Our One-minute Digest

Jan 1 – Jan 7, 2021

 

Platform Update

  • Currently listed a total of 158 tokens with the product offering BTMX investment Multiple Card, Airdrop Multiple Card, Staking Service, BTMX Investment, etc., for potentially higher rewards.

 

Activities in the Spotlight

  • Join Bonded Finance (BOND) limited-time promotion: participate in BOND pre-staking, net-buy, net-deposit, or retweet the Twitter post to share 10,000 USDT worth of total rewards.
  • Participate in UNION (UNN) Promotion: users with Daily Trading Volume (Buy + Sell) ≥ 20,000 UNN for any three, five, or all seven days will be eligible to share 13,000 USDT in tokens.
  • BitMax.io provides technology and execution support for the 6th round auction of UAT Pending Release from presale portion (public sale and private sale). The auction events start from Jan 6, 10:00 p.m. EST, 2021, to Jan 10, 10:00 p.m. EST, 2021.
  • LAMB, MHC, and KCS tokens will be delisted from the platform starting on Jan 8, 10:00 a.m. EST, 2021.
  • BitMax.io’s new tiered VIP fee & rebate structure will go into effect at 9:00 p.m. EST, Jan 8, 2021.

 

BitMax Ecosystem

  • Distribution Pool:2,346,006 USDT
  • Total Est. Daily Profit/1MM BTMX This Week: 184 USDT
  • Diverse global communities with 71,653 users from Korea, Russia, India, Turkey, Vietnam, Italy, Japan, Spain, etc., up by 237 over last week.

 

 

DeFi Project Highlights

  • Network (NSURE): stake NSURE to earn Est. 61.01% APR.
  • Terra Virtua (TVK): six-month pre-staking program with a great chance to earn up to Est. 36% APR.

 

DeFi Yield Farming Strategies & Est Annualized Yield

  • Curve - USDT:48.88%
  • HARD - USDX:19.10%
  • DMM:Governance - USDT:24.81%
  • HARD - HARD:24.87%

 

Learn with Us -Staking

 

The term "staking" comes from Proof-of-Stake ("PoS") blockchain networks. PoS blockchain networks rely on validators to operate full-nodes to participate in various consensus mechanisms, thus promoting network security and resilience. In return for their contribution, validators earn block rewards.

 

BitMax's innovative staking product allows users to participate in staking and earn rewards directly on the platform. BitMax aggregates users' staking interest and delegates assets to trusted validators on their behalf. Simply click the "Delegate" button will allow users to earn staking rewards.

 

Key Features of BitMax Staking Service:

 

1.Unstake anytime to trade or transfer without delay via "Instant Unbonding;"

2.Trade while earning rewards by using staked assets as margin collateral;

3.Maximize returns through automated redelegation of rewards under "Compound Mode."