–News Direct–
On March 25, HTX will be adding another $50 million staking quota for the Liquid Restaking event, thereby doubling the current reward pool. According to reports, the event attracted over 10,000 participants within just 10 minutes of its debut, with participants eagerly securing their share of the initial $50 million staking quota.
HTX Increases Prize Pool Amid Ongoing Restaking Fever
With the completion of the Dencun Upgrade, Ethereum and its associated ecosystem are showing robust performance. The narrative of liquid restaking (LRT) has garnered substantial market attention with the surge of EigenLayer projects. As the first crypto exchange to support Restaking, HTX pioneered the Liquid Restaking event, allowing users to share on-chain rewards in an easy, risk-free way.
Since its debut, the HTX Liquid Restaking event has been met with enthusiasm from users. Currently, the event boasts over 20 million followers and 58,000 participants, with a total participation amount exceeding $100 million.
By enrolling now, participants will not only receive daily on-chain rewards generated by the platform's $50 million staking quota but also stand a chance to double their rewards as the platform adds another $50 million staking quota on March 25. Meanwhile, participants will be able to enjoy a 150% boost on their rewards as the platform prepares to roll out the following features soon.
1. Join by Teaming Up with Friends: Participants can team up with their friends to get enrolled in Liquid Restaking and consequently enhance their reward sharing.
2. Enjoy Boost Based on Contributions to the Platform: Participants' daily trading fees and HTX holdings (in spot and Earn accounts) can help raise their share of rewards.
3. More Accounts Available: Participants' assets in futures accounts will also be snapshotted, besides spot accounts, to boost their share of rewards.
Platform users can invite friends to share the prize pool! Simply by clicking "Enable All" on the event page, they'll be able to participate in Liquid Restaking with multiple cryptocurrencies and through multiple accounts.
Join the HTX Liquid Restaking to Earn Initial Airdrops from Trending Projects
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.
Rewards you can expect to receive:
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
Event rewards will be distributed in various LRS points. You can redeem these points for corresponding cryptocurrencies after the designated projects distribute airdrops. The distribution timing of the rewards depends on the projects' initial airdrop schedule, which may commence after April. Rest assured that your assets on the HTX exchange will always be safeguarded regardless of any risks that may occur on the blockchain during the event, and the earnings will be distributed in the form of rewards. HTX will fully bear any potential losses that may occur, providing you with a worry-free participation experience.
The HTX Liquid Restaking event, boasting features such as high value, free claims, greater flexibility, and zero risk, provides CEX users with an excellent opportunity to share on-chain rewards in an easy, risk-free way. Given participants' enthusiasm in grabbing the initial $50 million staking quota, it's advisable to stay informed about the upcoming second round, which will add an extra $50 million staking quota. Join early to maximize your rewards and points. Don't miss the opportunity to reap on-chain rewards offered by the HTX Liquid Restaking event.
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/reward-pool-doubling-htx-liquid-restaking-to-add-50m-staking-quota-on-march-25-507578906
HTX
COMTEX_449652037/2655/2024-03-22T08:24:11
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Current Hue journalist was involved in the writing and production of this article.