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STAKE TOKEN
Akash (AKT)
Akash is a decentralized cloud computing platform, offering scalable, cost-effective infrastructure solutions for hosting decentralized applications.
APR 10.83%
Total Stake
343.95KAKT
$195.19KUSD
Market Cap
160.07MUSD
Token Price
0.5675 USD
How many AKT do you want to stake?
Delegation Amount
640 AKT
$0.00
Daily Earnings
0 AKT
$0.00
Monthly Earnings
0 AKT
$0.00
Yearly Earnings
0 AKT
$0.00
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Akash Network is a decentralized cloud computing platform that allows users to rent out excess computing power to others. It provides a cost-effective and scalable alternative to traditional cloud services by leveraging a global network of providers.
Akash Network operates by connecting cloud resource providers with users who need computing power. Providers list their available resources on the network, and users can rent these resources through a marketplace, ensuring efficient and secure cloud computing.
Its primary roles include: paying for cloud services, securing the network through staking, and governing the protocol. The token incentivizes providers to offer resources and allows token holders to vote on network upgrades and policies.
You can stake AKT tokens directly via Simply Staking by clicking the "Staking" button above. This allows you to delegate your tokens to a validator, supporting the network’s security and earning rewards in return.
Akash offers lower costs, enhanced security, and greater flexibility compared to traditional cloud services by using a decentralized network of providers.
Developers, businesses, and individuals looking for affordable and scalable cloud computing solutions can use akash.
Akash is suitable for a wide range of workloads, including web hosting, machine learning, data processing, and more.
Yes, Akash uses blockchain technology to ensure data integrity and security, along with encryption and other security measures.
Costs are determined by the market dynamics within the network, allowing users to choose from competitive pricing options.
You can deploy applications using Akash's command-line interface or graphical user interface, following the documentation provided for guidance.
Yes, Akash supports scalability by allowing users to easily scale their computing resources up or down based on demand.
AKT is the native utility token used for transactions within the network, including payments and staking to secure the network.
Staking Akash with Simply gives you the ability to stake with one of the top Validators with an excellent uptime history, own load balanced, bare-metal Infrastructure.
When you stake AKT, your tokens are locked for 21 days. During this period, you cannot transfer or use them. The lockup ensures network stability by keeping stakers committed to securing the Akash blockchain.
You can start staking AKT with just 1 AKT using Trust Wallet. This low minimum makes it easy for anyone to participate while still helping secure the Akash Network. Staking even a small amount supports network validators and earns you staking rewards over time.
To unstake AKT, go to your Trust Wallet and start the unstaking process. Once initiated, there’s a 21-day waiting period before your tokens become available. You won’t earn rewards during this time, so plan your unstaking carefully.