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Base Protocol's native token, POD, has experienced a significant rebound of over 35%, pushing its market capitalization above $137 million.
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BlockBeats News, May 30th, according to GMGN monitoring, the Base ecosystem token POD (dphn.ai) saw a significant rebound today of over 35%, with a market cap surpassing $137 million and a 24-hour trading volume of $1.2 million.

Earlier on May 12th, the AI laboratory Dolphin announced that all protocol revenue would be used to buy back POD from the market, and holders could stake their tokens in the xPOD treasury to receive rewards. The Dolphin Network utilizes a Peer-to-Pool architecture to repurpose idle GPUs, with each model running in a GPU pool, tasks being randomly assigned to nodes, and no direct buy/sell order book matching. Nodes receive POD token rewards from the protocol treasury solely based on the number of inference tokens processed; users can purchase credits directly from the protocol, supporting payments in POD, ETH, BTC, USDC, XMR, and ZEC. All protocol revenue is used for market buybacks of POD to directly offset inflation. POD holders can stake their tokens in the xPOD treasury to receive automatic compounding dividends, daily inference quotas, and ecosystem subscription benefits.

BlockBeats reminds users that token prices are highly volatile, and investments should be made with caution.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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