The DeCloud for Defi and the world's first decentralized cloud computing marketplace.
About the Akash Network
Akash DeCloud is a faster, better, and lower-cost cloud built for Defi, decentralized projects, and high-growth companies, providing unprecedented scale, flexibility, and price performance. 10x lower in cost, our serverless computing platform is compatible with all cloud providers and all applications that run on the cloud.
With the Akash Network, developers can deploy, secure, and scale their applications in minutes without having to set up, configure, and manage servers.
The AKT Token
Akash Token is a utility token that powers the world’s first decentralized cloud for DeFi and high-growth organizations.
Akash Network is a sovereign proof-of-stake chain built on the Cosmos Hub that leverages the Akash Token (AKT), a native utility token, as the primary means to govern, secure the blockchain, and provide a default mechanism for storing and exchanging value. AKT will serve as the reserve currency in Akash’s multi-currency and multi-chain ecosystem, while ensuring the economic security of the platform’s public blockchain through staking.
AKT holders stake AKT to secure the Akash PoS network and, in exchange, earn rewards. Early adopters naturally gain higher rewards. Rewards comprise inflationary rewards and will include a share of the total network spend (Take Income) that users pay.
Earnings/Commission
At its Inception, the initial inflation is set to 54% Annualized APR per month, and it gradually decreases each month, halving every 3.75 years. This model maximizes rewards for early delegators as an incentive to secure the Akash blockchain in its nascency. Currently, the annualized APR is averaging ~14%.
For delegators, on the ValidatorNode Akash Validator, we charge a 10% commission rate. Our commission charge covers the cost of operating and maintaining our validator node, thus ensuring maximum uptime and security for our staking customers.
To learn more about the earning potential of the Akash Token, please refer to this blog post.
To understand the Akash market and the potential growth of Akash, we suggest you reference the past performance chart below;
Akash Network Links
The following links are provided for additional information about the Akash Network and our Akash Validator Node;
Akash Explorer Links
ValidatorNode — Akash ValidatorNode Details on our Explorer
MINTSCAN — Akash ValidatorNode Details on MintScan
Akash Informational Links
Here are a few links providing additional information regarding the Akash Network;
Akash White Paper – https://akash.network/whitepapers/
Akash Token – https://akash.network/token/
Akash Network Website – https://akash.network
Validator Node for AKASH
Our Akash Validator Node enables individuals and companies to participate in the Akash Network ecosystem by delegating Akash Tokens (AKT) to our validator node.
We've made it as easy as possible to delegate your AKT with ValidatorNode. Anyone can now delegate their AKT right from our Explorer page.
Click the image below (Explorer opens in a new tab) and get started today!
For those who don't want to use a Keplr wallet or do not have a Ledger USB wallet. You can still delegate tokens to ValidatorNode and start earning income from your delegations. Delegate your AKT to our ValidatorNode, Akash validator address below;
(click address to copy to clipboard)
akashvaloper1x0sdgtmvdl8d6mp85sqlsh63l07jkg3fz5uaz6AKT delegated to our Akash Validator Node will begin earning income immediately. Payouts are automatic and can be monitored via any of the above explorers.
Network Specific FAQ's (AKASH)
The following are some of the Frequently asked questions about staking AKASH ($AKT) with ValidatorNode.
Ideally, considering you’re Staking on the Akash Network, we recommend starting with as much AKT as you can afford. AKASH is currently paying out in excess of 25% and earning larger returns with regular re-investing. But, you can start with any number of tokens, to begin with.
At ValidatorNode, we do not deliberately put a minimum/maximum filter as a prerequisite to get you onboard. You can start generating a proportionate passive income staking as little or as much as you want. The amount that you delegate is completely up to you!
You can use this handy “AKASH Staking Calculator” to assist you in determining the amount to stake and the prospective returns you can expect to make.
Akash (AKT) tokens are listed on popular cryptocurrency exchanges.
We recommend using Gate.io to purchase Akash (AKT) as it works the best for U.S based customers.
Please refer to this article: How to purchase Akash (AKT) using Gate.io
Akash (AKT) is a reasonably reliable investment. With a strong foundation, tangible products, strong practical use cases with proven potentials to disrupt the multi-billion dollar centralized cloud business, Akash DeCloud is a very promising project with all the attributes of a market leader in making.
Going by the statistics and figures, the Akash (AKT) has demonstrated a consistent increase in trading volume, since its launch. Furthermore, Akash (AKT) prices have been fairly stable despite the highly volatile nature of the cryptocurrency market.