Vana announces the detailed rules of the DataDAO reward system, users can earn profits by staking VANA Token

According to the news from TechFlow, Decentralization AI Data Liquidity network Vana has released an introduction to the detailed rules of the DataDAO reward system. After the launch of Vana Mainnet, users can view the registered DataDAO through Vana DataHub. The DataDAO reward system operates in cycles of 21 days. During this period, users can stake VANA Tokens to promote DataDAO ranking and rise. When DataDAO reaches the minimum stake threshold of 10,000 VANA Tokens and enters the top 16 of the ranking list, DataDAO will receive rewards from the VANA Token pool, further bringing benefits to its data contributors and stakers. This user stake ranking competition mechanism not only effectively incentivizes high-quality data contributions, but also ensures fair value distribution.

It is worth noting that 15% of the total supply of VANA Token is allocated to DataDAO rewards, with 50% deposited into the DataDAO treasury and 50% used to reward the top 16 DataDAO stakers. For stakers, the longer the stake time, the higher the reward. The reward multiplier will reach its maximum value after staking continuously for 63 days.

It is reported that Vana protocol was developed by Vana Foundation in collaboration with Open Data Labs, allowing users to contribute their private data to build future artificial intelligence projects on the blockchain, thereby transforming it into a new valuable asset class. Vana Mainnet will be launched soon.