Aethir Mainnet Launches: Claim & Stake ATH Utility Token to Boost DePIN Sector
6/12/24
By:
Mytheryi
Aethir Mainnet Launches: Claim & Stake ATH Utility Token to Boost DePIN Sector
Introduction to Aethir Mainnet Launch
The Aethir mainnet launch is here, and the ATH utility token is live. Today marks a significant milestone not only for Aethir's development but also for the entire DePIN sector, with a particular focus on GPU cloud computing. As the only enterprise-grade GPU-as-a-service DePIN in the world, Aethir has finally launched its ATH utility token, opening up a suite of possibilities and growth opportunities for the Aethir community and our network of over 100 partners in the AI and gaming industries.
Three Years of Relentless Effort
Today, we celebrate the culmination of three years of relentless effort, transforming Aethir from a mere whitepaper concept into the world's leading decentralized GPU cloud computing network. As we embark on the next stage of our journey to democratize access to top-quality cloud computing, ATH will be the driving force of the Aethir decentralized cloud infrastructure.
Aethir Airdrop Claims: How to Participate
The Aethir Airdrop Claims link is now live: claims.aethir.com. Aethir Cloud Drop, the first season of the Aethir Airdrop, has been a resounding success, attracting over 860,000 participants. This season, the Aethir Airdrop is set to reward not only the Aethir community, including our Checker Node holders and Aethir OGs but also other Web3 communities that participated in the Aethir Cloud Drop campaign.
ATH Token Distribution
A total of 6% of the ATH supply is reserved for airdrop rewards. Season 1 participants will earn 630,000,000 ATH (1.5%) of the total 42 billion ATH supply as airdrop campaign rewards. This dedication to Web3 decentralization is why our loyal community members are in for three seasons of airdrop rewards instead of just distributing everything in one go. This encourages the Aethir community to stay active and contribute to the Aethir DePIN stack as Checker Node holders, Aethir Edge operators, ATH stakers, hodlers, and more.
How to Claim ATH Airdrop Rewards
From today, 12 June, 9:30 am UTC, all Aethir Checker Node holders and other Aethir Cloud Drop participants can claim their ATH Airdrop Season 1 rewards by inputting their address to check eligibility on the claims link. If eligible, users can claim their airdrop.
Important Security Reminders
Ensure you double-check any links before clicking to ensure the URL is the same as the official airdrop claims link. Only use official Aethir links from our website, X profile, and Discord channel. Remember, no one from Aethir will ever contact you directly or send you any alleged links for airdrop claims.
ATH Staking is Now Live
After claiming your ATH airdrop allocation, the next step is to stake. Together with the ATH token generation event and Aethir Mainnet, we are launching ATH staking. This offers the community a new, additional option to participate in the Aethir DePIN stack and contribute to its daily operations. Staking ATH is a simple, user-friendly way to contribute to the overall stability and liquidity of the Aethir network.
Flexibility in ATH Staking
ATH staking offers a high degree of flexibility. Users can choose to stake their ATH without any lock-up period or lock up their staked ATH for a specific period to increase their ATH rewards. Staking rewards are distributed weekly, and the amount received depends on the lock period and lock amount in proportion to the total ATH locked in the staking pool. Users can lock up their ATH for up to four years, with longer lock-up periods bringing higher rewards. Users can deposit additional ATH into their locked staking balance and extend the lock-up period to increase rewards.
Bridging ATH Between Networks
ATH is based on Ethereum Mainnet, while Aethir Checker Node and Aethir Edge rewards will be distributed on Arbitrum. To stake Checker Node and Aethir Edge rewards, users must bridge their ATH from Arbitrum to Ethereum Mainnet. Users who claim their rewards and stake ATH will be rewarded in Cloud Drop Seasons 2 and 3. All rewards will be weighted based on the amount of time-locked and the amount of ATH locked.
Unique Staking Service with ATH
Aethir's approach to staking is unique. By staking ATH, users will earn additional rewards thanks to our numerous partnerships with Web3 gaming and AI enterprises. We have launched two staking pools: ATH Gaming and ATH AI. Staking in ATH Gaming rewards users with tokens from our gaming partners, while staking in ATH AI offers additional rewards from our AI partners. Users can utilize both pools and divide their staked ATH to earn additional rewards.
stATH and veATH Tokens
When staking ATH, users will receive stATH (transferable) and veATH (non-transferable). stATH is the liquid staking variant of ATH that lets users utilize their ATH while it’s locked up and accumulating staking rewards. veATH is used to keep track of staking rewards. Users can view the veATH balance in their wallets to track their pending staking reward amounts, combined with their initial staking deposit.
Final Thoughts
Once you claim your ATH airdrop allocation, you can do much more than just hold or sell your ATH. By staking ATH on our dedicated staking platform, you're not only supporting the Aethir network but also a wide range of high-quality Web3 AI and gaming projects. For their support, these projects will reward ATH stakers with a portion of the tokens they've contributed to our staking pools. Aethir's staking service is designed to constantly reward our holders for their dedication to the fastest-growing AI and gaming ecosystem in Web3.
#AethirLaunch #ATHStaking #AethirAirdrop #Web3Gaming #DePINWorld
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