According to HTX’s announcement, with the additional quota, Liquid Restaking is offering a total staking quota of $100 million. This includes 500 BTC, 5,000 ETH, 50,000,000 USDT, 50,000,000 TRX, and 3,000,000,000,000 HTX. You can participate in this event by enabling your assets in Spot and Futures accounts on HTX to get snapshotted and receive initial airdrops daily from premium restaking projects.
Highlights of the event update include:
● Futures accounts are also eligible for participation. You can share corresponding crypto rewards after the platform captures a snapshot of your assets in your Spot account and net equity in your Futures account.
● Boosters. You have the chance to receive up to a 150% boost on your rewards through the following means:
Join or create a team.
Daily trading fees, including net fees generated from spot, margin, and futures trading. The higher the daily trading fees, the greater your rewards get boosted.
$HTX holdings (in Spot and Earn accounts).
These boosts apply to the cryptocurrencies enabled in Liquid Restaking to increase your sharing weight, thereby yielding higher rewards from the event. The three methods mentioned above will grant you different levels of boosts, with particular emphasis on teaming up.
Participants can either join a team or create one by teaming up with friends. A team is eligible to receive a boost, which all team members can enjoy. A team’s boost is determined by its level, which is calculated based on the total participating amount contributed by all team members. As the team’s level rises, it becomes eligible for a higher boost. Each team can have a maximum of 2,000 members. The team leader, besides benefiting from the team’s boost, can receive an extra 20% boost.
How to create a team: Visit the Liquid Restaking event page > Click on Boost > Create Team > Set up the team profile > Share the invitation poster or link with friends; How to join a team: Scan the QR code on the invitation poster / click the invitation link > Visit the Liquid Restaking event page > Confirm / Enter the team invitation code > Join the team. Seize the chance to build your own team and share the on-chain rewards.
As the first cryptocurrency exchange to support Restaking with no entry requirements, HTX will bring more opportunities for users to engage in the on-chain ecosystem. HTX, aiming for People’s Exchange, remains dedicated to providing secure, convenient trading services while driving innovation to propel the cryptocurrency industry forward.
The post first appeared on HTX Square.
