Wednesday, June 19, 2024
HomeLaw & PoliticsEthereum Killer Harmony (ONE) is on Bitrue for staking

Ethereum Killer Harmony (ONE) is on Bitrue for staking

Bitrue (BTR) is a multi-product cryptocurrency platform, popular within the XRP community. It has recently publicly disclosed about a significant enhancement to its stake dashboard capabilities. Power Piggy, which is a staking programme of Bitrue now supports Harmony’s token ONE, according to an official release made by it. ONE token holder now can bet them at a 7% annualised percentage rate (APR). In addition, the total amount of tokens available for staking in Bitrue’s Power Piggy has surpassed 60.

The APR rate can be increased to 8.4 percent for BTR token holders. The total payout amount for the first round of ONE staking is fixed at five million ONE. Power Piggy accepts a minimum bet of 10 ONE and has no lock-up periods.

Bitrue’s Power Piggy is a user-friendly one-stop shop for staking crypto assets. It enables users to receive periodic incentives for entrusting their currencies to Bitrue’s care. In the fourth quarter of 2019, the programme became operational. On Bitrue, APY rates for XRP and XLM coins have just increased.

Another passive income scheme, “Yield Farming,” will go live on March 4, 2022, for owners of Solana (SOL), Avalanche (AVAX), Fantom (FTM), and Dogecoin (DOGE). With Bitrue’s limited offering, all holders of the aforementioned cryptocurrencies may earn up to 30% more APY.



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