CoinEx, a leading global cryptocurrency exchange, responds to the latest market trend of on-chain revenue by launching its innovative Staking service to generate on-chain rewards for participants.
CoinEx Staking: Unlocking On-chain Revenue
CoinEx Staking allows users to stake their crypto assets, participate in the validation process of blockchain networks, and earn rewards.
Compared to traditional investment methods, staking helps users generate revenue in the long-term while supporting network security and stability.
With a user-friendly interface, CoinEx Staking ensures that even users without technical backgrounds can easily earn on-chain rewards through a few simple steps.
CoinEx Staking Supporting CET: Unlocking Multiple Potential for Asset Growth
The CoinEx Staking service supports CET (CoinEx Token) for token holders. By staking CET, users can enjoy additional staking rewards, in a dual-benefit model approach.
Additionally, CoinEx Staking supports flexible staking. Users can choose different staking periods ranging from short-term to long-term staking—allowing for flexible adjustments to achieve optimal returns and goals.
CET: Core Value in the CoinEx Ecosystem
Launched in January 2018, the CET (CoinEx Token) token was initially issued on the Ethereum network as an ERC20 token standard.
It was later migrated to the CoinEx Smart Chain, a public blockchain independently developed by CoinEx, where it serves as the gas for transactions and operations.
CET token holders can enjoy fee discounts on the platform. Also, holding a certain amount of CET can qualify for VIP upgrades with daily interest rate discounts in margin borrowings, VIP manager, and ticket priority.
Moreso, holders can engage in platform promotional activities, token airdrops, mining and qualifying for Dock projects.
CoinEx also allocates 20% of its daily transaction fee revenue to repurchase CET, which is then burned at the end of each month reducing the circulating supply and increasing its scarcity and intrinsic value.
Comprehensive CET Upgrade: Multi-dimensional and value
This upgrade will focus on several key areas:
1. Expanding Application Scenarios
CoinEx will expand CET token utility both within and outside the platform by offering a broader range of on-chain and off-chain products.
2. Upgrading Holder Rights
This also will enhance the rights of CET holders on the CoinEx platform where holders will have governance voting rights.
3. Deeper Integration Across Multiple Domains
CET will become an essential tool of the platform and for users to unlock more benefits both within and outside the platform.
Conclusion
Through this innovative service, global CET holders can enjoy more opportunities for asset appreciation while benefiting from flexible staking periods and rewards. With more application upgrades, users will enjoy a more diverse range of opportunities.
