News Report Technology
November 18, 2024

DIN Initiates Copper Node Pre-Mining, Enabling Wafer And Node Holders Participation

In Brief

DIN launches Chipper Node pre-mining, allowing Wafer and Node holders to contribute to AI data preprocessing and earn airdrop points.

DIN Initiates Copper Node Pre-Mining, Enabling Wafer And Node Holders Participation

Modular AI-native data pre-processing layer DIN announced the launch of DIN Chipper Node pre-mining, allowing Wafer holders and Node holders to participate in the pre-mining process. This enables them to contribute to AI data preprocessing while earning airdrop points. The pre-mining phase has already started and will conclude on December 4th.

Chipper Nodes are central to the DIN ecosystem, functioning as a crucial link in the AI data preprocessing pipeline. Acting as licenses for Data Validators and Vectorizers, they support the validation, classification, cleaning, and augmentation of raw data collected by Data Collectors. Chipper Node owners can operate these nodes using their own edge devices, which will load a small language classification model trained with fastText, enabling efficient multilingual text processing. The processed data is then refined for AI training optimization.

In addition to the launch, users are enabled to earn airdrop points, which will be fully distributed at the Token Generation Event (TGE). xDIN plays a vital role in determining eligibility for the DIN airdrop. At TGE, airdrops will be distributed based on the proportion of xDIN held, with no lock-up period and 100% of the points released immediately.

Wafer holders can convert their Wafer into xDIN using the “Farm xDIN” feature. Node holders have the option to run a node on their own devices to earn xDIN and BNB, or they can delegate their nodes to operators for management in exchange for xDIN.

DIN Invites Wafer And Node Holders To Join Pre-Mining 

In order to participate in Chipper Node pre-mining and start earning rewards, users are encouraged to hold Wafers, Nodes or have access to large-scale computing resources. Wafer holders can convert their Wafers into xDIN by using the “Farm xDIN” feature. To do so, users should visit the official DIN Pre-mining website and click on “Farm xDIN.” They will need to submit a conversion request by selecting “Confirm” to initiate the process. The request will enter a queue and be processed based on network conditions. Please note that a fee in BNB and xDIN applies. Once the conversion request is processed, users can track its status on the Farming History page. To complete the process, they will be required to click “Redeem,” and the xDIN will be deposited directly into the user’s wallet.

Node holders can also earn rewards by either running their own nodes or delegating them. To run a node, users should visit the DIN Pre-mining website, go to “MY NODE,” and click “Download” to choose the file compatible with their device (Windows, Linux, or Mac). After downloading, users need to follow the instructions to switch their node from offline to online. To claim rewards, users can go to “My Node” and click the “Claim rewards” button to receive xDIN network rewards, while any BNB network profits will be automatically transferred to their wallet.

For those who wish to delegate nodes and earn xDIN, users should visit the “Delegate” page, open the “Operators” tab, and select an operator to delegate their node. They will also need to enter the operator’s commission rate and choose the node for delegation. After delegation, users can monitor the node’s performance in real-time on the “Run by Operators” page.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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