HTX’s Restaking activity has performed well since its launch. According to platform data, over 100,000 users have participated in the HTX Restaking activity, with a peak annualized return rate of 88%. Additionally, the total amount of active staked assets on the platform is steadily increasing. It is understood that upcoming airdrops from popular projects such as zkLink and EigenLayer have a potential return of over 100%.
Since the recent Bitcoin halving event on April 19th, BTC miners have begun to show signs of “surrender,” tending to shut down underperforming equipment and sell BTC to hedge risks. Historically, this usually indicates a bottoming out of prices.
In this context, Restaking airdrops, as one of the hottest tracks in the past half year, are timely. Airdrops from projects like Bouncebit, ETHFI, and zkLink have attracted market attention.
Restaking Ignites New Possibilities for DeFi
In the past six months, Restaking projects have flourished. Over $20 billion in assets have participated in the Restaking track, and well-known institutions such as the Ethereum Foundation, Polychain, and ABCDE, as well as mainstream platforms like HTX, Binance, and OKX, and other ecosystem giants have joined the construction together.
As an innovative blockchain technology, Restaking allows users to stake their staked cryptocurrencies again to earn additional returns on the same asset. This mechanism is usually implemented through smart contracts, ensuring transparency and security in the original staking and restaking processes.
Compared to traditional staking, in the Restaking model, users can stake their assets again on top of the original staking to earn additional returns.
The emergence of Restaking has had a profound impact on the cryptocurrency market. Firstly, it provides holders with more opportunities for returns, increasing user participation. Secondly, through multi-layered staking mechanisms, it enhances the security and stability of the entire blockchain network. Additionally, Restaking has prompted the emergence of more innovative projects and applications, further driving the development of the cryptocurrency ecosystem.
Advantages of HTX Restaking: Enjoy On-Chain Airdrops, No Lock-ups, Professional Risk Control Team
HTX has been paying attention to the progress of various Restaking projects and has continuously increased the recommended reward for the Restaking activity. It has now reached over $150 million. Recently, a new version with clearer benefits has been launched, with LRS points automatically upgrading to r points.
Different from the complexity of on-chain operations and individual project selection, HTX Restaking has the following advantages:
– Carefully selected projects: Following Sun Yuchen’s billion-dollar funding for new projects, a professional research team ensures a comprehensive selection based on security audits, on-chain participation, team composition, and other factors.
– High security: HTX adopts multiple signature and cold wallet storage measures to ensure the security of user assets.
– Excellent user experience: HTX platform has a simple and intuitive interface, with zero threshold, no lock-ups, and one-click participation in Restaking, eliminating the need for individual on-chain operations.
– Enjoy on-chain airdrops: Participate in multiple projects with equal assets, automatically adjust positions, and seamlessly participate in full airdrops.
HTX Restaking started the r-BB (r-Bouncebit) point exchange on July 2nd and simultaneously doubled the daily r-ETHFI reward. The specific updates are as follows:
– r-BB exchange start date: July 2nd, 2024
– Daily r-ETHFI exchange reward: Increased from a daily distribution of 50,000 r-ETHFI to 100,000 r-ETHFI, with the exchange rate unchanged.
– Duration of doubled r-ETHFI reward: July 2nd, 2024 – July 16th, 2024, after which it will continue to increase.
In the future, HTX Restaking is expected to continue expanding its business scope, introducing more innovative products and services, and increasing airdrop shares and new star project airdrops based on the number of participants in Liquid Restaking, helping HTX users surpass on-chain new project returns.
As HTX’s exclusive CEX on-chain airdrop activity, Restaking helps users enjoy on-chain airdrops from popular star projects in the billions without cost or barriers. Simply sign up and participate with a single click. The participation path is HTX APP -> Earn Coins -> Restaking. Join the HTX platform’s Restaking activity now and share the on-chain dividends of the Restaking track.
*Disclaimer: This corporate press release is not an official statement from Gyro Technologies. Gyro Technologies bears no responsibility for any legal issues arising from it.
