During the new round of breakthrough for Bitcoin and the key moment of the explosive growth of star projects on the chain, Huobi HTX officially launched the Liquid Restaking activity at 17:00 (UTC+8) on February 29, providing crypto users with a new opportunity to participate in the on-chain ecosystem with low thresholds.
Simple participation, no need for on-chain operations, early participation, and high returns
Platform users only need to click "Liquid Restaking" on the homepage of the Huobi HTX APP or related entry points to enter the special page, and start the relevant currency with one click. By holding more than $1 worth of BTC, ETH, USDT, HTX, TRX, and other supported currencies in the spot account through recharging, trading, etc., users can receive:
EigenLayer's first token airdrop - Ethereum Restaking star project with an on-chain staking volume of over $7 billion
Puffer's first token airdrop - Ethereum Restaking star project with an on-chain staking volume of nearly $1 billion
Merlin Chain's first token airdrop - Bitcoin Layer 2 solution with an on-chain staking volume of over $1.5 billion
BounceBit's first token airdrop - Bitcoin staking chain with an on-chain staking volume of over $450 million
As well as airdrop rewards for ETH, USDT, HTX, TRX, and other tokens
The rewards will be distributed in the form of points, which can be exchanged for corresponding tokens after the project airdrop.
The earlier the participation, the more spot assets, the more points received.
The LRS points obtained by participating in Liquid Restaking on Huobi HTX can be exchanged for corresponding rewards. LRS-BTC can be exchanged for Merlin Chain and BounceBit airdrop rewards, LRS-ETH can be exchanged for EigenLayer and Puffer airdrop rewards, and the specific airdrop rewards for exchange are subject to the actual distribution by the on-chain project. LRS-USDT, LRS-TRX, LRS-HTX can be exchanged for corresponding coin-based rewards.
Specific exchange details need to be followed up with official announcements. LRS-USDT, LRS-TRX, LRS-HTX points will be open for exchange in the near future; LRS-BTC, LRS-ETH points will be open for exchange within 14 days after the on-chain project airdrop (or after April 2024, depending on the on-chain airdrop time). The exchanged rewards will be directly distributed to the user's spot account.
$50 million in on-chain rewards, high value, free to claim, only on Huobi HTX
As the first exchange in the industry to support Restaking, users on Huobi HTX can sign up with one click to participate in the already launched Liquid Restaking activity, and share the $50 million on-chain rewards by taking spot snapshots, including early token airdrops for Restaking star projects such as EigenLayer and Merlin Chain.
Which early airdrops of star projects can be obtained by participating in the activity?
Participating in the Liquid Restaking activity on Huobi HTX will allow users to receive early airdrops from projects including EigenLayer, Puffer, Merlin Chain, and BounceBit, and will expand to other popular projects in the future.
EigenLayer: EigenLayer is a leading project in the Ethereum Restaking track, with a TVL of $7 billion, providing decentralized Restaking services by building a modular protocol layer on the Ethereum main chain, allowing LP tokens to generate returns again.
Merlin Chain (MERL): Merlin Chain is a Bitcoin Layer 2 (L2) network solution that allows users to conduct more efficient transactions and smart contract executions on the Bitcoin network by bridging the interaction between the EVM-compatible chain and the BTC chain, with a current TVL of $1.5 billion.
BounceBit: BounceBit refers to a platform or protocol focused on Bitcoin staking, where users can stake Bitcoin to support network security and receive corresponding staking rewards. According to the information mentioned, the on-chain staking volume of BounceBit has exceeded $450 million, indicating a certain level of market acceptance and community trust in the project. With its security and stability, it can attract a large amount of staked funds, usually indicating a certain guarantee in terms of security design and stability.
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From the staking volume, it can be seen how popular these star projects are on the chain, and the Liquid Restaking activity on Huobi HTX is equivalent to a one-stop plan, allowing users to participate with one click and receive multiple on-chain Restaking returns.
Log in to the Huobi HTX exchange account and click on the "Liquid Restaking" entry to enter the activity page.
Select the digital assets to be staked on the activity page, confirm the staking amount, and submit the staking order.
After the staking order is confirmed, users can start enjoying the corresponding Restaking returns.
CEX users can participate in on-chain staking activities without leaving the exchange platform, easily earning returns. The returns are more flexible and do not affect asset trading. Users can choose different assets to participate in the activity based on their needs and preferences, enjoying diversified returns while ensuring asset security.
As a globally renowned trading platform, Huobi HTX ensures the security of user assets and the reliability of transactions. During the activity, regardless of any on-chain risks, user assets on Huobi HTX are not affected, and the returns are distributed in the form of rewards. Huobi HTX also promises to fully bear any potential risk losses, allowing users to participate with peace of mind.
The highlights of the Liquid Restaking activity launched by Huobi HTX are summarized as follows:
【High value】Star track, $50 million in early token rewards, great appreciation potential
【Free to claim】One-click operation saves time and effort, no additional costs required
【More flexible】One-click participation, one-click withdrawal, immediate effect
【Zero risk】Principal security, white-collar returns, risk-free mining
The activity is now live. The earlier you participate, the higher the returns. The cryptocurrency market has entered a new phase, and the imagination space of the crypto world has been greatly expanded. The on-chain ecosystem will become a new opportunity for wealth. Seize the opportunity, follow Huobi HTX, and become a winner in the new bull market.
Participation method: After 17:00 (UTC+8) on February 29, 2024, click on "Liquid Restaking" on the homepage of the APP or related entry points to enter the special page and start the relevant currencies. By holding more than $1 worth of BTC, ETH, USDT, HTX, TRX, and other supported currencies in the spot account through recharging, trading, etc., users can obtain points for exchange rewards.
Trade with Huobi, registration link: https://www.htx.com.fj/zh-cn/v/register/double-invite/web/?invitecode=ymcx6223&inviterid=11354800
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