THE:Bitfinex Launches Staking Rewards Program_Block Farming Industry

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Inresponsetocustomerdemand,we'reexcitedtoofferaStakingRewardsProgramthatallowsuserstoearnrewardsbyholdingfundsonourplatform.

Designedtoprovideuserswithanotheravenuetoincreasethevalueoftheirholdings,theStakingRewardsProgramwillenablecustomerstoearnrewardsashighas10%*peryearbydepositingandholdingdigitaltokens.TokensavailableforstakingrewardsincludeEOS,Cosmos(ATOM)andv.systems(VSYS),withTezos(XTZ)settolaunchinMay.

Thestakeddigitalassetswillbeheldsafelyonourplatform,utilizingBitfinex'ssecurein-housecustodysolution.WhenBitfinexstakesadigitaltoken,itisdelegatedbytheexchange,meaningthatthetokensremainintheplatform'scontrolandaresecuredinthesamemannerasothertokens.

IncelebrationofthelaunchoftheStakingRewardsProgram,Bitfinexishostingacompetition,sTakeaBitfinexT-shirt.ParticipantswillhavethechancetowinabrandedBitfinexT-shirt.

*Thisistheestimatedannualstakingrewardforstakedtokens.AsdescribedinourFAQs,inordertominimizetheriskthatstakingwillimpactyourabilitytowithdrawtokens,Bitfinexwillonlystakeaportionofthetotalnumberoftokensitholds.

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THE:Bitfinex Launches Staking Rewards Program_Block Farming Industry

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