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How to stake Akash
Akash Staking Guide
STAKE TOKEN
Akash Network (AKT)
Akash is a decentralized cloud computing platform, offering scalable, cost-effective infrastructure solutions for hosting decentralized applications.
APR --
Total Stake
NA
Market Cap
298.07MUSD
Token Price
1.20 USD
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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.
AKT is the native token of the Akash Network. It is used for paying for computing resources, participating in governance, and incentivizing both providers and users. AKT tokens facilitate transactions and help maintain the network’s economy.
You can stake AKT tokens directly via Simply Staking by clicking the "Stake" button above. This allows you to delegate your tokens to a validator, supporting the network’s security and earning rewards in return.
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