On February 21, Yu Hu, founder of AI-based crypto search engine Kaito AI, said in a social media post, "The KAITO staking reward has been launched, and about 10% of the tokens have been staked, with an annualized yield of 70%. It is expected that this yield will gradually return to normal in the next few days. Investors/foundations/teams' lock-up tokens cannot be staked. The current source of rewards is liquidity incentives, but starting next week, as network fees increase, this will turn into net consumption. More uses for staking will be announced later."