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2024 could be labeled the "Year of Staking". Staking cryptos has become widely acknowledged as a means to accumulate wealth, which is evident across various blockchain ecosystems including Cosmos, Solana, Bitcoin, and Ethereum.
Currently, potential token airdrops from popular projects like EigenLayer, Puffer Finance, Merlin Chain, and BounceBit are directly igniting the "Restaking" sector, fueling FOMO sentiment in the market. What are simpler ways to engage in sharing the on-chain rewards from the Restaking sector within the blockchain ecosystem?
HTX Liquid Restaking emerges as the easiest method to get access to the Restaking sector.
HTX Liquid Restaking Boasts High Value, Free Claims, Greater Flexibility, and Over $100M Staking Quota
Since the launch of the HTX Liquid Staking event on February 29, HTX has pioneered as the first crypto exchange to enable users to participate in Restaking without any entry requirements.
Highlighted by features like high value, free claims, and greater flexibility, the HTX Liquid Restaking event recently saw its reward pool double on March 25 with the addition of another $500 million staking quota. This enhancement means that participants can share rewards generated by $100 million staking quota. Moreover, participants can share corresponding crypto rewards after the platform takes a snapshot of their asset holdings in their Spot accounts and net equity in their Futures accounts.
Users can register for HTX Liquid Restaking with their Spot and Futures account balances snapshotted to earn rewards, including:
EigenLayer's initial airdrop (A trending Ethereum restaking project with TVL of over $7 billion)
Puffer's initial airdrop (A trending Ethereum restaking project with TVL of over $1 billion)
Merlin Chain's initial airdrop (A Bitcoin Layer 2 solution with TVL of over $1.5 billion)
BounceBit's initial airdrop (A Bitcoin staking chain with TVL of over $0.45 billion)
Crypto rewards, such as ETH, USDT, HTX, and TRX
HTX provides easy access to the Liquidity Restaking event. Visit the Liquid Restaking event page on the platform, and users can easily enroll in the event with just one click. Remember to fund your HTX account by making deposits, trades, etc., to hold at least $1 worth of BTC, ETH, USDT, HTX, TRX, or other designated assets.
HTX Liquid Restaking Enables Team Participation for Enhanced Rewards
As the event continues to evolve, HTX Liquid Staking has introduced a new feature: team participation. Joining teams encourages teamwork and competition, empowering participants to leverage their influence, and offering an opportunity to claim greater rewards. Participation is as simple as creating your own team or joining an existing one.
According to HTX's official announcement, the exchange has decided to further boost the event's reward pool by adding $20,000 worth of $HTX specifically for team leaders. (Stay tuned for more incentives for teams and team leaders.)
As for the event details, it is reported that snapshots of the event leaderboard will be taken from March 25, 2024, at 09:00 (UTC) to April 24, 2024, at 16:00 (UTC). Rewards worth $20,000 in $HTX will be distributed within 7 working days after April 24, 2024, at 16:00 (UTC). Moreover, the rewards will be given to the leaders of top-ranked teams that hold the top 3 positions for the most days within 30 days by April 24, 2024. The rankings are based on the leaderboard's snapshots taken daily at random time during the event period. Specifically, teams will be ranked based on the team participating amount (the total assets of all members enabled for Liquid Restaking for the designated cryptocurrencies). The leaderboard can be viewed on the event page.
Here's how you can create/join a team:
How to create a team: Visit the Liquid Restaking event page > Click on Boost > Create Team > Set up the team profile > Share the invitation poster or link with friends; How to join a team: Scan the QR code on the invitation poster / click the invitation link > Visit the Liquid Restaking event page > Confirm / Enter the team invitation code > Join the team.
In addition to creating or joining a team, you have the opportunity to receive up to a 150% boost on your rewards through the following means:
1) Daily trading fees, including net fees generated from spot, margin, and futures trading. The higher the daily trading fees, the greater your rewards get boosted.
2) $HTX holdings (in Spot and Earn accounts).
HTX Introduces Support Plan for Leaders at Liquid Restaking
Starting from March 29, HTX has launched a series of incentives aimed at facilitating the leveling up of high-quality teams. This includes raising the maximum team level in Liquid Restaking from level 16 to level 20 and significantly increasing the boost for leaders at level 7 and above. Additionally, it has also introduced a team leader support plan targeting high-quality teams.
Support Plan for Leaders at Liquid Restaking:
1. Privilege to Expand Team Size
Once a team reaches level 10, 150 spots are immediately added, increasing the maximum limit to 450 members.
Once a team reaches level 15, 300 spots are immediately added, increasing the maximum limit to 600 members.
2. Official Resource Support
From March 29 to April 7, leaders of the selected dark horse teams will receive official resource support for greater growth potential, including increased exposure and community support. Eligibility requirements for dark horse teams are as follows:
Teams at level 15 and above with an amount increase of $10 million or more during the period.
Teams from level 10 to level 14 with an amount increase of $2 million or more during the period.
Teams at level 10 and below with an amount increase of $1 million or more during the period.
Resource support includes, but is not limited to:
a. Customized posters
b. Recommendations and promotions at HTX's official community and platforms.
c. Opportunities to be invited to join HTX's official live streams.
For further details, please refer to https://www.htx.com/support/34966029252432
HTX Liquid Restaking offers users an easy, secure, and efficient investment option to secure their share of the on-chain rewards of the Restaking sector within the blockchain ecosystem, without worrying about asset safety and liquidity issues.
About HTX
Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3.
Contact Details
Michael Wang
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/your-shortcut-to-restaking-htx-liquid-restaking-offers-enhanced-rewards-and-facilitates-team-participation-123203010
HTX
COMTEX_450260077/2655/2024-04-03T01:40:32
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Emerald Journal journalist was involved in the writing and production of this article.