Curated News
By: NewsRamp Editorial Staff
May 20, 2024
Bitget's PoolX Welcomes Thetanuts Finance NUTS for Staking Potential
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- Bitget users can stake NUTS on PoolX for substantial rewards, expanding staking options and potential profits.
- PoolX distributes rewards hourly based on staked amounts, offering a range of APR from 10% to 45% for users.
- Thetanuts Finance's NUTS listing on Bitget's PoolX supports innovation in altcoin options, enhancing user staking options and potential rewards.
- Thetanuts Finance's recent v3 upgrade has pivoted towards a more decentralized approach, focusing on altcoin options, driving further adoption and innovation.
Impact - Why it Matters
The addition of Thetanuts Finance's NUTS token to Bitget's PoolX staking platform provides users with an opportunity to potentially earn substantial rewards, while also supporting Thetanuts Finance's mission to innovate within the altcoin options space. This move reflects the ongoing evolution and diversification of cryptocurrency staking options, offering users more opportunities to engage with and benefit from the crypto landscape.
Summary
Bitget, a leading global cryptocurrency exchange and web3 company, has added Thetanuts Finance's native token, NUTS, to its PoolX staking platform, offering users the opportunity to stake NUTS and potentially earn substantial rewards. This move underscores Bitget's commitment to providing diverse and potentially profitable staking options for its users. Thetanuts Finance, a decentralized on-chain options protocol, has recently pivoted towards a more decentralized approach, focusing on altcoin options, and successfully closed a $17 million funding round in April.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Bitget's PoolX Welcomes Thetanuts Finance NUTS for Staking Potential
