Jan. 8 at 6:19 PM
$DCX announced the execution of a staking agreement with EdgeAI Foundation (the "Foundation") to stake a portion of its EdgeAI token holdings.
Under the terms of the agreement, DCX will stake over 100 million EdgeAI tokens to a Foundation-designated smart contract for a term of 12 months. The staking arrangement provides for a floating annualized yield of 3.5% to 8%, with rewards distributed in EdgeAI tokens. Upon maturity, staked tokens will automatically be unlocked and returned to DCX unless the parties agree in writing to renew the arrangement.