Here’s a detailed overview of Chainbase (token:
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🔍 What is Chainbase
Chainbase is a purpose-built Hyperdata Network designed to structure, verify, and distribute on-chain data tailored for AI applications—what they term "DataFi" .
It uses a dual-chain architecture alongside a dual-staking model and AVS (Active Validation System) to ensure data integrity, low latency, and high throughput .
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🪙 What does it do?
Utility token: Serves as the currency for accessing datasets, interacting with Chainbase APIs, and powering dApps built on the network .
Staking & validation: Token holders can stake or delegate $C to support the AVS network, earning rewards from data query fees and validation incentives .
Governance: Enables community participation in decisions—holders can vote on protocol changes, incentive models, and technical upgrades .
Economic alignment: Delegators receive a share of fees from contributed value; contributors are incentivized to enrich the ecosystem .
