Utility

$LUAI serves as more than a mere token; it functions as a means to actively engage in the SoluAI ecosystem.

$LUAI Token Features and Uses

Governance Participation:

• $LUAI token holders play a pivotal role in shaping the future of SoluAI. The network's robust governance system allows these holders to participate in key decision-making processes. This includes voting on proposals related to protocol upgrades, pricing models, and resource allocation within the SoluAI ecosystem.

Staking Rewards:

• Token holders can contribute to the security and stability of the SoluAI network by staking their $LUAI tokens. In return for staking, individuals receive rewards while actively bolstering the network's overall resilience. This mechanism ensures that token holders are invested in SoluAI’s long-term success.

Training and Inference for AI Models:

• SoluAI’s decentralized framework enables global access to AI model training and deployment. $LUAI tokens are used as the payment method for training and running AI models on the platform. This allows users with high computational demands to leverage the GPU resources provided by the AI Layer.

Transactional currency for Network activities:

• The use of $LUAI, which serves as the currency for transactions within the SoluAI ecosystem, facilitates the payment of fees and participation in the network. It enables different activities, such as covering network expenses for installing and engaging with AI models and perhaps accessing advanced features or data markets that may appear inside the SoluAI network.

Reward for GPU Contributors:

• Users who allocate their unused GPU resources to the AI Layer network will get rewards in the form of $LUAI tokens. This encourages users to get involved and distribute their resources, hence enhancing the collective computational capacity of the platform.