Aether Node Holders Can Now Claim $20 Million in ATH Rewards

IconCryptoNewsTerminal Staff30 Jul, 2024

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Aether Node Holders Can Now Claim $20 Million in ATH Rewards

Aether (ATH), a decentralized cloud GPU network, has announced that "Aether Node Holders Can Claim $20M in ATH Rewards, Starting Today." The snapshot for the rewards was taken on the 23rd of this month. This announcement comes after Aether canceled its $50 million token swap with Solana-based decentralized physical infrastructure network (DePIN) project, io.net, and instead launched a community rewards program of the same size. This is a significant development for Aether and its community. The $20 million in rewards will be distributed to node holders who have staked their ATH tokens. The rewards will be distributed over a period of 12 months. Aether is a decentralized cloud GPU network that allows developers to access high-performance computing resources without the need for expensive hardware. The network is powered by a network of nodes that are run by community members. The $20 million in rewards is a way for Aether to thank its community for their support. The rewards will help to incentivize node holders to continue to support the network. This is a positive development for Aether and its community. The $20 million in rewards will help to grow the network and attract new developers.

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