Curated News
By: NewsRamp Editorial Staff
May 16, 2024
HTX to Boost Liquid Restaking Quota Totaling $150 Million with Upgraded Point System
TLDR
- HTX announced a significant upgrade to Liquid Restaking, offering an additional $50M quota, giving users an advantage in earning rewards.
- Liquid Restaking will adopt a new point system of r-points effective from May 16, which can be redeemed for rewards provided by corresponding projects.
- HTX's innovative Liquid Restaking event features no lockups, no staking, high returns, and flexibility, making it easier for investors to capitalize on the on-chain staking revolution without compromising liquidity.
- HTX will launch a brand-new version of Liquid Restaking on May 16, 2024, at 09:00 (UTC), introducing a new point system and offering an additional $50M quota.
Impact - Why it Matters
The news is important for cryptocurrency investors and enthusiasts who are seeking innovative, flexible, and high-return staking opportunities without compromising liquidity. The significant upgrade by HTX demonstrates the company's commitment to providing a comprehensive, safe, and reliable platform for virtual currency enthusiasts around the world, reinforcing its position as a global gateway to Web3.
Summary
HTX, a world-leading cryptocurrency exchange, will boost its Liquid Restaking quota to $150 million with an upgraded point system, offering upsized rewards to its users. The upgrade includes an additional $50 million quota and the adoption of a new point system, providing more flexibility and high returns without lockups or staking. This move demonstrates HTX's commitment to stability and innovation despite market volatility.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, HTX to Boost Liquid Restaking Quota Totaling $150 Million with Upgraded Point System
