Infinity Ground has taken a significant step in enhancing its ecosystem by launching the AIN token staking service. This initiative is designed to encourage long-term engagement from token holders through a multitiered yield structure, as stated in the official source.
Introduction of New Staking Service
The newly introduced staking service aims to provide AIN holders with attractive incentives, thereby increasing the overall value of their investments. By implementing a multitiered yield structure, Infinity Ground is positioning itself to foster a loyal community of participants who are committed to the project's growth.
Compatibility and Adoption
Built on the BNB Chain, the staking service ensures compatibility with widely used wallets, making it easier for users to participate. This strategic choice not only simplifies the onboarding process for new users but also lowers the barriers to entry, promoting broader adoption of the AIN token within the crypto community.
In a recent update, Lighter has implemented a mandatory staking requirement for its LIT tokens, which contrasts with Infinity Ground's new AIN token staking service. For more details, see the full announcement here.
