Tag: staking

FILLiquid Testnet Begins Today, and You Can Earn Airdrop Rewards for Helping Filecoin Grow

February 20th, 2024—FILLiquid, the pioneering decentralized lending platform, has officially launched its highly anticipated incentivized testnet today. FILLiquid is a liquidity pool and borrowing platform for Filecoin that connects $FIL holders and Storage Providers. The protocol allows $FIL holders to earn a passive income through liquid staking, while Storage Providers can borrow $FIL without depositing crypto or fiat as collateral.

Beginning today, any Filecoin aficionado can interact with the FILLiquid protocol and start earning rewards for their contributions. Participants will earn $FIG rewards – the protocol’s governance token – for testing the functions of the testnet, with rewards being airdropped following its mainnet launch.

The testnet is a critical step toward the official launch of the FILLiquid mainnet protocol, enabling Storage Providers to offer consistent power growth for the Filecoin network through deeper $FIL liquidity.

Key Features To Explore During the Incentivized Testnet

Participants will be required to connect their wallets to the Filecoin Calibration testnet network and load their tokens with $TFIL to interact with the testnet. Once connected, users can test the three products FILLiquid offers: Staking, Borrowing, and Farming.

Staking allows holders to deposit $FIL into the liquidity pool to earn interest through lending. Stakers receive $FIT as a liquid staking derivative to act as a proof-of-stake in the protocol, which rises relative to $FIL as borrowers pay interest.

The borrowing feature allows Storage Providers to bind their miners to the testnet and start borrowing $FIL on the testnet to experience how borrowing without collateral works. Miners must pledge their Beneficiary Addresses to the protocol to act as collateral to secure the loan.

Finally, the farming product allows users to Farming $FIG – Deposit $FIT tokens to earn rewards in the protocol’s governance token, $FIG. Borrowers can also farm $FIG through the Debt Farming section.

Together, these products form the lending and borrowing protocol that aligns with Filecoin’s overall goal of reducing the cost of storage power growth by increasing $FIL liquidity. Joining the testnet allows you to be part of a pioneering movement that pushes Filecoin liquidity into a new realm, ensuring long-term sustainable power growth for the overall network while earning $FIG airdrop rewards at the same time.

The Incentivized Testnet: The First Stop Before Mainnet Success

The recently launched testnet is an opportunity for FILLiquid to showcase its product while serving as an opportunity to stress test the liquidity pool in a live environment.

FILLiquid also intends to utilize the testnet to build its community, provide additional rewards through a bug bounty and referral program, and receive valuable feedback from users to help elevate the dashboard and user experience.

Once the testing phase is complete, FILLiquid will have the smart contracts externally audited to ensure security before launching its mainnet.

About FILLiquid

FILLiquid is a decentralized $FIL liquidity pool and borrowing platform that allows $FIL holders to deposit tokens for lending. At the same time, Storage Providers can borrow $FIL without depositing fiat or crypto liquidity.

The protocol is designed to help facilitate the continued storage power growth on Filecoin. With Storage Providers having to pledge $FIL every time they offer storage services, they’re struggling to allocate $FIL efficiently. Currently, their only options to acquire $FIL are to buy it on the open market, use previous earnings from providing storage services, or borrow at high-interest rates from centralized platforms.

FILLiquid intends to deepen the $FIL liquidity available for Storage Providers to borrow without increasing their financial burden. Instead, they can pledge their Beneficiary Address to the protocol to secure the loan, allowing them to deploy capital more efficiently. Simultaneously, $FIL holders can earn a passive income by lending $FIL to the liquidity pool.

Website: https://filliquid.io/
Twitter: https://twitter.com/FILLiquid
Discord: https://discord.gg/xgFRn3x9CF
GitHub: https://github.com/FILL-Lab
Telegram: https://t.me/filliquidA

Media contact:
Isaac Essuman
media@fliquid.io
Marketing Manager

February 20, 2024
SSV.Network’s Ethereum Staking Ecosystem Powered by DVT Secures $140M TVL

SSV.Network provides developers with simple and adaptable systems powered by DVT technology—a revolutionary structural framework created exclusively for Ethereum staking. Because of its permissionless nature, SSV allows staking operators and validators to play an active part in the Ethereum staking ecosystem.

SSV.Network Redefining Ethereum Staking with DVT-Powered Innovations and $140M+ Total Value Locked (TVL)

SSV.Network has developed a new benchmark for Ethereum staking by launching its staking applications with over $140 million worth of ETH being staked using the cutting-edge DVT-powered staking infrastructure. This has led to SSV.Network’s Total Value Locked (TVL) crossing the $140 million mark highlighting the increased integration of DVT by upcoming business as well as seasoned actors into their staking products.

The adoption of Distributed Validator Technology (DVT) has seen the Ethereum staking market experience unprecedented growth and stability which has then fueled the demand for SSV staking solutions. Over 66,000 ETH has been staked into SSV-powered applications, with more than 2,000 validators and 80 operators operational on the SSV mainnet.

Many DVT-native staking apps, including Claystack, Metapool, Stake Together, 01Node, StakeStar, and StaFi, are hosted on SSV’s mainnet. These apps serve individual investors by providing a variety of forms for a private, decentralized, and robust staking experience. The SSV DAO is also encouraging DVT adoption by providing validators who join the network with a 50% APR boost, either directly through ssv.network or through SSV-based staking applications

SSV’s DVT-powered apps are being actively tested and integrated by major participants in the staking space, such as Stader, StakeWise DVT vaults, ChainUP, ANKR, XHash, EBunker, Rocketpool (gift intent), and Lido (via the new Simple DVT Module). These applications enable broad user engagement in next-generation staking from institutional staking services to staking pools. SSV DAO has set aside over $3 million in a bid to assist 55 projects that aim to grow the SSV.Network ecosystem.

Early in December, the Permissionless mainnet became live after a SSV DAO vote that allowed public validators to connect to the network and share stacking configurations across different node operators. This has enabled individuals to connect and operate a node, staking services for network validators in exchange for $SSV incentives.

In conclusion

This tactic by SSV network of integrating the DVT Network within its ecosystem has enhanced client satisfaction and also development of the Ethereum network by facilitating easy customization, increasing uptime while also reducing the chances of centralization. The SSV protocol, as a freely available technology, encourages developers to build on it, allowing individual projects to use DVT benefits while adapting applications to their own target markets.

December 21, 2023
Ahead of Ethereum’s Shanghai Upgrade Bybit Launches Optimized ETH Staking – Here’s What You Need to Know
- Bybit to offer its new Web3 Staking Pool ahead of Shanghai Upgrade
- Ethereum staking APR of up to 6.5%
- Bybit’s to accompany the upgrade with two trading events
Bybit, a renowned cryptocurrency exchange, has launched its new Web3 Staking Pool, offering optimized Ethereum staking options to users. This product has enabled users to take advantage of ETH staking in time for Ethereum’s much-anticipated Shanghai upgrade. The staking pool simplifies the process of adding liquidity to Curve Finance and can lead to an ETH staking APR of up to 6.5%. You can find out more about it here.

Bybit users can access staking products by using BTC, USDT, and USDC balances without buying ETH. Bybit is offering two trading events ahead of the upgrade, the ETH Shanghai Upgrade Trading Bash and Bybit’s Supreme Scorer 2023.

Simplified Web3 Staking Pool

Bybit’s Web3 Staking Pool simplifies the process of ETH staking and reduces the steps required to add liquidity to Curve Finance. Users can benefit from an ETH staking APR of up to 6.5% without buying ETH.

According to Ben Zhou, co-founder and CEO of Bybit, “By introducing our Web3 Staking Pool via a dedicated landing page, we are making it easier for users to interact with decentralized finance and gain more rewards for their assets. Essentially, we are offering single-sided staking, which boosts the APR of ETH.”

What’s the Deal with the Shanghai Upgrade?

Ethereum’s Shanghai upgrade is a series of upgrades for the Ethereum network, which will have significant effects on the blockchain. The upgrade followed the launch of the Beacon Chain in December 2020, which marked the beginning of Ethereum’s journey towards PoS from PoW validation mechanisms.

The Beacon Chain coordinated user staking, which is only possible on PoS systems on Ethereum. Staking allows crypto holders to put their digital assets to work and earn passive income without selling their assets. However, the minimum amount of ETH required for staking was 32 ETH, making it inaccessible for most individuals. Liquid staking, which allows individuals to contribute smaller amounts of ETH, has made staking more accessible. The Shanghai upgrade will enable users to unstake their ETH.

Bybit’s Two Trading Events to Accompany the Upgrade

Bybit is hosting two trading events ahead of the Ethereum Shanghai upgrade, the ETH Shanghai Upgrade Trading Bash and Bybit’s Supreme Scorer 2023. The events kick off on April 4th at 10:00 am (UTC) and will run until April 21 and 25, respectively.

The ETH Shanghai Upgrade Trading Bash allows Bybit users to trade any ETH-related derivatives and share in a total prize pool of 450,000 USDC. The Supreme Scorer 2023 gives users the opportunity to predict the price movement of eight different ETH-related trading pairs and share in the 80,000 USDT bonus pool. Bybit’s trading events aim to provide users with more opportunities to benefit from the upgrade and grow their wealth in the Web3 era.

Wrapping up

Bybit’s launch of its new Web3 Staking Pool is great news for cryptocurrency traders and investors, providing them with optimized Ethereum staking options ahead of the highly anticipated Shanghai upgrade.
March 31, 2023
Everything You Need To Know About Crypto Staking & Why It’s Beneficial For You?
The annual inflation rate of the US in 2022 is 8.3%, which makes this the best time to challenge this rising inflation and make some side money. Guessing how? You can stake crypto and gain interest on your idle savings.

But do you know about crypto staking and its benefits?

Crypto Staking: Its Definition

Crypto staking “shuts in or locks” a chunk of your available cryptocurrency for a definite time that contributes to a blockchain network. This side hustle strategy is great for many and has great rewards for people with a significant crypto value in their savings.

Crypto Staking: Its Operation

The PoS (Proof of Stake) is a consensus mechanism that verifies and secures the transactions without the need for a third party. When you stake your crypto, it becomes a part of the blockchain network, and the network puts it to work. Ergo, when validators lock crypto, they earn rewards.

Types Of Stake-able Cryptocurrencies

At the moment, cryptos with Proof of Stake can be staked. These are:
- Ethereum (ETH)
- Polkadot (DOT)
- Solana (SOL)
- Cardano (ADA)
- Tezos (XTZ)
- NEAR Protocol (NEAR)
But working with platforms like SmartCredit.io can allow you to stake SMARTCREDIT tokens and earn rewards within 90 days. With weekly staking rewards & gasless re-staking benefits, anyone can make a good side income.

Staking Crypto: Methods

Remember, not every crypto holder can become a validator. You should have a significant amount of cryptos in your account and an efficient hardware system with sufficient computational power to qualify as a validator.

With minimum barriers, the crypto industry has found better ways to use crypto assets. The other options available include:
- Staking pools
- Exchanges
Exchanges

These are easily accessible, making them a suitable option for crypto holders to stake crypto. Numerous exchanges like SmartCredit.io propose crypto staking services to their users. Each platform has a set of different rewards and perks. So, make sure you check them out before getting started.

Staking Pools

Staking pools is another option, where peers are responsible for exchanging crypto. As the word “pool” suggests, numerous contributors stake their crypto assets jointly. However, the caveat is – in spite of the fact that many people contribute to the joint pool, the crypto required to stake is less, with only a few rewards than that awarded to a validator.

Benefits of Crypto Staking

People often get concerned about the ownership of their cryptos. With crypto staking, your currency will remain under your ownership and safe throughout the process. Long-term crypto holders can gain rewards on their assets.

The reward you can gain is a percentage yield similar to acquiring interest on your savings account. This return percentage is different for each crypto. However, this number is mostly higher than the per-year percentage yields you can acquire from a conventional bank.

Staking also offers enhanced security and efficiency to your crypto projects on the blockchain. Staking a portion of your crypto allows you to strengthen blockchain while making it resilient to attacks.

Conclusion

Staking crypto is a fantastic opportunity that makes side income for people with crypto assets. The more crypto you stake, the better yield percentage and rewards you can achieve. Responsible crypto staking can be a very profitable source of income for you as a PoS holder.
December 16, 2022
Auto-Staking on the AirFi Network Platform

England, October 17, 2022—Doing nothing and making money EVERY MINUTE is now real!

One of the most popular and easily accessible ways to earn passive income at the moment is Auto-Staking.

This article will tell you about this way in detail!

The Highest Paying Auto Staking & Auto Compounding DEX Protocol guaranteed Fixed APY 745,080.40%

AirFi Network provides users with a high-tech decentralized financial asset that allows users to receive a reward in a stable model of a fixed compound interest through the use of a unique Auto-Staking.

AirFi Network Auto-Staking is a new financial protocol with an enhanced security system. It simplifies and increases the efficiency of staking and provides holders of $AFI tokens with a high and stable crypto-profit.

What you need to do to start making money:

• buy $AFI tokens;

• keep them in your wallet.

Thus, you will receive a reward in the form of interest payments directly to your wallet in accordance with APY. All this is possible due to the Buy-Hold-Earn function, which provides holders of $AFI tokens with maximum simplicity and highly efficient use.

AirFi Network has a fixed APY of 745,080.40%. Holders of $AFI tokens receive regular payments of 0.0017% every minute! This is the actual limit for the Binance Smart Chain network that allows the auto-staking system to work smoothly.

AirFi Network is focused on DeFi innovations that create benefits and value for $AFI token holders. The protocol used in the $AFI token provides the owners of $AFI with the following perks:

•   The highest fixed annual interest rate. AirFi Network pays 745,080.40% during the first 12 months. After the first 12 months, the interest rate decreases during a predetermined period of the long-term interest cycle.

•   Fast interest payments. AirFi Network pays each holder $AFI rewards every minute, which makes it one of the fastest protocols for automatic interest accrual in cryptocurrency with stable and smooth work.

•   Interest income with automatic payments. You don’t need to place your tokens over and over. Interest income is paid automatically to your wallet. This way you will never miss the next payment.

•   Simple and safe placement. You are the sole and rightful owner of your tokens. To receive a reward for staking, you do not need to transfer tokens to third-party centralized platforms. It is enough to buy $AFI tokens and keep them on your personal wallet. Then regular rewards will be automatically credited to your wallet.

•   Low risk with automatic commission collection mechanism.13% of each purchase and 13% of each sale of $AFI tokens are used to maintain the protocol, as well as regularly pay tokens and nodes holders.

•   Automatic burning of tokens. One of the most important features of the AirFi Network is the automatic token burning system, which allows you to control the circulating supply of $AFI tokens, as well as maintain the high cost of the $AFI token. Based on this system, 2% of all market sales of $AFI tokens are sent to the bonfire, thus suspending inflation.

Thus, it can be concluded that the AirFi Network is an effective and stable system of staking and rewarding for holders of $AFI. The platform applies a complex set of factors to support the price of its $AFI token and rebase rewards. As a result, AirFi Network Auto-Staking is the most easily accessible and stable way to grow your capital multi-fold!

Links to AirFi Network’s social networks:

WebSite: http://AirFi-Network.com/

Social media:

Twitter: https://twitter.com/AirfiNetwork

Chat: https://t.me/airfinetwork_group

Announcement: https://t.me/Airfi_Network

Discord: https://discord.gg/rsJAq4hk7z

Medium: https://medium.com/@networkairfi

Contact email: support@airfi-network.com

This is a paid for article. The views and opinions presented in this article do not necessarily reflect the views of CoinCodex. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.

October 17, 2022
Cake DeFi Adds Ethereum Staking Service

Cake DeFi, an innovative fintech platform that leverages the benefits of decentralized finance, has added Ethereum staking to its growing list of DeFi services. The Singaporean company announced the addition of the new feature on September 6, 2022. The feature is complemented by a tradable token on the open market, which will offer ETH stakers access to liquidity.

As one of the fastest-growing DeFi companies in Asia, Cake DeFi offers easy access to decentralized finance. Its latest feature comes at the right time, a few weeks after the hugely important “Ethereum Merge”. It offers a 5% staking yield on ETH.

New opportunities for crypto investors

The long-awaited Ethereum Merge was concluded in September, meaning that the network has fully transitioned from a Proof-of-Work to a Proof-of-Stake consensus mechanism. This implies that validators can now stake their cryptocurrency into a long-term deposit contract for rewards.

Undoubtedly, the Ethereum Merge has created opportunities for retail investors too. They can now lock their ETH for the opportunity to validate transactions and earn rewards for their contributions. However, investors will have to wait for the Shanghai upgrade before they can unstake their assets. Cake DeFi have found a way around this limitation by allowing users to essentially unstake their ETH with a token that’s tradable in the open market.

Creating opportunities and improving decentralization

In addition to joining the ranks of ETH staking service providers, Cake DeFi has made a relevant move to promote the decentralization of the Ethereum network. Binance, Coinbase, Kraken, and Lido are the top staking platforms for ETH, and they control more than 50% of the stake on the network. These platforms have their nodes mostly based in the United States and Europe.

Cake DeFi has done something entirely different. Its nodes are based in Singapore, reducing the concentration of Ethereum validator nodes in North America and Europe. By enhancing the decentralization of Ethereum, the platform is encouraging developers and investors from every part of the world to step up their game as well.

Speaking about the latest feature, Cake DeFi’s Co-Founder and CEO, Julian Hosp, said:

“ETH Staking is the latest addition to our popular Staking service. We made a deliberate decision to host our own nodes in Singapore. At the moment, Ethereum nodes are mostly concentrated in North America and Europe. Hosting our own Singapore-based nodes will boost the confidence of investors and developers in the region and support the spirit of decentralization. Many exchanges and platforms are not offering ETH unstaking until the Shanghai upgrade but it was important for us to provide utility to our ETH stakers, which will be achieved via an open market”.

Wrapping up

Cake DeFi has not just introduced ETH staking – it did so in a well thought out manner. In addition to an impressive 5% annual yield, its ETH staking will be auto-compounded every 12 hours. ETH stakers will also be able to effectively unstake before others, thanks to an upcoming tradable token that will be available on the open market.

October 6, 2022
Users Can Now Earn Ookeenga (OKG) Tokens on Bybit Launchpool
Key takeaways:
- Bybit has announced that Oookeenga (OKG) will be the next token on Bybit Launchpool
- Bybit Launchpool allows users to earn tokens from up-and-coming projects simply through staking
- Ookeenga is a GameFi project that combines elements from the RTS, CCG and tower defense game genres
The Bybit cryptocurrency exchange has announced that OKG, the governance token of GameFi project Ookeenga, will be the next token featured on the Binance Launchpool platform.

Ookeenga is a video game that offers both PvE and PvP game modes to players. In terms of gameplay, Ookeenga combines characteristics from the real-time strategy, collectible card game and tower defense genres. The game leverages non-fungible token (NFT) technology to represent playable items and characters, giving players the opportunity to own and trade their in-game assets freely.

https://youtu.be/B9CNqIplOlA

The Ookeenga ecosystem features two tokens: OKG and KAB. OKG, which has a limited supply, functions as a utility token and also grants its holders the right to participate in governance. KAB does not have a supply cap and functions as a payments token that can be spent on creating new characters, upgrading items and other in-game activities.

OKG, the token that will be featured on Bybit Launchpad, is issued on the BNB Chain blockchain using the BEP-20 standard. Ookeenga players will be able to earn OKG through staking, in-game activities and participation in the governance process. The Ookeenga project says that control of the community treasury, which will hold revenues generated by the Ookeenga platform, will eventually be transferred over to OKG stakers.

BIT holders can now get OKG tokens for free on Bybit Launchpool

Bybit Launchpool is a platform where users can earn tokens from up-and-coming blockchain projects without taking on any significant risks. Users can simply stake their tokens into a pool to earn new tokens, and are free to unstake at any time. After unstaking, the user receives all of their staked tokens back immediately.

Earn OKG on Bybit Launchpool

At the time of writing, users can stake their BIT tokens to earn OKG on Bybit Launchpad. In total, 4 million OKG will be distributed to stakers in this pool. So far, more than 5.5 million BIT has been staked by over 1,000 users in total. According to Bybit, OKG holders will also be able to stake their tokens at a later point in time to earn additional OKG. A total of 500,000 OKG will be distributed through this pool.
September 12, 2022
Best Platforms to Stake Ethereum 2.0

The Ethereum blockchain is moving from Proof-of-Work (PoW) consensus mechanism to Proof-of-Stake (PoS). If you want to stake ETH by yourself, you must have a minimum of 32 ETH. Fortunately, there are many staking service providers that will allow you to stake smaller amounts and earn staking rewards. Additionally, you must keep in mind that it will not be possible to withdraw staked ETH coins for a period of time after The Merge is completed on the Ethereum mainnet.

To run a node by staking ETH on the Ethereum 2.0 smart contract, a processor with a certain speed and number of cores, RAM, and SSD space are also needed. Due to these requirements, several platforms have provided simpler possibilities for their users to stake ETH. These platforms have lowered the minimum amount of ETH required for staking and made it possible for users to stake in a simple way.

Staking Platforms for ETH 2.0

There are several platforms that we can use for staking ETH 2.0. The most well-known among them are Lido, Ankr, Binance, and Kraken. All these platforms are pool operators, and by staking ETHs on their operators, we can participate in the management of the Ethereum network. Below, you will see a preview of these platforms and a guide on how to stake ETH using them.

Lido

Lido is a staking platform that is focused on solving many issues for ETH 2.0 stakers. Users can deposit their funds into the protocol, which is managed by the Lido DAO. To stake ETH 2.0 on Lido, you need a Web3 wallet.

After selecting and connecting your wallet, you can view your ETH balance in the Lido widget. You must enter the amount of ETH you want to stake and click the Staking button.

In this step, you can see the transaction fee, your stETH balance, and your APR. stETH is a token that is designed to be pegged at a 1:1 ratio with ETH. You will receive the same amount of stETH for your staked ETH. With stETH, you can make DeFi transactions, trade with other tokens, and withdraw your staked tokens at any time. Once you confirm the transaction, your stETH balance will be updated daily, and you will earn ETH returns at the determined rate.

Ankr

Ankr is a comprehensive platform developed to reduce entry barriers to ETH 2.0 staking. On this platform, you can stake with a minimum of 0.5 ETH, switch between node operators, and use liquid aETHb or aETHc tokens. You can withdraw both tokens from the stake at any time. There are a few key differences between the two tokens:

aETHb

The aETHb token is a reward-earning token. When you stake ETH with the aETHb token, the number of aETHb tokens in your wallet will increase day by day. There is 1 liquidity pool created for aETHb.

aETHc

The aETHc is a reward-bearing token. If you stake ETH with the aETHc token, the number of aETHc tokens in your wallet will always remain constant. The price of the aETHc token is increasing day by day against ETH. For example, today you need to spend 1.08 ETH to buy 1 aETHc token, but after 3 months you can sell your aETHc token for 1.09 ETH. There are more than 5 liquidity pools created for aETHc.

After visiting Ankr, you should connect your Web3 wallet. After viewing the ETH balance in your wallet, you can do staking by pressing ETH Liquid Staking and then choosing one of the aETHb and aETHc tokens.

You may see a warning that you can get 11% off when you use OpenOcean to convert your ETHs to aETHb or aETHc. After you decide which staking type to choose, you can do the swap over at OpenOcean.

Binance

Binance is also a platform that offers ETH 2.0 staking and distributes rewards daily. US citizens must legally use Binance US, not the global version of Binance, and Binance US unfortunately does not offer Eth 2.0 staking. But if you reside outside the US, you can continue reading the Binance ETH 2.0 staking guide.

The minimum ETH staking requirement on Binance is 0.0001 ETH. Staking APY, on the other hand, varies based on staking income on the real chain. When you stake ETH on Binance, you earn rewards in BETH, Binance’s stablecoin pegged to ETH. When you stake, you will not be able to access your ETH funds again until the transition to Ethereum 2.0 is completely completed, but since BETH rewards are distributed daily, you can make any transaction with those tokens or even stake them by converting them to ETH at a ratio of 1:1.

After you log in to Binance.com and become a member, you must select ETH 2.0 from the Earn option at the top. After seeing the current APR, you can stake as many ETH in your spot balance as you want on the ETH 2.0 smart contract by clicking the Stake Now button.

In the second confirmation pop-up, you must confirm that you understand the specific risks associated with staking. Binance covers the validator operating expenses of all staking users and bears the risks of on-chain penalties.

Kraken

Kraken is a platform that allows you to stake ETH by combining your ETH holdings with those of other traders. The coins you stake will remain locked until the ETH 2.0 network upgrade is successfully completed. To stake ETH on Kraken, you must create an account first.

After completing the KYC steps, you can transfer as much ETH as you want to your spot wallet. Then you should click on the Staking tab in the top menu.

Here you will see many cryptocurrencies available for staking. After clicking Ethereum 2.0, type the amount of ETH you want to stake and click the Preview Stake button. You can see the details of the staking process in the pop-up window.

You can view the ETH you stake in the Active Stakes section and the ETH rewards you have earned in the Rewards tab. To unstake ETH, you must wait for Ethereum 2.0 to be successfully released on the Beacon Chain.

Conclusion

In order to evaluate your Ethereum investment in the long term and contribute to the blockchain network, you may want to stake Eth 2.0. This process potentially offers between 5% and 20% APR. Whichever platform you choose, you should consider the possible risks before investing. You could be exposed to price fluctuations in the cryptocurrency market.

August 12, 2022
Sonu Sood Launches Bluechip Token at Versace Palazzo, Dubai

Blue Chip Launches Their Real Estate Industry Backed Token

While the adoption of cryptocurrencies continues to grow, as evidenced by last year’s bull market, there is still an abundant need to integrate real-world assets onto the blockchain.

The goal of BlueChip Token is to close this gap by connecting blockchain technology and the real world. BlueChip Token will make it simple and quick to tokenize and fractionalize real estate through many channels, including Metaverse, by using a set of smart contracts.

Ravinder Soni, CEO BlueChip Token says:“ BlueChip token aims to help maximise the investors’ steady and fast growth in the market. As they also have a staking program.”

Their premium staking program allows you to invest and earn high returns from multiple industries, all on a single platform. This makes BlueChip Token one of the world’s most powerful staking programs to offer such high returns.

The launch event of the BlueChip token witnessed Sonu Sood, an Indian actor, as chief guest along with Indian wrestler. The Great Khali, former Indian cricketer – Mohd. Azharuddin, Indian comedian- Sanket Bhosale, and Sugandha Mishra with other VIPs from various industries in Middle East like Dr. BU Abdullah, Mr. Mohd. Siddiq Khan, Mr. Butti Mohammed Khalifa,

Chief Executive Of Al Ali Yachts LLC & Sea Riders LLC – Mr. Yaqoob Al Ali and Father of the Middle East Cinema – Mr. Ahmad Golchin.

Sonu Sood said in his address to the gathering at the inauguration ceremony:“I’m honored to be a part of the Blue Chip Family. BlueChip is a terrific investment opportunity supported by real estate. BlueChip is a trusted name for a brighter future for you and your loved ones.”

Blue Chip is bringing real estate to Metaverse, where people can own lands, homes and clubs. Blue Chip is elevating real estate investment to a new level.

About Blue Chip

The consultants and advisers on the BlueChip Token team are experts in the field with a range of backgrounds. The investments are advised across a variety of businesses where BlueChip has a long history and a solid presence.

With BlueChip Token, investors earn monthly returns on their investment with the help of a staking program.

Company name: BlueChip Token

Website URL: https://bct.network

July 7, 2022