$STAR

Designed to power our decentralized GPU marketplace. $STAR facilitates transactions within the platform, incentivizing both GPU lenders and renters to participate in our ecosystem.

What is $STAR

$STAR is the cornerstone of StarNet AI, serving as the platform's primary currency. It enables users to handle transactions within the ecosystem with enhanced security and efficiency, providing a stable medium of exchange that supports a variety of actions from GPU rental payments to reward distributions. $STAR will be launched without premining or ICO, a fairlaunch for our community

Reward Structure

Earning $STAR is straightforward and rewarding; participants receive tokens by engaging with our services, whether by leasing out GPUs or utilizing the computational resources offered. The staking process is incentivized with periodic rewards that are adjusted based on network activity and the duration of tokens held, ensuring a fair and sustainable reward system that benefits all stakeholders.

Utility

$STAR transforms how users interact with our services, offering them the ability to pay for GPU rentals quickly while enjoying reduced transaction fees. Those who have idle GPUs can earn $STAR by leasing them out, thereby injecting liquidity into the market and ensuring a steady supply of available resources. $STAR holders can participate in staking protocols that not only validate transactions but also help in securing the network architecture, receiving staking rewards in return.

Resistance and Decentralization

StarNet AI ensures that the process of mining or validating transactions is accessible to anyone with a consumer GPU. This approach prevents the dominance of specialized mining hardware, which is often expensive and concentrated in the hands of a few large-scale operations, thus promoting a more equitable distribution of power and rewards.

By leveraging a Proof of StarNet(PoN) mechanism, anyone with a standard GPU can participate in network maintenance, sidestepping the need for specialized mining hardware. This design prevents a concentration of power by distributing mining capabilities widely, allowing GPU owners to earn rewards by contributing to network security and efficiency, without the complexities of traditional mining setups.