All you need to know about $Y8U token utility
As $Y8U is now launched, time to explain in depth the utility of the token in the protocol.
Launched as a BEP-20 utility token, $Y8U is central to the protocol and will be utilized for all interactions within the ecosystem.
The main function of the $Y8U token is to act as the utility token for the marketplace specializing in data and AI models, but it also offers other utilities:
🔹AI Model performance rewarding
🔹Protocol Fees
🔹Staking and rewards
The tokenomics of $Y8U are carefully and strategically structured to begin small, with a small initial release of tokens.
$491K initial mcap and less than $2.5M mcap now.
As the ecosystem expands, the release rate will increase to align with its growth.
We have kept half of the supply for community growth, ecosystem development and AI mining, to reflect our commitment for long-term growth.
The AI Mining tokens are crucial to our ecosystem, as with these token we incentivize AI Miners to deploy models within the ecosystem, allowing Y8U ecosystem to grow. AI devs are onboard already, with multiple models to be deployed once with the protocol 🔥
Now, with utiity explained, are y8u ready for the $Y8U takeover? 👀