Akash Network

Staking
Greg Osuri Greg Osuri February 5, 2020

An Evolution of Akash Network Token Economics

Last fall, we released our Akash Network Token Economic Model, a system that leverages Akash Token (AKT), a native currency, to solve for volatility (one of the biggest challenges for adoption in crypto) while ensuring economic security of our public blockchain. In the paper, we presented various strategies to mitigate inherent adoption challenges that face