Kaito AI founder: KAITO staking rewards are now live, and more practical information will be released soon

PANews reported on February 21 that Yu Hu, founder of Kaito AI, an AI-based crypto search engine, posted on the X platform that KAITO staking rewards have been launched, and currently about 10% of tokens have been staked, with an annualized rate of return of 70%. It is expected that in the next few days, this rate of return will gradually return to normal, and locked tokens including investors/foundations/teams cannot be staked. The current source of rewards is liquidity incentives, but starting next week, as network fees increase, this will turn into net consumption, and more practical information about staking will be released soon.