Kaito AI founder: KAITO stake rewards have been launched, investors, foundations, and team's Lock-up Position Token cannot participate in stake

BlockBeats news, on February 21st, Yu Hu, founder of the AI-based encryption search engine Kaito AI, posted on social media, stating, 'KAITO stake rewards have been launched, with approximately 10% of Tokens currently staked, APR is 70%. It is expected that in the next few days, this rate of return will gradually return to normal. Tokens in Lock-up Positions of investors/foundations/teams cannot be staked. The current source of rewards is Liquidity incentives, but starting next week, with the increase in network fees, this will transition to net consumption. More uses for stake will be announced later.'