Introducing PoolX, Bitget’s solution to farmers' demand for flexible staking

[Incarts]

Traditional staking allows participants to stake assets, and lock them up for fixed periods while they accrue yields for the duration of the stakes. While this may sound great, the fixed locks mean that participants are unable to react to any unpleasant circumstances early enough.

Realising this challenge, Bitget has introduced PoolX to deliver flexible staking option, one that allows users to redeem their staked assets from a staking pool whenever they desire. A flexibility that allows users to earn staking rewards without sacrificing liquidity considering that PoolX generate hourly returns.

Having earned the trust of users through the juicy APY Bitget Launchpools offer– ZKF and ENA for instance delivered an incredible 329% and 241% APY for a 2 day and 10 day farming period respectively; it is left to be seen if the newly launced PoolX can replicate such yields. 

One thing for sure, PoolX is on a mission to redefine the token farming experience with its flexibility and profitability. How excited are you with this product?

[Wakanda]

On 30/04/2024 at 15:58, Incarts said:

Traditional staking allows participants to stake assets, and lock them up for fixed periods while they accrue yields for the duration of the stakes. While this may sound great, the fixed locks mean that participants are unable to react to any unpleasant circumstances early enough.

Realising this challenge, Bitget has introduced PoolX to deliver flexible staking option, one that allows users to redeem their staked assets from a staking pool whenever they desire. A flexibility that allows users to earn staking rewards without sacrificing liquidity considering that PoolX generate hourly returns.

Having earned the trust of users through the juicy APY Bitget Launchpools offer– ZKF and ENA for instance delivered an incredible 329% and 241% APY for a 2 day and 10 day farming period respectively; it is left to be seen if the newly launced PoolX can replicate such yields. 

One thing for sure, PoolX is on a mission to redefine the token farming experience with its flexibility and profitability. How excited are you with this product?

I participated in the BCCOIN PoolX event and the token did exceedingly well. I love its flexibility and the mode of reward distribution. Also allowing users stake USDT to participate makes it very accessible to all.

[parvashasan]

On 30/04/2024 at 20:58, Incarts said:

Traditional staking allows participants to stake assets, and lock them up for fixed periods while they accrue yields for the duration of the stakes. While this may sound great, the fixed locks mean that participants are unable to react to any unpleasant circumstances early enough.

Realising this challenge, Bitget has introduced PoolX to deliver flexible staking option, one that allows users to redeem their staked assets from a staking pool whenever they desire. A flexibility that allows users to earn staking rewards without sacrificing liquidity considering that PoolX generate hourly returns.

Having earned the trust of users through the juicy APY Bitget Launchpools offer– ZKF and ENA for instance delivered an incredible 329% and 241% APY for a 2 day and 10 day farming period respectively; it is left to be seen if the newly launced PoolX can replicate such yields. 

One thing for sure, PoolX is on a mission to redefine the token farming experience with its flexibility and profitability. How excited are you with this product?

The combination of Bitget's high reserve ratio, transparent disclosures and regulatory compliance is providing much needed user assurance in the CEX world