Poloniex, a global cryptocurrency exchange, is excited to announce the launch of its new Liquid Staking product to give users access to higher reward rates. Here are the details…
Poloniex announces key staking product
The Liquid Staking product offers users a secure and stable way to earn passive income and diversify their crypto portfolios. “The launch of this new Liquid Staking product demonstrates our commitment to providing our users with diversified products and services to meet their diverse needs,” said Eddie Jiang, Marketing Manager at Poloniex.
In a time of uncertainty, many people are passively looking for additional ways to make money, and that’s why Poloniex; is stepping up to provide access to a staking product that not only provides secure and stable returns, but also offers users the highest level of flexibility, ease of use, and near-verifiers annual rate of return (APY).
Liquid staking covers four altcoins
Poloniex’s Liquid Staking is launched with ATOM, DOT, NEAR and SOL and offers one-click engagement for a hassle-free and easy way to enjoy higher rewards from competing exchanges. Up to 23.75% APY is offered at launch. Thanks to the flexible nature of the staking product, participants have the option to use their funds to trade, deposit or withdraw their tokens at any time, or continue to earn daily rewards based on the balance in their Earn account. For more information about the Liquid Staking product, you can visit the exchange’s help center.
Things to know about Poloniex
Founded in January 2014, Poloniex; is a global cryptocurrency exchange that supports spot, margin and futures trading. With a world-class trading platform, Poloniex received funding from TRON’s Founder, HE Justin Sun, in 2019 to expand its international client base. Poloniex is currently available in more than 100 countries and regions in various languages. Poloniex launched its new trading system with higher speed, stability and usability in 2022. Joining hands with TRON, Dominica’s national blockchain, and giving TRX legal status in the country, Poloniex will continue its mission of connecting users to the power of the cryptocurrency.
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