Poloniex launches Liquid Staking product to avail higher rewards to users
Poloniex, a global crypto exchange, is thrilled to announce the launch of its new Liquid Staking product to give users access to higher reward rates.
The Liquid Staking product offers users a secure and stable way to earn passive income and diversify their crypto portfolio.
“The launch of this new Liquid Staking product shows our continued commitment to providing our users with diversified products and services to meet their different needs,” said Eddie Jiang, Head of Marketing of Poloniex.
In a time of uncertainty, many people are looking for additional ways to passively earn and so Poloniex is stepping up to provide access to a staking product that is not only secure and provides stable returns, but one that also offers users the utmost flexibility, ease-of-use, and APYs at near-validator levels.
Poloniex’s Liquid Staking product has launched with ATOM, DOT, NEAR, and SOL and offers a one-click opt-in for a smooth and easy way to take advantage of rewards that are higher than competing exchanges – with up to 23.75% APY on launch. Thanks to the flexible nature of the staking product, participants have the option of redeeming their funds to trade, deposit or withdraw their tokens anytime they want or continuing to earn daily rewards on the balance in their Earn account.
For more information about the Liquid Staking product, please visit our help center.
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 H.E. Justin Sun, Founder of TRON, in 2019 to widen its international customer base. Poloniex now provides services in over 100 countries and regions, in various languages.
In 2022, Poloniex launched its new trading system with higher speed, stability, and usability. Joining hands with TRON, which is the national blockchain for the Commonwealth of Dominica with TRX granted statutory status as legal tender in the country, Poloniex will continue on its mission to connect users to the power of cryptocurrency.
Disclaimer: This is a paid post and should not be treated as news/advice.