EDUSELL
Financial Market Examiner
Midas Crypto Vault
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews
No Result
View All Result
Financial Market Examiner
No Result
View All Result
Home Crypto News

Huobi Pool launches Terra (LUNA) Staking for more investors

Admin by Admin
November 16, 2021
in Crypto News
0
Huobi Pool launches Terra (LUNA) Staking for more investors
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
MMC MMC

(LUNA) Staking to Enable More Investors To Participate In Its Ecosystem

Huobi Pool (NASDAQ:), the world’s largest staking mining pool under Huobi Group, announced the launch of LUNA staking, offering investors a seamless way to vote for notes and earn rewards on the platform. By staking a minimum of 0.1 LUNA tokens, users can enjoy up to 3.8% annualized returns.

Trades are looking for ways to maximize their return on investments in cryptocurrency. Staking on public chains can prove difficult as many investors must have large balances of tokens to participate in Proof of Stake (PoS) for multiple chains. It is also a complex, multi-step process to verify the contents of every block.

Token holders can now participate in Huobi Pool’s LUNA staking channel and enjoy node advantages such as block-generation profits.

“We are committed to growing the POS industry and our communities. One of the most trusted node service providers in the world, we now provide node service to over 50 projects. We also offer a gateway to the staking process so that our users can gain rewards. We are looking forward to collaborating with the LUNA Community and welcoming even more quality projects in near future.”

Jeff Mei, Huobi Group’s Director of Global Strategy, said:

Huobi Pool also has LUNA and three additional digital assets available on its staking channel. These are XPRT (SOLANA), CSPR, and CSPR. LUNA, a governance and staking token, is what fuels Terra’s entire network. It supports Terra’s stablecoin (UST) and payment processing systems. LUNA’s price has increased by an amazing 2000% since the beginning of 2018. This increase is a result of its exponential growth. Luna is on the verge of breaking into crypto’s Top 10 by market capitalization and has attracted wide adoption from investors due to its unique tokenomics and growing ecosystem.

Huobi Pool’s latest staking campaign for Terra Luna is active from Saturday, 13th November 2021. Participants can take part in this event by staking a minimum of 40 LUNA tokens. Terra has set the rules for the stakes, so the rewards are always changing. The most staked users will receive an additional 1,000 USDT or equivalent value in LUNA as prizes.

Huobi Pool has the same settlement method as Huobi Global, and it is both fast and safe. LTC mining and ETH mining can be redeemed with Huobi Pool Token (HPT), while BTC mining and BCH mining will allow users to receive three assets, HTP and ELA, as well as VCASH.

To receive a fee discount through main currency mining, users can join the Fee Discount Carnival (NYSE :). Based on computing power, the fee rate discounts range from 2% up to 8%. You can invite your friends to join the platform and get rebates. You can get more rebates the higher the computing power connected to the platform.

Huobi Pool provides one-stop services for mining machines, mining pools, mining farms and other related activities, making it easier to be a part of the growing mining community.

 

Share on TwitterTweet
Share on Pinterest Share
Share on LinkedIn Share
Share on Digg Share
Tags: CryptocurrecncyCSPRHuobi PoolLUNASOLANAStaking
Institutional Trading Concept Institutional Trading Concept Institutional Trading Concept
ADVERTISEMENT
Previous Post

Paradigm Launches $2.5 Billion Crypto Sector Investment Fund

Next Post

China reiterates its stance against cryptocurrencies

Admin

Admin

Next Post

China reiterates its stance against cryptocurrencies

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

  • 99 Subscribers
  • Trending
  • Comments
  • Latest
AUD USD pair

Forex: AUD/USD Point To More Downside For The Aussie

October 20, 2022
yen and dollar

FOREX-Yen Flirts With Intervention Level As Dollar See Gains

October 11, 2022
Virtual stadium in the metaverse

Why Virtual Stadium Can Be the Next Big Thing in the Metaverse

January 26, 2023
USDD Depegs

USDD Stablecoin Depegs To $0.96, Tron (TRX) Dumped

December 12, 2022
What is Initial Coin Offering?

Initial Coin Offering (ICO)

0
What is staking?

Staking

0
What is Defi?

Defi (Decentralized Finance)

0
Differences between Axie Infinity and Decentraland

Axie Infinity and Decentraland: Features and Differences

0
TERRA LUNA CLASSIC AND USTC LINKING

Terra Proposes Recoupling LUNC and UST Months After Collapse

February 3, 2023
Binance Re-Enters South Korea Acquiring Gopax Crypto Exchange

Binance Re-Enters South Korea Acquiring Gopax Crypto Exchange

February 3, 2023
FTX Debtors Warn Customers Of Scams Promising Return Of Assets

FTX Debtors Warn Customers Of Scams Promising Return Of Assets

February 3, 2023
Commerzbank EURUSD

Things are getting increasingly difficult for bulls – Commerzbank

February 3, 2023

Recent News

TERRA LUNA CLASSIC AND USTC LINKING

Terra Proposes Recoupling LUNC and UST Months After Collapse

February 3, 2023
Binance Re-Enters South Korea Acquiring Gopax Crypto Exchange

Binance Re-Enters South Korea Acquiring Gopax Crypto Exchange

February 3, 2023
FTX Debtors Warn Customers Of Scams Promising Return Of Assets

FTX Debtors Warn Customers Of Scams Promising Return Of Assets

February 3, 2023
Commerzbank EURUSD

Things are getting increasingly difficult for bulls – Commerzbank

February 3, 2023
Financial Market Examiner

Get all the latest Financial Market (Crypto & Forex) news, updates and other relevant resources here.

Follow Us

Browse by Category

  • Crypto News
  • Education
  • Forex News
  • Gaming
  • Reviews
  • Stocks

Recent News

TERRA LUNA CLASSIC AND USTC LINKING

Terra Proposes Recoupling LUNC and UST Months After Collapse

February 3, 2023
Binance Re-Enters South Korea Acquiring Gopax Crypto Exchange

Binance Re-Enters South Korea Acquiring Gopax Crypto Exchange

February 3, 2023

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

No Result
View All Result
  • Home
  • Education
  • Forex News
  • Crypto News
  • Stocks
  • Reviews

© 2022 Financial Market Examiner. - Designed by Mayconcept Solutions.

?>