Miners "surrender", the restaking track is accelerating

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Restaking is Huobi HTX's exclusive CEX airdrop event, which helps users enjoy the airdrops of popular star projects in the billions of tracks on the chain for free and without any barriers.

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Since the launch of Huobi HTX's new restaking activity, user returns have performed well. According to platform data, more than 100,000 users have participated in Huobi HTX's new restaking, with the highest annualized return of 88% in history. In addition, the total amount of active staking on the platform is also growing steadily. It is understood that the next airdrops of popular projects such as zkLink and EigenLayer will have a return potential of more than 100%.
Since the most recent Bitcoin halving event (April 19), when the reward for each new Bitcoin block was halved, Bitcoin miners have begun to show signs of "capitulation," tending to shut down underperforming equipment and start selling Bitcoin to hedge their risks. This has historically usually signaled a bottom in prices.
In this context, as one of the hottest tracks in the past six months, the Restaking track airdrop is in season. The airdrops of projects such as BouncebBit, ETHFI, and zkLink have aroused certain market enthusiasm.

Restaking ignites new possibilities for DeFi

In the past six months, the Restaking track has seen a great number of projects. More than $20 billion of assets have participated in the Restaking track, including well-known institutions such as the Ethereum Foundation, Polychain, ABCDE, Huobi HTX,BinanceMainstream platforms such as , OKX and other ecological giants have joined the construction.
As an innovativeBlockchainTechnology, Restaking allows users tocryptocurrencyStake again to get more returns on the same asset. This mechanism is usually implemented through smartcontractImplementation, ensuring transparency andSafetysex.

Compared with traditional staking, in the Restaking mode, users can re-stake their rights and interests based on the original pledge to obtain additional benefits.

The emergence of Restaking has a great impact oncryptocurrencyThe market has a profound impact. First, it provides more profit opportunities for coin holders and increases the enthusiasm of users to participate. Second, through the multi-layer pledge mechanism, it enhances the overallBlockchainNetworkSafety性和稳定性。此外,Restaking 还促使更多的创新项目和应用程序涌现,进一步推动了cryptocurrency生态系统的发展。

Advantages of Huobi HTX Restaking: Direct airdrop on the chain, no need to lock up positions, and professional team risk control

Huobi HTX has been paying attention to the progress of various projects in the Restaking track. The reward share of the new Restaking activities that it has focused on promoting has been repeatedly increased to over 150 million US dollars. Recently, a new version with clearer rights and interests has been updated and launched, and LRS points are automatically upgraded to r points.

Different from the complicated operations on the chain and the confusion of personal identification of projects, Huobi HTX IPO Restaking has the following advantages:

Careful selection of projects:Follow Justin Sun to invest billions of dollars in new shares, screened by a professional investment research team.SafetyStrict selection based on multiple dimensions including audit, on-chain participation, team composition, etc.

安全性高:Huobi HTX uses multi-signature and coldwallet存储等安全措施,确保用户资产的安全;

Maximize user experience:The operating interface of Huobi HTX platform is simple and intuitive, with zero threshold, no lock-up, one-click new issuance, and no need for personal on-chain operation;

Enjoy the on-chain airdrop directly:Use equal amounts of assets to invest in multiple projects, automatically adjust positions, and seamlessly invest in full amounts.

Huobi HTX Restaking has opened r-BB (r-Bouncebit) points redemption on July 2, and doubled the daily r-ETHFI rewards. The specific new additions are as follows:

1. r-BB exchange start date: July 2, 2024;

2. Daily r-ETHFI exchange reward: increased from 50,000 r-ETHFI per day to 100,000 r-ETHFI per day, and the exchange rate remains unchanged;

3. The r-ETHFI reward doubling period is from July 2, 2024 to July 16, 2024, and will continue to increase thereafter.

In the future, Huobi HTX Restaking is expected to continue to expand its business scopeXiaobai Navigation, introduce more innovative products and services, and will continue to increase the airdrop share and add new star project airdrops based on the number of Liquid Restaking participants, helping Huobi HTX users catch up with the returns of new IPOs on the chain.

Restaking is Huobi HTX's exclusive CEX airdrop event, which helps users enjoy the airdrop of popular star projects on the chain for free and without any threshold. You can participate by just one-click registration. The path to participate is Huobi HTX APP → Earn coins → IPORestaking. Participate in the new Restaking activity on Huobi HTX platform immediately and share the on-chain dividends of the Restaking track.

The article comes from the Internet:Miners "surrender", the restaking track is accelerating

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All projects participating in Restaking have been carefully selected by the platform and are trustworthy. With the recent release of the first airdrop of Merlin on the chain, the Restaking track has once again become one of the hot tracks that attract investors' attention. In this airdrop, Huobi HTX Liquid Restaking is based on the same rules as the on-chain distribution…

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