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+---
+title: io.net
+description: Detailed information about io.net
+sidebar_position: 7
+---
+
+# io.net  
+
+## Overview  
+
+io.net is a decentralized AI computing network built on Solana, designed to aggregate underutilized GPU resources globally to power AI and machine learning applications. By leveraging a Decentralized Physical Infrastructure Network (DePIN), io.net connects independent data centers, crypto miners, and projects like Filecoin and Render to provide scalable, cost-effective computing power. Founded by Ahmad Shadid (later succeeded by Tory Green in 2024), the platform aims to democratize access to GPU resources, reducing costs by up to 90% compared to traditional cloud services.  
+
+
+
+## Key Features  
+- **Currency:** $IO (native token) and $IOSD (USD-pegged stablecoin).  
+- **Buying Currency:** Available on exchanges like Binance, where it was listed via a Launchpool campaign in June 2024.  
+- **Utility:**  
+  - **Payments:** $IO is used to pay for GPU/CPU rentals and transaction fees; $IOSD offers stable pricing.  
+  - **Staking:** Stake $IO to secure the network, earn block rewards, and participate in governance.  
+  - **Governance:** $IO holders vote on protocol upgrades and ecosystem decisions.  
+- **Automation:**  
+  - AI-driven dynamic resource allocation optimizes task distribution based on hardware specs, location, and cost.  
+  - Smart contracts automate payments, slashing penalties, and reward distribution.  
+- **API:** Yes. Integrates with Ray and Kubernetes for scalable AI/ML workflows.  
+- **User Perspective:**  
+  - **Developers:** Deploy AI models, access 1M+ GPUs, and use tools like IO Cloud for cluster management.  
+  - **Providers:** Monetize idle GPUs/CPUs through hourly rewards and staking.  
+
+## How It Works  
+1. **Resource Aggregation:**  
+   - GPU/CPU providers register devices on io.net, which are verified and pooled into a global network.  
+2. **Task Allocation:**  
+   - Users submit compute jobs (e.g., AI training), and the platform dynamically assigns tasks to optimal hardware using smart scheduling algorithms.  
+3. **Execution & Payment:**  
+   - Jobs run on distributed nodes, with results validated via test cases. Payments in $IO/$IOSD are automated via blockchain.  
+
+## Staking  
+- **Staking Requirements:**  
+  - Minimum stake per GPU: 200 $IO. High-end GPUs (e.g., NVIDIA H100) require 10x multiplier (16,000 $IO for 8 H100s).  
+  - 14-day cooldown period for unstaking.  
+- **Rewards:**  
+  - **Block Rewards:** Distributed hourly—80% to GPU providers, 20% to CPU providers.  
+  - **Slashing:** Malicious actors lose staked $IO; slashed tokens are burned after a 1-month appeal window.  
+
+## Documentation  
+For technical guides, tokenomics, and API integration:  
+- [io.net Docs](https://docs.io.net/)  
+- [Staking Guide](https://docs.io.net/docs/staking)  
+- [Rewards & Wallets](https://docs.io.net/docs/rewards-wallets)  
+
+
+
+## Additional Resources  
+- **Official Links:**  
+  - [Website](https://io.net) | [GitHub](https://github.com/ionet-official) | [Twitter](https://x.com/ionet)  
+- **Community:**  
+  - [Telegram](https://t.me/io_net) | [Discord](https://discord.gg/ionet)  
+- **Partnerships:**  
+  - Collaborations with Aptos Labs, Aethir, and Mind Network enhance AI security and cross-chain interoperability.  
+
+
+
+## Ecosystem Components  
+| Product       | Functionality                                                                 |  
+| - |-|  
+| **IO Cloud**  | Manages decentralized GPU clusters for AI/ML deployments. |  
+| **IO Worker** | Dashboard for providers to monitor hardware performance and earnings. |  
+| **IO Explorer** | Analytics tool tracking network activity, rewards, and resource utilization. |  
+
+
+
+## Tokenomics  
+- **Initial Supply:** 500M $IO (20M allocated to Binance Launchpool).  
+- **Max Supply:** 800M $IO over 20 years, with deflationary rewards decreasing 1.02% monthly.  
+- **Distribution:**  
+  - 50% to community, 20% to investors, 20% to core contributors, 10% ecosystem fund.