In a bid to bolster the cryptocurrency ecosystem, Bitget, MultiversX, and P2P.org have entered into a collaboration agreement aimed at enhancing their platforms’ performance. This partnership presents an amplified opportunity for Bitget users to stake EGLD, the native token of the MultiversX network, on the Bitget Earn platform. This initiative is anticipated to augment market utility and provide additional avenues for the community to generate income, capitalizing on the synergy of each mutual application.
Recently, @bitgetglobal has enabled users to stake EGLD on the Bitget Earn platform. As @P2Pvalidator, we are thrilled to collaborate with @MultiversX foundation and @bitgetglobal to make this possible. Enjoy Bitget’s UX with auto-compound feature, and the @MultiversX network rewards of up to 8.5%.
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— P2P.org (@P2Pvalidator) November 4, 2024
P2P.org’s Role and Vision in the Partnership
As one of the foremost blockchain infrastructure firms, P2P.org has been working in concert with the MultiversX Foundation and Bitget to introduce the staking option. P2P.org has previously offered services for the operation of blockchains via validator services, which will lend credibility to this endeavor, instilling confidence among the participants.
Bitget’s Enhanced User Experience and Auto-Compound Feature
The incorporation of EGLD staking on the Bitget platform has been uniformly implemented, which can be ascribed to Bitget’s emphasis on an enhanced user experience (UX). A new feature is the auto-compound, which allows users to achieve the highest staking returns without the need to manually compound them. This functionality elevates the simplicity of staking and is perfectly suited for both novice investors and professionals.
Therefore, owing to the user-centric approach in Bitget, this campaign will draw more people to take part in EGLD staking, contributing to the mission of democratizing cryptocurrency investments.
Attractive Rewards on the MultiversX Network
EGLD holders who choose to stake their tokens in the program can anticipate up to an 8.5% annual return, which is always a bonus for those intending to generate a passive income from their crypto investments.
The incentive model of the MultiversX network has been designed to motivate participants and provide increased network security and reliability. By partnering with Bitget and P2P.org, the MultiversX Foundation has not only enlarged the pool of users interested in its ecosystem but has also stimulated more people to actively participate.
