io.net unveils Co-Staking, a block reward platform for IO token holders
Cryptocurrency Feb 20, 2025 Share
io.net (IO), a decentralized graphics processing unit (GPU) network, has unveiled Co-Staking, a feature allowing IO token holders to share block rewards without operating any personal hardware, as detailed out to Finbold on Thursday, February 20.
The Co-Staking Marketplace connects IO token holders with network suppliers directly, making it easier to stake and track earnings.
https://t.co/jv7t9g4JCN
— io.net (@ionet) February 19, 2025
Lowering barriers for io.net network participation
Designed to meet the growing community demand, Co-Staking allows hardware suppliers to onboard more GPUs with a lower personal stake.
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At the same time, IO token holders can contribute to staking requirements and receive a share of the rewards without managing GPUs themselves.
To find assistance on the Co-Staking Marketplace, suppliers can post staking offers for IO holders to review, effectively decentralizing the validation process.
Personalized GPU staking
In addition to streamlined staking, Co-Staking will boost both the utility of the IO token and io.net’s computational power.
Namely, by reducing individual staking requirements, the marketplace encourages more users to contribute high-performance hardware.
Moreover, suppliers can also better manage financial risk by distributing staking commitments across multiple contributors.
Once a device has been fully set up and started operating, the supplier can customize co-staking offers and adjust the share of both the staking requirement and block rewards.
These offers can then be listed on the marketplace or shared directly with potential co-stakers.
While browsing, participants can filter staking offerings by GPU or central processing unit (CPU) model as well as other parameters, including staking amount, block reward percentage, device reliability score (0–100), and projected weekly earnings (based on trailing 7–day data).
The launch of Co-Staking thus marks an important step forward toward broader network participation on io.net, ensuring registered devices meet staking criteria and offering IO holders additional ways to earn rewards.