyone can now stake $IO tokens, help secure the chain, and earn a share of block rewards, fostering a more inclusive and efficient staking ecosystem.

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