Staking and Burning Machnism

Staking Mechanism

GPU Providers, Evaluators, Validators are required to stake a minimum amount of $NIM Token as collateral to participate in AI computation and transaction validation.

Also, in the near future, users can also stake to get early access on advanced AI agents within Nimble ecosystem. More details will be disclosed on the staking requirement and staking reward calculation.

Burning Mechanism

The burning mechanism will be introduced to reduce the inflationary pressure and maintain the value of the $NIM Token over time. Nimble Network burns tokens collected from various sources including network transaction fees and payment conversion fees.