KR1 Starts Staking Bittensor's Native Token After Buying 5,000 TAO

KR1 plc began staking on Bittensor after acquiring 5,000 Bittensor (TAO) in recent months, adding an operation to its digital asset infrastructure strategy. The company estimates annualized infrastructure income equal to 6.6% of its deployed TAO’s current value, using reward rates observed Oct. 28. Bittensor is a layer-1 blockchain with subnets for services such as AI inference, computing capacity, training and prediction. Independent providers compete for network rewards based on their performance. KR1 stakes through validators that assess those providers and receives a share of network rewards.

Source: TokenPost